High and multiple taxation remains the single biggest challenge confronting businesses across Nigeria, according to a new Central Bank of Nigeria survey, even after the Federal Government consolidated scores of taxes into fewer core statutes. Findings from the CBN’s Business Expectations Survey for July 2026 showed that 70.8 percent of respondents identified high and multiple […] The post Multiple taxation still tops business constraints despite reforms, CBN survey finds appeared first on Tribune Online.

Digital-asset operators in Nigeria have opposed the taxation of cryptocurrency transactions based on the movement of money, rather than actual profits, warning that the approach could drive users and businesses away from the country’s regulated market. The Digital Assets Coalition, an industry alliance representing digital-asset operators and participants, raised the concern in its formal position […] The post Digital-asset operators oppose tax on money movement,demand levy on profits appeared first on Tribune Online.

The Nigerian Independent System Operator (NISO) and Canadian High Commission have identified strategic areas for collaboration aimed at advancing Nigeria’s electricity sector through capacity development, technology transfer, renewable energy integration, digital transformation and investment in critical power infrastructure. This was the discussion when the Managing Director/Chief Executive Officer of NISO, Engineer Abdu Mohammed, received the […] The post NISO, Canada collaborate on strategic power sector partnership appeared first on Tribune Online.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved more than $57 billion in Field Development Plans (FDPs), some of which have translated to Final Investment Decisions. The commission said that 22 major offshore projects are expected between 2026 and 2030 with an estimated investment potential of between $30 billion and $50 billion. Its Chief […] The post NUPRC approves $57bn FDPs, targets $50 billion from 22 offshore projects appeared first on Tribune Online.

The African Democratic Congress (ADC) will today (Monday) hold a grand rally in Osogbo as the party rounds off its campaign ahead of Saturday’s governorship election in Osun State. OSUN DEFENDER gathered that the rally takes place at Nelson Mandela Freedom Park, Osogbo, at noon, according to a statement by the party’s National Publicity Secretary, […] The post Aug 15: ADC Holds Grand Rally In Osogbo appeared first on OsunDefender.

President Bola Tinubu has backed an expanded role for the Nigerian capital market in financing Nigeria’s ambition of becoming a $1 trillion economy, as the Nigerian Exchange Group Plc (NGX Group) pushes for deeper listings, increased private-sector participation and greater use of the market to fund infrastructure and industrial development. The president gave the backing […] The post Tinubu, NGX target $1trn economy as market cap hits N160trn appeared first on Tribune Online.

ADC Not In Alliance With Any Party, Group – Aregbesola As the August 15 Osun State governorship election draws closer, the African Democratic Congress (ADC) governorship candidate, Dr. Najeem Folasayo Salaam, is presenting his candidacy as a vehicle for what he describes as real continuity — a governance philosophy built around preserving successful programmes, correcting […] The post Osun 2026: The Salaam Blueprint Of Real Continuity appeared first on OsunDefender.

The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engineer Jennifer Adighije, has called for the optimisation of electricity infrastructure as a pathway to unlocking the country’s socio-economic transformation. According to her, reliable power remains the foundation for industrialisation, investment and sustainable national development. Adighije made the call while […] The post NDPHC urges optimisation of electricity infrastructure appeared first on Tribune Online.

For independent oil and gas players in Nigeria to optimise the value of their assets, boost returns on investments and ensure resilient systems, they must get asset integrity right, fix obsolescence in their operations and consciously work on life extension of their assets, the CEO Seplat Energy, Engineer Effiong Okon, has said. Okon said this […] The post Seplat tasks industry players on asset integrity to boost profitability appeared first on Tribune Online.

LAPO Microfinance Bank has raised N4.46 billion through the Nigerian debt capital market to expand financing for small and medium-sized enterprises, strengthen digital financial services and increase access to renewable energy solutions. The funds were raised through the listing of LAPO MFB SPV Plc’s N4.46 billion Series 1 five-year 20.00 per cent fixed-rate bond on […] The post LAPO MFB secures N4.46bn Bond to drive SME, digital finance expansion appeared first on Tribune Online.

•Expert says NRS trying to prevent payment on fictitious naira gains The Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) have issued comprehensive guidelines on the regulation and taxation of virtual asset peer-to-peer (P2P) marketplaces, ending years of regulatory ambiguity for Nigeria’s cryptocurrency sector. On August 3, the NRS released the Guidelines on […] The post NRS, JRB issue guidelines on virtual asset P2P marketplace appeared first on Tribune Online.