Fuel Price Hike Comes Amid Rising Inflation, As Naira Continues To Weaken Against Dollar
The price of Premium Motor Spirit (PMS) popularly known as petrol has risen amid the continued decline of the naira…
CBN Discloses Nigerians Can Receive Diaspora Remittances In Naira
The Central Bank of Nigeria (CBN) has disclosed that the nation’s official currency, the naira can now stand as a…
NNPCL to sell shares soon, says Kyari
The Nigerian National Petroleum Company Limited (NNPC Ltd) has restated plans to issue its Initial Public Offer (IPO) to investors…
Tinubu suspends 5% tax on telecom services, import tax on vehicles, others
President Bola Tinubu has suspended the newly introduced Green Tax by way of Excise Tax on Single-Use Plastics, including plastic…
DMO makes case for improved revenue, less borrowing
The Debt Management Office (DMO) has commended President Bola Tinubu for his economic focus on improved expenditure as a way…
Tinubu Woos Afreximbank, Investors In Paris, says Nigeria Ready For Business
President Bola Tinubu says Nigeria is ready for business, urging foreign investors to take advantage of the opportunities and ongoing…
FX: Naira weakens at I&E window
Naira weakened significantly against the United States dollar on the Investors and Exporters (I&E) window on Wednesday, data posted on…
Six Companies Receive Approval To Import Petroleum Products
The Federal Government, on Monday, said six new companies have received approval to import petroleum products into Nigeria. The Managing…
CBN Removes Cash Deposit Restriction On Domiciliary Accounts, Permits Up To $10,000 Withdrawals Daily
The Central Bank of Nigeria (CBN) has declared the removal of cash deposit limitations on domiciliary accounts, saying account holders…
Naira depreciates as CBN commences rates harmonisation, faces supply hurdle
The Central Bank of Nigeria (CBN) may have embraced the painful, but realistic path to foreign exchange rate convergence, adopting…
Nigeria’s oil export storage capacity increases by 4m barrels
The Federal Government, yesterday, offered its first terminal establishment licences under the Petroleum Industry Act (PIA) to Nigeria National Petroleum…
Gov Sule says Buhari spent over $19bn used for Dangote refinery in failed attempts to revive Nigeria’s refineries
Governor Abdullahi Sule of Nassarawa State says the government of ex-President Muhammadu Buhari spent more than the $19 billion used…
Recent News
Fubara-Wike Feud: Gov says ‘My enemies now sleep with their eyes open’
The Rivers State Governor, Sir Siminalayi Fubara, has stated that his administration has defeated those who came all out to…
Gov. Mbah: Reviewing One Year of Effective Governance – By Anayo Edeh
On May 29th, it will be exactly one year since Dr. Peter Mbah was sworn in as Enugu State Governor….
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