TINUBU APPROVES 15% IMPORT DUTY ON PETROL, DIESEL
HOTJIST NEWS President Bola Tinubu has sanctioned the implementation of a 15 percent ad-valorem import duty on petrol and diesel imports into Nigeria. This initiative aims to safeguard domestic refineries and stabilize the downstream market; however,...
NAIRA APPRECIATES TO N1,487/$ IN PARALLEL MARKET, N1,447/$ AT OFFICIAL WINDOW
The Naira on Tuesday appreciated to N1,487 per dollar in the parallel market, gaining ₦4 from ₦1,491 per dollar recorded on Monday. Similarly, data...
FCT RESIDENTS LAMENT SOARING COOKING GAS PRICES
Residents of the Federal Capital Territory (FCT), Abuja, have voiced concern over a sharp increase in cooking gas prices, warning that the surge is putting...
FG BACKS DANGOTE REFINERY’S EXPANSION TO 1.4 MILLION BARRELS PER DAY
By Aishat Momoh. O. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has pledged the federal government’s full support for the Dangote...
TRUMP ARRIVES JAPAN FOR US, CHINA TRADE DEAL
Donald Trump arrived in Japan on Monday, on the next leg of an Asia tour that could see the US president and China’s Xi Jinping...
ASUU STRIKE: SENATE MOVES IN, MEETS MINISTER OF EDUCATION TUESDAY
BY JENN NOMAMIUKOR The Senate has taken action to address the persistent issue between the Federal government and the Academic Staff Union of Universities (ASUU) and, as part of efforts to prevent the ongoing two-week warning...
CBN, BANK OF ANGOLA SIGN AGREEMENT TO BOOST CROSS-BORDER FINANCIAL RELATIONS
The Central Bank of Nigeria and the Bank of Angola have formalized a Memorandum of Understanding aimed at enhancing bilateral collaboration, facilitating knowledge exchange, and...
EFCC CHAIR PUSHES FOR TIGHTER GLOBAL CRACKDOWN ON CROSS-BORDER CRIMES
The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has called for stronger collaboration to curb trans-border crimes and enhance peace, stability, and...
FG, GENCOS STRIKE N4TRN DEAL TO SETTLE POWER SECTOR DEBTS
The Federal Government has forged a consensus with electricity generation firms regarding the execution framework for the Presidential Power Sector Debt Reduction Plan, a N4...
CBN SAYS ALTERNATIVE PAYMENT CHANNELS LIFTING RURAL, UNDERSERVERED NIGERIANS
The Central Bank of Nigeria (CBN) has characterized alternative payment systems as an essential support mechanism for rural populations and marginalized communities throughout the nation....