Dangote Petroleum Refinery has declined a demand from oil marketers for a N1.505 trillion subsidy tied to coastal delivery costs, defended its gantry pricing, and invited marketers to take legal action.
Shoprite, once Nigeria’s largest retail supermarket chain, is battling financial strain, supply challenges, and store closures amid fears of a full exit.
Aliko Dangote insists his refinery does not represent a monopoly but calls for more large, capable players in Nigeria’s fuel industry, while lambasting corruption in fuel imports and contrasting his plant’s efficiency with that of NNPC.
Dangote Refinery’s direct petrol rollout has left private depots deserted, reshaping Nigeria’s fuel market dynamics.
The naira strengthened to its best level in six months, driven by high interest rates, stronger revenues, and dollar weakness.
The article explains how Nigerians—individuals and businesses—can obtain a Tax Identification Number (TIN), either online, at tax offices, or through agents, listing the required documents and noting the process is free.
Nigeria has suspended the planned 4% customs levy on imports after widespread opposition from traders and experts.
Data consumption is driving VAT revenues in Nigeria, making it a crucial replacement for volatile oil income.
Nigeria’s inflation eased to 20.12% in August 2025, marking the fifth consecutive monthly decline, according to the National Bureau of Statistics.
Consumers across Nigeria allege that petrol station attendants manipulate pumps and meters to under-dispense fuel, overcharge customers, and evade regulatory oversight.
