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Business and Economy
Stamp Duty: Court Orders CBN to Pay Firm N579 Billion
Justice Inyang Ekwo of the Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to pay Kasmal International Services Ltd....
JUST IN: FG Approves Direct Fuel Lifting from Dangote Refinery for Marketers
The Federal Government has granted petroleum marketers permission to lift petrol directly from the Dangote refinery, bypassing the Nigerian National Petroleum Company Limited (NNPCL)....
Naira Gains Against Dollar but Declines Against Euro and Pound
By Milcah TanimuThe Nigerian currency, the naira, has appreciated against the US dollar in the official foreign exchange market. Recent data shows that the...
New Bill Requires Tax ID for Opening Bank Accounts in Nigeria
A new bill has been proposed in Nigeria that mandates individuals involved in banking, insurance, stockbroking, and other financial services to provide a Tax...
Net Forex Inflow Rises to $27.6bn in H1 2024, Says CBN
By Abigail Philip DavidNigeria's net foreign exchange inflow surged by 67.8% to $27.6 billion in the first half of 2024, up from $16.44...
Labour Condemns New Petrol Price Hike as Fuel Queues Return
By Abigail Philip DavidOrganized labour has expressed dissatisfaction with the latest increase in petrol prices, which now surpasses N1,000 per litre. Nigeria Labour...
NACCIMA Raises Concerns Over Petrol Price Hike, Warns of Inflation Impact
By Milcah TanimuThe Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has expressed serious concerns over the recent increase in petrol...
NNPC Owes Us Nearly N15bn, IPMAN Laments
By Abigail Philip DavidAbubakar Garima, the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has revealed that the Nigerian National...
JUST IN: NNPCL Stations Raise Petrol Price to N1,030 in FCT
By Abigail Philip DavidTransportation costs in the Federal Capital Territory (FCT) are set to surge as some Nigerian National Petroleum Company Limited (NNPCL)...
Tackling Hunger: Key to Nigeria’s Economic Development and Stability
By Milcah Tanimu The Nigerian Economic Summit Group (NESG) has stated that addressing hunger is crucial for Nigeria's economic development and stability. Ms. Ayanyinka Ayanlowo,...
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