Plu Team

FIRS imposes tax on short-term investments amid concerns over Nigeria’s expanding tax net

Nigeria’s Federal Inland Revenue Service (FIRS) has introduced a...

OpenAI, owner of ChatGPT, shifts to for-profit model

After more than a year of legal wrangling, regulatory...

Dangote says petrol still too cheap in Nigeria, raising price hike fears

Africa’s richest man, Aliko Dangote, says petrol remains too...

Oil prices jump after U.S. imposes new sanctions on Russia

Oil prices surged on Thursday after U.S. President Donald...

Presco Plc approves second interim dividend as profit doubles

Presco Plc, Nigeria’s leading integrated edible oil producer, reported...

Africa’s private capital hits $5 billion, fuelled by M&A rise

Africa’s private capital market staged a sharp rebound in...

79% of informal Nigerian businesses are bleeding margins, says report

Nigeria's vast informal economy, often lauded for its resilience,...

Nigeria’s “Jollof Index” falls for the first time in seven years

Jollof Index, a measure of how much it costs...

Dozens killed in Niger State tanker blast as fuel scavenging turns deadly again

A fuel tanker explosion in Niger State has killed...

INEC defends ₦1.5bn fee for FOI request, Nigerians call it extortionate

Nigeria’s electoral umpire, the Independent National Electoral Commission (INEC),...