Reverse outrageous tariff hike – Electricity workers tell Tinubu
Senior Staff Association of Electricity and Allied Companies has asked President Bola Ahmed Tinubu’s government to reverse the 245 per cent electricity hike by...
Inflation dropping, economy heading in right direction – Finance minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is experiencing an appreciable growth that may...
Petrol hits N800 as 240 million-litre vessels arrive
In an effort to combat the growing nationwide petrol shortage, the Nigerian National Petroleum Company Limited started dumping 240 million litres of Premium Motor...
NNPC To Deliver Gas Revolution With OB3 Pipeline Project
In an effort towards boosting nationwide gas supply and drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set...
NNPC denies inflating petrol subsidy claims by N3.3tn
The Nigerian National Petroleum Company Limited, on Monday, denied reports that it inflated the subsidy on Premium Motor Spirit, popularly called petrol, by N3.3tn...
Tax Reform Panel Recommends N800/$ Rate For Customs Duties
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended that the federal government adopt an exchange rate of N800 per one US...
Nigeria’s inflation rate drops 14% by 2029, IMF predicts
Nigeria’s inflation rate is predicted to stabilize at 14 per cent in 2029, indicating a potential end to the current upward trend according to...
Naira tumbles at official market, trades N1,234/1$
For the second consecutive time, Naira on Monday slightly depreciated at the official market, representing a 5.51 per cent loss when compared to the...
Cement price to hit N9,000, say manufacturers
The Cement Producers Association of Nigeria has warned that the ongoing plan of the federal government to introduce concrete roads will raise the price...
Bank Directors Support CBN’s Selling of Surplus Currency.
Bank Directors Association of Nigeria says it is supportive of a directive by the Central Bank of Nigeria asking commercial banks to stop “hoarding’’...
