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Recent Blogs
Jul
15
Dangote Refinery Switches Petrol to Dollar Pricing at $0.779 Per Litre
Dangote Petroleum Refinery has ended naira-based pricing for Premium Motor Spirit (petrol), fixing its gantry ex-depot price at $0.779 per litre under a new dollar-denominated framework for refined products effective July 13, 2026. At the official exchange rate of N1,380.50 to the dollar, the new reference price translates to roughly N1,075.61 per litre — but […]
Jul
15
Edo to Host World Bank-Assisted Environmental Lab; Commits N800m to Erosion Control
The Federal Ministry of Environment, with World Bank support, will establish an environmental laboratory in Benin City to serve Edo, Delta, Bayelsa and Ondo states — one of three such laboratories planned nationwide, with the others sited in Gombe and Enugu. Edo State’s Commissioner for Environment and Sustainability, Nosa Adams, disclosed the plans at the […]
Jul
15
Nigeria and Hong Kong Sign Treaty to Eliminate Double Taxation
Nigeria and Hong Kong have signed a treaty eliminating double taxation between the two jurisdictions — removing one of the most persistent structural deterrents to cross-border trade and investment. Double taxation agreements prevent companies and individuals from being taxed twice on the same income — once where it is earned and again where the earner […]