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The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sought a strategic partnership with the Economic and Financial Crimes Commission (EFCC) to strengthen tax compliance in the nation’s capital. Acting Executive Chairman…

The ECOWAS Commission has stated that transactions with Burkina Faso, Mali, and Niger will remain open despite their decision to withdraw from the regional bloc, effective January 29, 2025. The withdrawal will be acknowledged by relevant…

Thirty African Heads of State and Government have committed to implementing concrete reforms and actions to enhance access to reliable, affordable, and sustainable electricity across the continent. The initiative aims to drive economic…

The management of Max Air has announced that it will suspend it’s domestic flight operations for three months, effective midnight, January 31, 2025. The decision allows the airline to conduct an internal appraisal of its operations. The…

The Nigerian Safety Investigation Bureau (NSIB) has commenced an investigation into an incident involving a Boeing 737-400 aircraft, registered as 5N-MBD, operated by Max Air. NSIB’s Director of Public Affairs and Family…

The Federal Government of Nigeria has issued 10 gas distribution licenses to six top-tier companies, marking a significant milestone in deepening gas utilisation in the country. The beneficiary firms include NNPC Gas Marketing Limited,…

The Central Bank of Nigeria (CBN) has implemented a new payment method for Basic Travel Allowance (BTA) for Nigerians embarking on the 2025 Hajj pilgrimage. Under the revised system, each pilgrim will be issued an ATM card for…

The Federal Inland Revenue Service (FIRS) and the Nigerian Sovereign Investment Authority (NSIA) have collaborated with government revenue agencies and private sector stakeholders to advance the implementation of the National Single Window…

The naira strengthened against the U.S. dollar at Tuesday's official foreign exchange market, closing at N1,522.68 per dollar. According to data from the Financial Market Dealers Quotation (FMDQ) Securities Exchange, the local currency…

The European Union (EU) has identified Nigeria as its leading trade and investment partner, with total trade volume reaching an impressive €35 billion in 2023. This was disclosed by the newly appointed EU ambassador to Nigeria, Gautier…