By Milcah Tanimu
- World Economic Forum (WEF) 2025
The WEF Annual Meeting, themed “Collaboration for the Intelligent Age,” takes place in Davos, Switzerland, from January 20–24. Global leaders will discuss priorities and solutions for the year ahead. - CBN Fines Banks for ATM Cash Shortages
The Central Bank of Nigeria (CBN) imposed N1.35 billion in fines on nine banks, including Fidelity Bank, UBA, and Zenith Bank, for noncompliance with cash distribution during the festive season. - Tax Bills Passage Timeline
According to Taiwo Oyedele, chairman of the tax policy reforms committee, tax bills will be passed in Q1 2025, with implementation starting in July. - Telecom Tariff Hike
Communications Minister Bosun Tijani confirmed that any telecom tariff increase will range from 30% to 60%, ensuring affordability while balancing sector growth. - Governors Back Tax Reform Bills
The Nigeria Governors’ Forum supports the proposed tax reform bills but opposes a VAT increase. They seek equitable revenue-sharing formulas. - Dangote Refinery Raises Petrol Price
Dangote Refinery increased the ex-depot petrol price to N955 per litre due to rising global crude oil prices. Marketers purchasing over 5 million litres will pay N950 per litre. - Nigeria Joins BRICS Partnership
Nigeria has officially accepted an invitation to partner with BRICS, aligning with its goals for inclusive growth and global collaboration.
Stay tuned for updates on these impactful stories shaping Nigeria’s business landscape.
