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Sunday, January 25, 2026

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Business

Dubai scraps 30% tax on alcohol sales amid economic rebound

Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism...

Global Economy: 2023 will be tougher than 2022 – IMF Chief warns

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that global economy would be tougher in 2023 than what it was in 2022. Georgieva...

NECA, NUBIFIE, others reject N15,000 motor insurance hike

The Nigeria Employers Consultative Association, NECA, has kicked against the recent hike in Third Party Motor insurance by the National Insurance Commission, NAICOM. NAICOM had...

Ajaokuta Steel coy to generate $1.6bn annually – Buhari

President Muhammadu Buhari says the Ajaokuta Steel Complex will generate 1.6 billion dollars annually and provide 500,000 estimated jobs for Nigerian youths. Malam Garba Shehu,...

AMAC Chairman promises judicious use of revenue

Mr Christopher Maikalangu, Abuja Municipal Area Council (AMAC) Chairman, has promised to make judicious use of every revenue collected by providing infrastructure in the...

6 new NAN zonal offices take off Jan. 1

The 12-zone operational structure of the News Agency of Nigeria (NAN) is set to take off with the management’s unveiling of new Zonal Managers. NAN...

Reps want NPDC to suspend sale of oil mining licence

The House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil mining licence (OML) 11...

Nigeria has potential to earn N600bn as excise duty on beer — World Bank

Nigeria has the potential of earning up to N600 billion by imposing excise duty on beer alone, if the country utilizes her potential on...

FCT residents call for completion of Apo-Karshi Road

Residents of the Federal Capital Territory have called for the completion of the Apo-Karshi road before the expiration of the President Muhammadu Buhari administration. They...

NDLEA arrests 18,940 suspects in 2 yrs

Brig-Gen. Mohammed Buba-Marwa, the Chairman , National Drugs Law Enforcement Agency (NDLEA), during an award presentation in Yola on Tuesday, confirmed that the agency...

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