BUSINESS: BRENT CRUDE FALLS BELOW $70 PER BARREL
Agency Report Due to growing worries about slowing global growth, the key international benchmark for oil fell below $70 per barrel on Tuesday for the...
VAT REMAINS 7.5% NOT 10% – WALE EDUN
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, disputed rumours on Monday that the Value-Added Tax (VAT) rate had been raised to...
ABUJA-BASED POULTRY OWNER RECOUNT LOSES AFTER N150M INVESTMENT WITH 5000 BIRDS WAS DEMOLISHED
Akomolafe Bankole, a poultry farmer who goes by the handle #henrich_banks on X.com, has expressed regret over the Federal Capital Development Authority officials demolishing his...
MURIC ACKNOWLEDGES NNPCL’S CLARIFICATION REGARDING SOLE DISTRIBUTION OF DANGOTE REFINERY’S PRODUCTS
By: Ajape Sefiu A. …Says There’s Need For NNPCL, Dangote, Stakeholders To Brainstorm on Reducing Fuel Price The Muslim Rights Concern (MURIC) has reacted to...
WE’RE NOT UNDERMINING DANGOTE, NNPCL REPLIES MURIC
The Nigeria National Petroleum Company Limited (NNPC Ltd) has refuted allegations made by the Muslim Rights Concern (MURIC) that the company is hindering Dangote’s ability...
OPAY TO CHARGE N50 LEVY ON TRANSACTIONS ABOVE N10,000 FROM SEPTEMBER 9
…Says Entire Fee Going Directly to FG Leading fintech mobile money operating company, OPay, has announced a new charge on electronic transfers into personal and...
CBN BOOSTS FOREX SUPPLY, ANNOUNCES SALE OF $400M TO BDCs
In a move to boost forex supply, the Central Bank of Nigeria has announced the sale of dollars to Bureau De Change operators. This was...
BUSINESS: NIGERIA, TUNISIA SET TO BEGIN DIRECT FLIGHT IN 2026
The Ambassador of Tunisia to Nigeria, Mohsen Antit, has announced that direct flights between Tunisia and Nigeria are expected to commence in 2026. This initiative...
EKITI GOVT TO RELOCATE MARKET OVER AUTO-CRASHES
Ekiti State Government has said that plans are underway to relocate the Iworoko Ekiti Central Market in the Irepodun/ Ifelodun Local Government Area of the...
FOREIGN EXCHANGE: NAIRA DEPRECIATES TO N1,611 IN NAFEM
The Naira yesterday depreciated to N1,611.34 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate...