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The proposed tax change aims to boost disposable income, support the middle class, and stimulate economic growth.

The discussants agreed that alignment between policy, capital discipline, infrastructure investment and genuine community engagement could unlock significant growth across Nigeria’s oil and gas value chain. The post NIES 2026: Nigeria’s Upstream investors discuss challenges, opportunities in operations appeared first on Premium Times Nigeria.

The law exempts workers with an annual gross income of N1.2 million (translating into N800,000 taxable income) or below from paying tax. It automatically excludes national minimum wage earners from the tax net. The post Nigerian workers see salary boost as new tax laws kick in appeared first on Premium Times Nigeria.

Flood risks are increasing due to heavy rainfall, swollen rivers and additional water being released from full dams. The number of people evacuated by the authorities has reached 108,432, according to the Interior Ministry.

At the World Government Summit in Dubai, Botswana’s president urged young Africans to remain on the continent and turn their ideas into economic success, while calling for more transparent and accountable governance to ensure that growth benefits all.

Lafarge Africa stated in a note to the Nigerian Exchange that it has lined up up its Ashakacem and Sagamu plants for an expansion that will increase their yearly capacity to 2 mt and 3.5 mt respectively. The post Lafarge Africa’s planned 5 mt capacity upgrade lifts shares for first time in days appeared first on Premium Times Nigeria.

It claims Orano is storing 400 barrels of radioactive material at a site near Arlit in the north of the country.

“We are not gathered merely to learn and network; we are here to influence the national trajectory through strategic decision-making," an official said. The post ICAN to promote professional excellence as driver of economic reform appeared first on Premium Times Nigeria.

Snoop Dogg delighted crowds in northern Italy on 4 February as he joined the Olympic torch relay in Gallarate, near Milan, jogging, dancing and waving to locals along the route.

The NNPC Boss acknowledged that years of underinvestment have constrained Nigeria’s production potential, making it unrealistic to expect rapid output growth without significant capital inflows. The post How NNPC is rebuilding trust, output, investment confidence— Official appeared first on Premium Times Nigeria.