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SAHARA POWER TARGETS 7,000MW CAPACITY AS SECTOR REFORMS BOOST INVESTMENT

Sahara Power Group has announced plans to increase electricity generation to between 6,500 and 7,000 megawatts over the next three to five years, following Federal Government reforms and initiatives to address legacy debts in Nigeria’s power sector. Group Managing Director Kola Adesina said the company intends to invest heavily in both gas and renewable energy […]

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DANGOTE REFINERY DENIES SHUTDOWN, CONFIRMS 50 MILLION LITRES DAILY OUTPUT

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Lagos, Nigeria – Dangote Petroleum Refinery has rejected reports suggesting a shutdown for maintenance, describing such claims as false and misleading. The company confirmed that production remains stable and uninterrupted, with the capacity to supply 40–50 million litres of Premium Motor Spirit (PMS) daily. In a statement on Monday, the refinery said it produced 50

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Nigeria’s Tax Reset in 2026: How the New System Affects Workers, Businesses, and Everyday Life

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By Takon Elijah Temitope, Adejumobi Adeolu Richard Nigeria’s 2026 tax reform is one of the most consequential policy shifts in recent years—quiet in announcement, but far-reaching in impact. Rather than introducing new taxes or raising rates, the reform focuses on something more fundamental: fixing how taxation works. For decades, Nigeria’s tax system has been weighed

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