Axxela Wins Carbon Reduction, Sustainability Awards 2025
Axxela Limited secures double honours at the 2025 Social Impact Awards for cutting CO2 emissions by over 703,000 tonnes. Discover how they're driving Nigeria's clean energy transition.
Category : Search result: VAT reduction
Nigerians Confirm N739 Fuel Price at MRS Stations
Several Nigerians have confirmed purchasing petrol at the new N739 per litre price announced by Dangote Refinery. Reports from Lagos stations verify the reduction, offering relief amid high costs.
Telefonica Cuts 5,500 Jobs in Spain
Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.
Cheapest Fuel in Ilorin After Dangote Price Cut Revealed
A Nigerian man in Ilorin identifies Ayinlak filling station as selling the cheapest petrol following Aliko Dangote's announcement of a new price of ₦739 per litre. See his findings.
Dangote Cuts Fuel Price to N699, Sparks National Debate
Dangote Refinery reduces petrol price to N699 per litre, sparking excitement and debate on the role of billionaires in Nigeria's economy. Read Nigerians' reactions.
Dangote Fuel Price Drop to ₦739 Goes Viral
Nigerians celebrate as Dangote Group reduces fuel price to ₦739 per litre. A young man's viral post declares 'Dangote has won the battle.' Read the public's reaction.
Fuel Prices Drop: NNPC, MRS, Others Announce New Rates
NNPC, MRS, and Ardova have reduced petrol pump prices across Nigeria, with cuts up to N80 per litre, following Dangote Refinery's major price review. Discover the latest rates in Lagos and Abuja.
Fuel Price Crashes After Dangote Refinery Slashes Rate
Following Dangote Refinery's price cut to N699 per litre, private depot prices have crashed, ranging from N702.50 to N820. MRS stations now sell at N739. Read the full impact.
FG Pushes States to Lead Disaster, Poverty Response
Federal Government mandates states to lead humanitarian and poverty reduction efforts. New 'One Humanitarian, One Poverty Reduction System' aims to harmonise interventions and boost accountability.
Expert Calls for Science-Led Tobacco Harm Reduction
A BAT expert advocates for Tobacco Harm Reduction as a pragmatic public health strategy, citing scientific evidence for safer nicotine alternatives to help adult smokers quit.
FG, States, LGs Share N1.9trn as FAAC Allocation Drops
The Federation Account Allocation Committee (FAAC) distributed N1.928 trillion for November 2025, a significant drop from October. See the full breakdown for FG, states, and LGs.
FAAC Revenue Falls by N428bn, N1.93trn Shared
FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.
Senate Pushes for Structured Social Welfare to Reduce Poverty
The Nigerian Senate has advanced a bill to create a National Social Welfare Service, aiming to coordinate poverty alleviation programmes. The data-driven agency would manage cash transfers, food aid, and stipends. Read more on this crucial legislative ste
Govt Cuts Corporate Tax, Offers N3.4trn Relief to Businesses
The Federal Government has announced major fiscal reforms, cutting corporate income tax to 25% and offering N3.4 trillion in VAT relief to stimulate investment and support the private sector. Read more.
Aviation Experts Warn of Job Losses from 2026 Tax Reforms
Nigerian aviation experts warn new tax reforms from January 2026 could slash sector GDP by 20% and cut 30% of jobs. Learn the risks and calls for government intervention.
Expert Calls for Tobacco Harm Reduction Strategy in Nigeria
Health expert Dr. Yusuff Adebayo advocates for a science-based Tobacco Harm Reduction (THR) approach in Nigeria to reduce smoking-related diseases. Learn about the evidence and policy recommendations.
Tesla Sets New Sales Record in Norway
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Egbe-Idimu Council Boss Empowers Skills Graduates
Egbe-Idimu LCDA Chairman Idris Balogun empowers 500 skills acquisition graduates with tools and N100,000 cash each, marking 100 days of 'Renewed Hope Agenda'.
FG Distributes 4,000 Electric Tricycles to Youths
President Tinubu unveils 4,000 electric tricycles & motorcycles to slash transport costs by 40%, boost youth employment, and reduce carbon emissions in Nigeria. Read more.
98% of Nigerian Workers Exempt from Income Tax by 2026
Tax reforms chairman Taiwo Oyedele reveals 98% of Nigerian workers will be exempt from personal income tax starting January 2026. Small businesses also get VAT relief. Learn how this affects you!
98% of Nigerian Workers Exempt from Income Tax
Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.
VAT hits N2.06 trillion in Q2 2025, 7th consecutive rise
Nigeria's VAT collections surge to N2.06 trillion in Q2 2025, recording seventh consecutive quarterly growth since economic reforms. Manufacturing leads sectoral contributions with 27.19% share.
Doro's New Approach to Nigeria's Humanitarian Crises
Dr. Bernard Doro's revolutionary strategy shifts Nigeria's humanitarian response from charity to systemic prevention. Can his technocratic reforms outpace the nation's crises?
VAT collections hit N2.06tr in Q2, 7th consecutive rise
Nigeria's VAT revenue surges to N2.06 trillion in Q2 2025, marking a 32.15% year-on-year increase and the seventh consecutive quarterly rise since economic reforms began.
Ogun Govt Commits to Fixing Ota Roads After Protest
Ogun State Government has reaffirmed commitment to rehabilitating major roads in Ota following NBA protest. Government warns against political blackmailers while revealing HIV/AIDS progress.
FG Clarifies Tax Law Misconceptions for 2026
Federal Government clarifies misconceptions about new 2026 tax reforms. Most Nigerians will pay less or no tax. VAT removed from food, education, healthcare.
AI Tool to Reduce Nigeria's Case Backlog by 40%
LawPavilion's new AI system promises to transform Nigeria's justice system, potentially clearing over 600,000 backlogged cases within three years through advanced legal technology.
Eruku CAC Holds First Service After Bandit Attack
Christ Apostolic Church in Eruku resumes services after deadly bandit attack that killed 3, kidnapped 38. Heavy security deployment follows presidential directive.
LAPO Donates Lab Equipment, Books to Schools
LAPO empowers Nigerian students through educational support, scholarships, and science competitions to combat poverty and improve learning standards nationwide.
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