FG cuts interest on late tax payments
…New rate takes effect October 1…Applies to FG, states, FCT tax authorities By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has reduced the interest rate payable by taxpayers for late settlement of their tax liabilities, with the new regime taking effect from October 1, 2026. Under the new arrangement, interest on tax […]
MSS sets to train 100 young Nigerians in industry related skills
By Peter Egwuatu Mobile Screens and Sounds (MSS), one of Nigeria’s leading technical production companies, has concluded an arrangement to train100 young Nigerians in industry related skills, screen and live event production as part of its Corporate Social Responsibility, CSR. This is coming following the launch of the MSS Event Tech Academy, a 10-week hybrid training, […]
Diesel prices jump as petrol sustains stable prices
By Udeme Akpan, Energy Editor Pump price of Automotive Gas Oil (AGO), otherwise known as diesel, have recorded significant hikes in Lagos, Port Harcourt and Warri. This comes against a relatively stable prices for Premium Motor Spirit (PMS) otherwise known as petrol despite fears of pressure from a renewed hostility in the Middle-east war between US […]
S&P Dow Jones places Nigeria on 2027 Frontier Market Watchlist
By Peter Egwuatu & Yinka Kolawole Nigeria’s capital market has received a significant boost after S&P Dow Jones Indices (S&P DJI) placed the country on its 2027 Country Classification Watchlist for potential reclassification from a Standalone Market to a Frontier Market, citing improvements in the country’s regulatory environment and market integrity. This is even as Bloomberg ranked […]
Dangote Cement pushes Africa’s net-zero cement agenda at global summit
By Yinka Kolawole Dangote Cement Plc has reaffirmed its commitment to driving low-carbon cement production, with Group Managing Director, Arvind Pathak, urging African producers to accelerate decarbonisation while expanding capacity to meet the continent’s growing infrastructure demand. Pathak made the call after participating in the Global Cement and Concrete Association (GCCA) CEO Strategic Dialogue in Madrid, […]
MultiChoice now fully integrated into Global Media Group — Canal+ CEO
MultiChoice has formally become a full subsidiary of Canal+, marking a new phase in the evolution of one of Africa’s leading pay television operators. In a statement, yesterday, David Mignot, Chief Executive Officer of Canal+ Africa and MultiChoice, said the integration positions MultiChoice within a global media organisation with an extensive international footprint. MultiChoice is […]
