Nigeria Digest: Key Stories from July 27, 2025

The Finance Minister has the authority to set the start date for a 5% surcharge on all petroleum products under the Nigeria Tax Act (NTA).

Dangote Cement reported a strong first-half performance in 2025, with a Profit After Tax of N520 billion and a 17.7% revenue growth, driven by cost optimization, robust distribution channels, and expansion initiatives.

The Nigerian Exchange Limited (NGX) closed the week with a 2.18% gain in the All-Share Index, led by the Industrial Goods Sector, fueled by investor confidence in blue-chip stocks.

British American Tobacco Nigeria (BAT Nigeria) called for comprehensive export reforms to enhance the country's manufacturing competitiveness and stimulate its export sector.