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BY BLAISE UDUNZE In a welcome display of policy sensitivity and economic rationality, the Federal Government has suspended the planned 15 percent ad-valorem import duty on petrol and diesel. This move, announced by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), is more than a technical adjustment, it is …

  BY BLAISE UDUNZE In a welcome display of policy sensitivity and economic rationality, the Federal Government has suspended the planned 15 percent ad-valorem import duty on petrol and diesel. This move, announced by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), is more than a technical adjustment, it …

Fidelity Bank Plc has announced its audited financial results for the half-year ended 30 June 2025, demonstrating resilience and sustained growth across key performance indicators. Highlights of the financial results which was uploaded on the Nigerian Exchange (NGX) portal on Thursday, 13 November 2025 shows that the bank delivered robust …

Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has faulted the Federal Government’s decision to suspend the proposed implementation of the 15 percent import duty on Premium Motor Spirit (PMS) and diesel imports, saying the move could slow down the nation’s progress toward energy independence and weaken investor …

Stanbic IBTC Holdings, a member of Standard Bank Group, successfully hosted the 11th edition of its Together4ALimb Walk on Saturday, 15 November 2025. The company’s flagship corporate social investment (CSI) initiative focuses on underserved children aged 0 – 18 years, who are living with limb loss across the states in Nigeria …

The curtains are gradually falling on Globacom’s “Glo Innov8” National STEM competition for girls in senior secondary schools across the country, as three top finalists have emerged for the grand finale slated for the Mike Adenuga Centre (Alliance Française), Ikoyi, Lagos. Twenty schools were shortlisted from over 200 entries received, …

…unveils new sugar pack sizes, as LCCI lauds Dangote partnership The Pan-African Conglomerate, Dangote Industries Limited (DIL) has reaffirmed its unwavering commitment to driving the industrialization of Nigeria and the African continent at large. The company then pledged to persist in its transformative efforts and maintain a leadership role in …

BY BLAISE UDUNZE In today’s Nigeria, one uncomfortable truth has become glaring that the fiscal authority collects, but it does not build. It borrows, but it does not produce. It taxes, but it does not empower. For years, the Nigerian government has pursued fiscal policies more obsessed with revenue than …

Stanbic IBTC Holdings, a member of Standard Bank Group, is set to reach a significant milestone as it prepares to increase the number of beneficiaries through its flagship Corporate Social Investment initiative, Together4ALimb. Since its inception in 2015, the initiative has transformed the lives of children across Nigeria by providing …

  The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has commended the Federal Government’s decision to impose a 15% tax on imported petrol and diesel, describing it as a bold and strategic move that will stimulate economic growth, encourage local production, and create employment opportunities for Nigeria’s growing …