Nigerian economy
14 hours ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
3 days ago
In a groundbreaking development for consumers across Nigeria, Dangote Petroleum Refinery has made a historic announcement by further reducing the price of diesel from ₦1,200 to ₦1,000 per litre. This move comes in the wake of the refinery's recent introduction of diesel at a remarkably discounted rate of ₦1,200 per litre just three weeks ago.…
10 Apr
The president of Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), Sir Odeiga Jideonwo, has commended the Dangote Group, led by its President, Aliko Dangote, for adding, “immense value to the Nigerian economy and still going stronger.” Mr. Jideonwo stated this at the 35th Enugu International Trade Fair, held Wednesday, 10th April, 2024 with…
22 Mar
On May 29, 2023, the three toughest jobs in Nigeria were the job of President of Nigeria, the Governor of the Central Bank and the Group Managing Director of the NNPC. That same day, Muhammadu Buhari's presidency concluded, and Bola Tinubu took office. Barely a week after assuming office President Tinubu removed Godwin Emefiele as…
14 Mar
The House of Representatives on Wednesday questioned the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari over the failure to remit an unpaid amount of $278,184,937.72 from the transaction involving OML 24 in 2019.
14 Mar
The deputy spokesperson of the House of Representatives, Hon Phillip Agbese, has stated that Bola Ahmed Tunubu's administration has introduced notable reforms in the country's communication sector. Hon. Agbese, who spoke with select journalists during an interactive session, highlighted that the communication sector in the country has been rejigged for operational efficiency with the reforms…
22 Feb
The frequent hikes of the import duty rate may have triggered a major crisis at the Nigerian ports as an increasing number of Nigerian importers are routing their cargoes to Tema, Ghana; Lome, Togo and Cotonou, the Republic of Benin.
2 Feb
The Nigerian-British Chamber of Commerce (NBCC) has called on the government to urgently speed up its ongoing reforms to boost the economy.
2 Feb
As the naira faces a formidable challenge, plummeting to N1,520.123 against the U.S. dollar in the parallel market, Dominic Joshua, a distinguished entrepreneur, finance expert, and owner of a leading fintech enterprise, steps forward with a comprehensive blueprint to restore economic equilibrium. In the midst of escalating depreciation, Joshua shares his multifaceted insights on fortifying…
25 Jan
The farmer waits for rain in the early months of the year. If it rains properly, not the scattered rain that deceives you to plant early, then the farmer would know it is time to plant the yam seedlings. He prays for rain, and when it comes, he prays for more rain.
24 Jan
The Permanent Representative of the Centre for Convention on Democratic Integrity, (CDDI) to the ECOSOC-United Nations and Chairman of the Civil Society Policy Forum of World Bank/ African Countries Caucus, Olufemi Aduwo, extolled the impressive growth recorded so far by the Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari. According to…
5 Jan
Hon. Ikenga Ugochinyere Ikeagwuonu, a member of the House of Representatives, representing Ideato North South Federal Constituency, has expressed concerns over the raid by operatives of Economic and Financial Crimes Commission (EFCC) on the headquarters of the Dangote Group. The EFCC on Thursday raided the headquarters of the Dangote Group in Lagos in connection with…
Latest
2 hours ago
Akwa Ibom State Government has indicated readiness to commence aggressive desilting of gutters and flood channels across the state.
2 hours ago
The Delta State Police Command has urged Point-of-Sale (POS) operators to be cautious when handling large cash transactions, particularly those involving armed individuals. It noted that customers requesting large cash transactions should be accompanied by a video by the POS operator. Police spokesperson, SP Bright Edafe, stated on Friday in a post on X, noting…
2 hours ago
Lagos State government on Friday said it has apprehended 10 fake enforcement officials around the Cele/Itire axis of the Apapa-Oshodi Expressway of the state. The apprehended persons; Ojo Oluwaseun, Rafiu Agbabiaka, Babatunde Ibrahim, Abiodun Olusegun, Daniel Olanrewaju, Aweda Kabiru, Olufowobi Michael, Olamilekan Olasupo, Bunmi James and Iyiola Shola(female) were caught carrying out unauthorised enforcement using…
2 hours ago
Mikel Arteta has urged Arsenal to prove they have the mental strength to bounce back from a painful spell that wrecked their Champions League challenge and dented their Premier League title bid.
2 hours ago
The WHO announced Friday it had approved a new, simpler version of an existing oral cholera vaccine, which should help increase the number of available doses as global cases surge.
2 hours ago
The Registrar, Joint Admission and Matriculation Board (JAMB), Prof. Is-haq Oloyede has monitored the ongoing Unified Tertiary Matriculation Examination (UTME) exercise in Abuja. Prof. Oloyede who monitored the exercise at the Kogo Computer Based Tests (CBT) Centre in Bwari Area Council of Abuja, expressed satisfaction with the process. He reiterated the examination body's earlier order…
2 hours ago
The Corporate Affairs Commission (CAC) has warned newly-registered companies against paying certain fees to obtain tax identification number (TIN) amongst others. The management of CAC gave this warning in a statement on its X handle on Friday. CAC said it noticed email messages sent to directors of newly-registered companies. READ ALSO: CAC targets registration of…
2 hours ago
Ukraine's President Volodymyr Zelensky said Friday that NATO must choose whether it really is an ally of Ukraine by accelerating weapons supplies to help his struggling forces.