Economy
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NNPCL Confirms Fuel Scarcity In Lagos, FCT, Promises Restoration Of ‘Normalcy
’ The Nigerian National Petroleum Company Limited (NNPCL) has confirmed fuel supply and distribution challenges in some parts of Lagos…
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Tinubu appeals to Youths to shelve nationwide protest
President Bola Tinubu has appealed to youths in the country to shelve the planned nationwide protest. The president said he…
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Dangote Refinery: House of Reps request the suspension of CEO of NMDRA
The House of Representatives has requested for the Chief Executive of the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA) to…
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National Assembly approves proposed amendment to the Finance Act
The National Assembly approved a proposed amendment to the Finance Act on Tuesday, which aims to introduce a 70% tax…
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I and my colleagues don’t own blending plant in Malta, NNPCL CEO replies Dangote
Mele Kyari, the group chief executive officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, says he does not…
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Windfall tax on banks’ FX gains recovery plan for Nigeria’s economy – FG
The federal government says the proposed 50 percent windfall tax on banks’ foreign exchange gain in 2023 would be a…
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Dangote accuses NNPC personnel , Oil traders of running an oil blending plant in Malta
Aliko Dangote, chairman of Dangote Industries Limited, has alleged some personnel of Nigerian National Petroleum Company (NNPC) Limited, oil traders…
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We are not enjoying monopoly, Dangote dismisses claims
Africa’s richest man, Aliko Dangote has dismissed the claims that his group of companies enjoy monopoly, insisting it is not…
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External reserves now stands at $36.89b – CBN
The Governor of the Central Bank pf Nigeria, Olayemi Cardoso has announced that external reserves currently stand at $36.89 billion.…
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Transfer funds in Dormant accounts above 10 years to Treasury bills ,CBN orders Banks
Central Bank of Nigeria (CBN) has ordered Deposit Money Banks to transfer funds from Dormant Accounts, unclaimed balances above 10…
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