NNPCL Begins Fuel Export from Port Harcourt Refinery to Dubai
The Nigerian National Petroleum Company Limited (NNPCL) has completed its first export sale of low-sulfur straight-run fuel oil (LSSR) from the recently upgraded Port Harcourt Refinery.…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Tragedy As Fire Razes Down Lafia Modern Market
A fire outbreak on Friday morning devastated the Lafia Modern Market in Nasarawa State, destroying properties valued at millions of naira. The inferno, which started around…
Journalists locked out from covering Zamfara gov’s 2025 budget presentation
Security operatives barred journalists from covering the 2025 budget presentation by Governor Dauda Lawal at the Zamfara State House of Assembly in Gusau on Thursday, sparking…
JUST IN: Netflix exits Nigeria
Netflix has decided to abandon the Nigerian market as the country’s economy records further collapse with recent inflation data from the National Bureau of Statistics, Peoples…
Kogi Govt Shuts Down Zango market over Kidnapping, Insecurity
The Kogi State Government has directed the immediate closure of Zango Market in Osara and banned roadside truck parking in the area, citing rising security threats.…
Foreign Tech Giants Pay N2.55 Trillion in Taxes to Nigeria in H1 2024 – NITDA
The National Information Technology Development Agency (NITDA) has announced that foreign digital companies, including X (formerly Twitter), Google, Microsoft, and TikTok, paid N2.55 trillion in taxes…
CBN releases telephone numbers for reporting cash scarcity at ATMs
The Central Bank of Nigeria (CBN) has provided designated contacts for bank customers to report difficulties experienced with withdrawing cash over the counter or at automated…
Over 19,000 Air Passengers luggage lost in six months – FG
About 2,000 air passengers lost 19,274 pieces of luggage between January and June this year, the Federal Government has revealed. Data obtained from the half-year report…
“Tax Reform Bill Will End Financial Recklessness of Politicians” – Bishop Kukah
Bishop Mathew Kukah, founder of the Kukah Centre, has expressed optimism that the tax reform bills introduced by President Bola Tinubu’s administration could address financial mismanagement…
Christmas: Aero reduces airfares to N80,000 for ALL destinations
Aero Contractors, Nigeria’s oldest aviation company, says travellers will pay a minimum of N80,000 for local flights this festive season. Speaking to journalists on Tuesday, Ado…