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5% fuel surcharge: A golden opportunity to wean Nigeria off oil addiction, By Daniel Oladoja

Nigeria, Sept. 11 -- Nigeria, Africa's largest oil producer, has announced a 5 per cent tax on all fossil fuel sales as part of its new tax law that goes into effect in January 2026. According to this... Read More


NUPRC secures over $400 million for decommissioning liabilities - Official

Nigeria, Sept. 11 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has taken significant steps to safeguard the country's oil and gas sector by securing over $400 million in pr... Read More


NNPC Retail reports N395.5 billion loss in 2024

Nigeria, Sept. 11 -- In its first full-year result since its controversial acquisition deal, NNPC Retail Limited incurred a loss of N395.5 billion, according to its financial statement seen by PREMIUM... Read More


NHRC establishes PWD rights, laws implementation group

Nigeria, Sept. 11 -- The National Human Rights Commission (NHRC) on Wednesday inaugurated the Disability Inclusion Technical Working Group (DITWG) to support the enforcement of the rights of Persons L... Read More


Road contracts below N20billion to be awarded to local firms - Minister

Nigeria, Sept. 11 -- The Nigerian government has directed that Nigerian National Petroleum Company Ltd (NNPC) Tax Credit road contracts below N20 billion be awarded to local contractors. The Minister... Read More


Ex-NNPC official convicted in US over $2.1 million bribery scandal

Nigeria, Sept. 10 -- A United States judge has found Paulinus Okoronkwo, a Nigerian lawyer based in Los Angeles, guilty of receiving a $2.1 million bribe from a Chinese oil company to secure drilling ... Read More


Ex-NNPC official convicted in US over $2.1 bribery scandal

Nigeria, Sept. 10 -- A United States judge has found Paulinus Okoronkwo, a Nigerian lawyer based in Los Angeles, guilty of receiving a $2.1 million bribe from a Chinese oil company to secure drilling ... Read More


Gunmen kill three police officers, steal rifles in Kogi-Kwara boundary ambush - Police

Nigeria, Sept. 10 -- Gunmen have killed three police officers after ambushing a security checkpoint in Kogi State. The incident occurred on Wednesday morning in Egbe, a town in Yagba West Local Gover... Read More


Nigerian govt set to arraign two captured Ansaru commanders on terrorism charges

Nigeria, Sept. 10 -- The federal government will on Thursday arraign two top leaders of Ansaru, an Al-Qaeda-affiliated terrorist group, at the Federal High Court in Abuja. The globally wanted defenda... Read More


Soludo orders prosecution of task force officials who shot at traders

Nigeria, Sept. 10 -- Governor Charles Soludo of Anambra State has ordered the arrest and prosecution of officials of a task force known as Operation Clean and Healthy Anambra Brigade (OCHA) who opened... Read More