By Godwin Anyebe The recent announcement that the Dangote Refinery has gained approval to sell petrol directly to marketers marks a significant shift in Nigeria’s oil and gas landscape. As the largest refinery in Africa, the Dangote Refinery has been hailed as a potential game-changer for a nation that has[Read More…]
Author: Godwin Anyebe
Taxing Times: Navigating Nigeria’s New Fiscal Landscape Amid Economic Pressures
By Godwin Anybe Nigeria’s economic environment has undergone significant shifts in recent years, driven by fluctuating global oil prices, inflationary pressures, and a growing demand for government revenue. Amid these challenges, the recent introduction of a new tax policy has sparked widespread debate among businesses, economists, and policymakers. The government’s[Read More…]
Government’s New Tax Policy Sparks Debate: Businesses Brace for Impact
By Godwin Anyebe As the Nigerian government unveils its latest tax reforms aimed at bolstering revenue generation, businesses across the country are grappling with the potential implications. The new policy, designed to increase the government’s income to address infrastructure deficits and expand social services, has sparked heated discussions within the[Read More…]
The Advertising Industry Is Set to Host Its 4th National Advertising Conference
The advertising industry is poised to gather leading professionals and stakeholders for the 4th National Advertising Conference, scheduled to take place from November 23, 2024, in Abuja at the Abuja Continental Hotel. This highly anticipated event, organized by the Advertising Practitioners in Nigeria, aims to bring together the best minds[Read More…]
3rd Nigerian Marketing Awards Scheduled for 23rd November 2024
The highly anticipated 3rd edition of the Nigerian Marketing Awards is set to take place on Saturday, 23rd November 2024, at The Jewel Aeida, Lekki, Lagos. Following the immense success of the inaugural and second editions in 2022 and 2023, this year’s event promises to be even more spectacular, celebrating[Read More…]
Tinubu: Look Back Before You Increase VAT to 10%
By Godwin Anyebe As Nigeria faces growing economic challenges, the proposal to increase the Value Added Tax (VAT) to 10% under President Bola Tinubu’s administration is drawing significant attention. While the move is aimed at generating additional revenue to stabilize the economy, it is crucial to pause and reflect on[Read More…]
Navigating the Complex Landscape of Marketing in Nigeria: Strategies for Success
By Godwin Anyebe Marketing in Nigeria is a unique and multifaceted challenge. With a population of over 200 million people, the country offers immense opportunities for businesses to grow and thrive. However, tapping into this market requires a deep understanding of its cultural, economic, and technological dynamics. Nigeria’s diverse consumer[Read More…]
Rising Fuel Costs: A Tipping Point for Nigerian Businesses
By Godwin Anyebe Nigeria is once again facing a significant economic challenge, as rising fuel costs threaten the stability of businesses across the country. The recent surge in fuel prices, following the removal of subsidies by the Nigerian National Petroleum Corporation (NNPC), has sent shockwaves through the economy, amplifying operational[Read More…]
NNPC Fuel Price Surge: Businesses Brace for Impact Amid Rising Operational Costs
By Godwin Anyebe The recent fuel price hike by the Nigerian National Petroleum Corporation (NNPC) has sent ripples through the economy, leaving businesses scrambling to adjust to the sharp increase in operational costs. As fuel prices soar to unprecedented levels, companies across various sectors are grappling with the immediate effects[Read More…]
Between NNPCL Petrol Price Hike and Tunji Bello’s Ultimatum for Traders to Crash Prices
The recent petrol price hike by the Nigerian National Petroleum Company Limited (NNPCL) and the contrasting ultimatum issued by Lagos State’s Commissioner for Environment and Water Resources, Tunji Bello, for traders to crash prices highlight the complexity of Nigeria’s economic landscape. While both actions reflect attempts to manage rising costs[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]