Expert commends GCEO, Mele Kyari’s Giant Stride on increase in crude oil production
…… says unparallel strategy to curb oil theft, sabotage topnotch A dedicated player in the oil and gas industry, Solomon Oseagah has applauded the efforts of…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
FG’s Open Treasury Portal Inaccessible as Budget Presentation Nears Completion
It is budget presentation season in Nigeria yet the Open Treasury Portal (OTP), a platform designed for Ministries, Departments and Agencies (MDAs) to report daily transactions…
Okonjo-Iweala Urges WTO Nations to Prevent Tariff Disputes
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has urged member nations to avoid escalating tariff conflicts, warning of potential “catastrophic” consequences for the…
Days after death of over 90 in Niger, Youth Scoop Fuel From Faulty Petrol Tanker
Some youths in Jalingo, the capital city of Taraba State have resorted to scooping fuel from a faulty tanker despite the possible calamity such action poses.…
CBN Approves Release of Foreign Exchange Code
The Central Bank of Nigeria (CBN) has announced the approval and upcoming launch of the Nigerian Foreign Exchange (FX) Code. In a statement released by the…
FG approves 50% Tarrif increase request by network operators
The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and…
Court Sets January 30 for Hearing in Dangote’s N100bn Case Against Oil Marketers
The Federal High Court in Abuja has fixed January 30 for the hearing of a suit filed by Dangote Petroleum Refinery and Petrochemicals FZE, seeking to…
FG Reveals When Tax Bills Will Be Passed, Implemented
The federal government has announced that the National Assembly will pass the controversial tax reform bills into law by the end of the first quarter (Q1)…
Dangote increases petrol price to N955 per litre
Dangote Petroleum Refinery has announced an adjustment in its pricing structure for Premium Motor Spirit (PMS), also known as petrol. In a notice on Friday titled,…
Delta Man Kills Father Over 5000 Naira
The Delta State Police Command has arrested a 23-year-old man, identified as Success, for allegedly killing his father with a cutlass in Amukpe community, Sapele Local…