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 […]
Our plant ended 50 years of fuel queues in Nigeria – Dangote Refinery
… we’re creating jobs, not displacing anyone By Udeme Akpan, Energy Editor President/Chief Executive, Dangote Petroleum Refinery, Aliko Dangote, has declared that since the refinery began producing petrol a year ago, Nigeria’s five-decade-long struggle with fuel queues has finally come to an end. Speaking at a conference to mark the first anniversary of the launch […]
Post-harvest losses: Storage facilities essential, ‘ll address wastage — Agric Minister
…as post-harvest losses stand at $10bn annually By Gabriel Ewepu THE Minister of Agriculture and Food Security, Sen Abubakar Kyari, yesterday, reaffirmed the Federal Government’s resolve to revitalise the nation’s silos concession programme in a bid to address post-harvest losses and reduce wastage. Speaking during a high-level meeting with the delegation from the Infrastructure Concession Regulatory […]
10th FATE business conference to explore power of AI
…As entrepreneurs compete for N1mn grants By Providence Ayanfeoluwa FATE Foundation has announced plans to hold the 10th FATE Business Conference with a view to exploring the transformative power of Artificial Intelligence, AI in driving business growth, innovation, and sustainability. The conference themed: “The Al Powered Business,” is scheduled to hold on September 26, 2025, at […]
Inflation rate drops to 20.12% in August
•As Borno state records highest YoY food inflation By Elizabeth Adegbesan Nigeria’s inflation rate eased by1.76 percent to 20.12 percent in August 2025 from 21.88 percent in July 2025. This represents the 5th consecutive month decline since April 2025 when it stood at 23.71 percent . The National Bureau of Statistics, NBS, disclosed this on Monday, in […]
Report lauds FCMB’s path to recapitalization success
A new report from geopolitical and economic research firm, SBM Intelligence, has highlighted FCMB Group’s recapitalisation strategy as a standout example of prudent financial management and strategic foresight.
