The Naira yesterday depreciated by 16 per cent to N770.38 per dollar in the Investors and Exporters (I&E) window following a surge in demand for
Category: Business
FG implements 7.5% VAT on diesel, Nigerians kick
The Federal Government, on Monday, confirmed that it had commenced the implementation of the payment of 7.5 per cent Value Added Tax on Automotive Gas
Phone, generator imports gulped $3.5bn in 2022 – Report
Nigeria spent $3.47bn importing phones, generating sets, electrical transformers, and a host of other electrical equipment in 2022. This is based on data culled from
NNPCL issues directive to marketers on refund, new price
The Nigerian National Petroleum Company Limited has issued a fresh circular to oil marketers on how much they will pay to get petroleum products. This
Subsidy removal: Will Dangote Refinery give Nigerians cheaper fuel?
The announcement on the removal of petrol subsidy by President Bola Tinubu was greeted with mixed reactions from various stakeholders. In the midst of this
Over $56bn lost to oil theft, subsidy – Presidency panel
Nigeria lost $46.16bn to crude oil theft between 2009 and 2020, while it lost $10.7bn annually to subsidy on Premium Motor Spirit, popularly called petrol,
DSS seizes Emefiele’s passport, plans home, office search
The Department of State Services has confiscated the passport of the suspended Central Bank Governor, Godwin Emefiele. The service, it was also learnt, may search
Four Things To Know About UNILAG Product Who Took Over From Emefiele
President Bola Ahmed Tinubu has appointed Mr. Folashodun Adebisi Shonubi, a graduate of the University of Lagos (UNILAG) as Acting Governor of the Central Bank
Samson Soyebi Foundation gives educational supports, settles school fees of 71 students
Samson Soyebi Foundation has fulfilled part of its promises of giving educational support to less privileged students in four different tertiary institutions in the South-western
Nigerians jubilate as Tinubu suspends CBN Governor, Emefiele
Many Nigerians jubilated when the News broke that President Bola Tinubu has suspended the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, from
