Tag:Tax

G7 urged to tax fossil fuel windfall profits amid surging oil prices

G7 countries were on Tuesday, March 10, 2026, urged to enact a windfall tax or tax on the excess profits of oil and gas...

NNPC declares ₦5.4tr profit after tax

NNPC Limited has announced its financial performance for the full year ended 2024, reporting a Profit After Tax of ₦5.4 trillion on revenue of ₦45.1 trillion....

Spain, Brazil push global action to tax the super-rich, curb inequality

Spain and Brazil on July 1, 2025, launched a joint initiative to promote higher tax contributions from the super-rich worldwide, aimed at tackling soaring...

Setting the records straight on sugar-sweetened beverages tax

There’s been a lot of media reports in recent times about the Sugar-Sweetened Beverages tax (SSB Tax) which was introduced in the 2021 Financial...

Bill seeks to establish environmental fund, tax polluting companies

A bill aiming to establish an Act to create the Environmental Fund and to tax companies engaged in exploitation, pollution or utilisation of environmental...

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Abuja technology forum to convene youth, CSOs, media

PROMAD, a civic innovation organisation, says it will convene a one-day Hybrid Youth, CSO & Media Roundtable on Youth,...
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Nigeria unveils plan to lift 50m out of poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, has inaugurated the “One Humanitarian-One Poverty Response System...

Ikeja Electric cites generation drop for Lagos outages

Ikeja Electric (IE) says residents and businesses across Lagos are experiencing reduced electricity supply following a nationwide drop in...

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Abuja technology forum to convene youth, CSOs, media

PROMAD, a civic innovation organisation, says it will convene...

Nigeria unveils plan to lift 50m out of poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr...