Central Bank of Nigeria (CBN)'s governor Olayemi Cardoso said yesterday that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11. Cardoso said inflation...
Read moreDetailsChief economist and vice president at the World Bank Indermit Gill, said that the federal government should sustain ongoing reforms despite the economic challenges posed to Nigerians. Gill also commended...
Read moreDetailsA proposed bill to increase Value-Added Tax (VAT) from 7.5 per cent to 10 per cent has been put before the National Assembly for consideration. In the executive bill reported...
Read moreDetailsOn Sunday, 13 October, the Nigerian Electricity Regulatory Commission (NERC) disclosed in an analysis report for the second quarter of 2024 that international bilateral electricity customers in Benin Republic and...
Read moreDetailsThe Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri has lauded the progress of work on the Floating Production Storage and Offloading (FPSO) facility in Lagos, a joint...
Read moreDetailsPresident of the Nigeria Labour Congress, NLC, Comrade Joe Ajaero, on Friday, explained that during the meeting on the new Minimum wage with President Bola Tinubu at the Presidential Villa,...
Read moreDetailsThe Nigerian National Petroleum Company Limited (NNPCL) has hiked its pump price of Premium Motor Spirit (PMS) in Abuja by 14.8 per cent to N1,030 per litre from N897. The...
Read moreDetailsThe Federal Capital Territory Administration (FCTA) has disclosed that several unapproved taxi ranks and bus parks in the metropolis will be removed next year when its modern bus terminals, currently...
Read moreDetailsSenator Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), said he did not direct Nigerian National Petroleum Company Limited (NNPCL) to halt its refineries' operations focusing solely on equity participation...
Read moreDetailsThe Nigerian Communications Commission (NCC) has commenced regulatory pre-enforcement over Starlink's upward review of its subscription packages without its approval. The statement issued by the commission's director of public affairs,...
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