BY GODWIN OBI Global oil prices declined on Wednesday amid expectations of a supply increase after United States President Donald Trump disclosed plans for Venezuela to deliver up to 50 million barrels of crude oil to the US. According to industry sources, Washington and Venezuela’s interim authorities have reached anContinue Reading
BY GODWIN OBI Nigeria’s 36 states are projected to receive a combined ₦5.07 trillion in Value Added Tax (VAT) revenue in 2026 following the implementation of a new VAT sharing formula under the National Tax Acts. The projection is contained in the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy PaperContinue Reading
DR. MOBEREOLA, DIRECTOR GENERAL OF NIMASA BY GODWIN OBI The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 30-day compliance ultimatum to vessels, shipping companies, and offshore operators operating in Nigerian waters, warning that defaulters will face vessel detention, monetary penalties, and denial of port clearance after FebruaryContinue Reading