BUSINESS

NNPCL cuts petrol price to ₦815 per litre in Abuja

Daily Dispatch January 5, 2026

The Nigerian National Petroleum Company Limited (NNPCL) has once again reviewed the pump price of petrol downward at its retail outlets. Findings on Monday showed that NNPCL stations in Abuja are now dispensing Premium Motor Spirit (PMS) at ₦815 per litre, representing a ₦20 reduction from the

BUSINESS

House releases certified copies of four Tax Reform Acts amid transparency concerns

Daily Dispatch January 4, 2026

The House of Representatives has released the certified copies of four landmark tax reform Acts recently signed into law by President Bola Ahmed Tinubu, following public concerns over the circulation of conflicting and unauthorised versions of the legislations. The move, directed by Speaker of the House, Rt. Hon. Abbas Tajudeen, in collaboration with Senate President […]

BUSINESS

Nigerian Tax Acts 2025: Benefits Beyond The Rhetorics – Joseph Tegbe

Daily Dispatch January 4, 2026

Nigeria’s ongoing tax reforms have been widely mischaracterised as revenue tricks, mostly through epistemic closure and motivated reasoning, solely focusing on revenue figures, tax rates, and who pays what. These debates often miss the larger and far more consequential point of the reforms which are primarily about fixing a broken fiscal architecture, and laying the […]

BUSINESS

Tinubunomics and the arithmetic of illusion

Daily Dispatch January 4, 2026

By Tanimu Yakubu A striking feature of Nigeria’s current economic debate is the enthusiasm with which huge numbers are circulated—and the casualness with which they are assembled. Tax collections are added to oil receipts; oil receipts are added again under customs or “subsidy savings”; borrowing is treated as income; and the resulting total is presented

BUSINESS

FG targets exportable product in all 774 LGAs by 2026 to boost non-oil trade

Daily Dispatch January 3, 2026

The Federal Government is considering a bold new initiative aimed at identifying at least one exportable product in each of Nigeria’s 774 local government areas by 2026, in a move to accelerate non-oil exports and strengthen the country’s competitiveness under the African Continental Free Trade Area (AfCFTA). Under the proposed scheme, every local government would […]

BUSINESS

Private Depot owners hike ex-Depot petrol price to ₦800/Litre

Daily Dispatch January 3, 2026

…as Dangote Refinery Shuts Petrol Unit for Planned Maintenance and upgrades Nigeria’s downstream petroleum market has witnessed a sharp price reversal, with private depot owners lifting the ex-depot price of Premium Motor Spirit (PMS, commonly known as petrol) to ₦800 per litre across major locations. This development follows confirmation that the Dangote Petroleum