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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Experts advocate reforms to strengthen electricity value chain

Nigeria’s electricity sector remains one of the richly endowed with energy resources, yet struggling to keep the lights on...
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Addressing impacts of the Middle East conflict on Africa

The global economic environment has become increasingly volatile with rising frequency of major shocks worldwide. Amid spikes in energy,...

Human bile emerges as a hidden reservoir for microplastics

Plastic pollution has become one of the defining environmental issues of modern life, and microplastics are now known to...

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Experts advocate reforms to strengthen electricity value chain

Nigeria’s electricity sector remains one of the richly endowed...

Addressing impacts of the Middle East conflict on Africa

The global economic environment has become increasingly volatile with...