Petrol Price Hike Looms as Depot Owners Raise Price to N950/Litre
The price of petrol is set to increase as depot owners have raised the price to N950/litre, representing a 4.74%
NBS to Include Prostitution, Other Illegal Activities in GDP Calculation
The National Bureau of Statistics (NBS) has announced that it will include illegal and hidden activities in the calculation of
FBN Holdings Reiterates Commitment to Corporate Governance Amid EGM Call
FBN Holdings Plc has reiterated its commitment to good corporate governance, despite receiving a call for an Extraordinary General Meeting
CBN Suspends Extension of Export Proceeds on Behalf of Exporters
The Central Bank of Nigeria (CBN) has suspended the extension of export proceeds by banks on behalf of exporters. This
FG Partners China to Boost Military Equipment Production
The Federal Government has announced plans to collaborate with China in domesticating the production of military equipment in Nigeria. This
AfCFTA: Nigeria’s Preparedness Questioned
The National Association of Government Approved Freight Forwarders (NAGAFF) has expressed concerns about Nigeria’s readiness to participate effectively in the
VAT Reform to Reduce Manufacturing Cost by 3.3% – Oyedele
According to Taiwo Oyedele, the proposed VAT reform will actually reduce the cost of manufacturing, not increase it. Oyedele clarified
Petrol Price Drop Attributed to Competition Between Dangote and NNPC Refineries
The recent drop in petrol prices has been attributed to the fierce competition between Dangote Refinery and NNPC Limited, Nigeria’s
Jaiz Bank Secures N10.04bn via Private Placement
Jaiz Bank has announced the successful listing of N10.04 billion proceeds from its private placement on the Nigerian Exchange Group
PH Refinery Restart Pivotal in Nigeria’s Energy Self-Sufficiency Drive – NNPC
The Nigerian National Petroleum Company Limited (NNPC) has emphasized the significance of the re-streaming of the 60,000 barrels per day
Nigeria’s Money Supply Hits Record High of N107.7trn
Nigeria’s money supply has reached a record high of N107.7 trillion, representing a 48.3% year-on-year increase. This significant growth is
Naira Appreciates to N1,662/$ in Parallel Market
The Naira has shown a mixed performance in the foreign exchange market, appreciating in the parallel market while depreciating in
Dangote Refinery, PETROAN Negotiate Price, Volume for Petroleum Products
The Dangote Petroleum Refinery and the Petroleum Products Retail Outlets Owners Association (PETROAN) are engaged in negotiations to finalize the
Transporters Warn Nigerians to Expect Skyrocketing Food Prices in December
The Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) has warned Nigerians to expect a significant increase in
2024: Most Challenging Year for Nigerian Workers, Says NLC
The Nigeria Labour Congress (NLC) has described 2024 as the most challenging year for workers in Nigeria. NLC President Joe
The New Tax Reform Bills: Understanding VAT Changes and Advisory Insights
After reviewing the new tax reform bills, I find that the committee has done commendable work, though I seek further
