Customs Intensifies Awareness Campaign Ahead of Green Tax Rollout
LAGOS, Nigeria – The Nigeria Customs Service has intensified nationwide sensitisation efforts ahead of the implementation of the Green Tax Surcharge scheduled to take…
Business and Economy
Ship Attack Slows Strait of Hormuz Traffic
DUBAI – Shipping traffic through the Strait of Hormuz slowed sharply over the weekend after a vessel was struck while transiting the strategic waterway,…
Nigeria Gears Up for Global Transparency Test
ABUJA, Nigeria – Nigeria says it is fully prepared for the upcoming global Extractive Industries Transparency Initiative (EITI) Validation exercise scheduled to begin on…
BAT Axes 9,000 Jobs in Global Shake-Up
LONDON – British American Tobacco (BAT) announced plans on Monday to eliminate 5,500 jobs and outsource another 3,500 positions globally as the tobacco giant…
FG Bars Motorcycles from Coastal Highway
LAGOS, Nigeria – The Federal Ministry of Works has banned commercial motorcycles and tricycles from the Lagos-Calabar Coastal Highway as authorities move to protect…
Tomato Prices Set to Ease as New Harvest Boosts Supply
KADUNA, Nigeria – Nigerians could begin to experience relief from soaring tomato prices from August as fresh wet-season harvests enter markets across the country,…
Planned TCN Maintenance to Trigger Blackout in Kano, Katsina, Others
KANO, Nigeria – Residents and businesses in Kano, Katsina, Jigawa, Bauchi and Yobe states will experience temporary power outages on Sunday as the Transmission…
FRSC Announces Lagos-Ibadan Traffic Diversion
LAGOS, Nigeria – Motorists travelling towards Ibadan on the Lagos-Ibadan Expressway will face temporary traffic diversions from Thursday as authorities begin the installation of…
Nigeria Joins Push Against EU Methane Rules
ABUJA, Nigeria – Major energy exporters including Nigeria, the United States and Qatar are urging the European Union to rewrite its planned methane rules,…
Global Energy Inequality Deepens as 655m People Remain Without Electricity – UN
ABUJA, Nigeria – Despite significant progress in renewable energy and electricity generation worldwide, an estimated 655 million people still live without access to electricity,…