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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Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global oil prices linked to the ongoing Gulf conflict, with analysts...
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Navy dismantles illegal refinery in Rivers, recovers 20,000 litres of stolen crude

The Nigerian Navy has deactivated an illegal refining in Bonny Local Government Area of Rivers State and recovered more...

NCF seeks partnership with students to advance environmental conservation

The Director-General of the Nigerian Conservation Foundation (NCF), Dr Joseph Onoja, has called on Nigerian students to partner with...

Must read

Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global...

Navy dismantles illegal refinery in Rivers, recovers 20,000 litres of stolen crude

The Nigerian Navy has deactivated an illegal refining in...