The House of Representatives has retained Value Added Tax, VAT, at 7.5 per cent and rejected a staggered increase to 15 per cent by 2030 as proposed in the Tax Reform Bills being debated at the ...

Nigeria's lower house of parliament passed four tax reform bills proposed by President Bola Tinubu on Thursday, marking ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said owing to the implementation of a number of Executive ...

NNPC’s oil loan agreements require fixed volumes of crude to secure financing. This contractual commitment reduces the amount ...

KYARUSHESHA, Uganda — For its first 88 completed miles, the world’s most controversial oil pipeline system runs in a ...

Nigeria imported petrol and diesel in February 2025 alone valued at about $620 million which is about N930 billion going by ...

Data on the importation of the fuels last month, showed that aside from the N930 billion bill in February, oil marketers licensed by the Nigerian Midstream and Downstream Petroleum Regulatory ...

At a public hearing organised by the Senate Committee on Science and Technology yesterday in Abuja, experts and industry ...

Nigeria Tax Bill was introduced to reform taxation and boost economic development. Its measures towards achieving this ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) and other key stakeholders in the extractive industry have expressed strong support for the Tax Reform Bills currently before the ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the 2024 tax reform bills will improve compliance across various industries including the oil and gas and mining sectors.

A resurgence of political unrest in Port Harcourt, the heart of Nigeria's oil industry, has sparked renewed fears about the security ...