CBN to unveil new website today
CBN to unveil new website today The Central Bank of Nigeria has announced the launch of its new website on Monday (today). In a statement signed by the acting Director of Corporate Communications, Sidi Ali, the bank said the new…
Only Lagos will benefit from Tinubu’s tax reform bills, says Zulum
The Borno State Governor, Babagana Zulum, has clarified his position on the controversial tax reform bills, saying he was not an enemy of President Bola Tinubu’s administration. Zulum, however, insisted that if the four tax bills currently undergoing review before…
Port Harcourt Refinery operates at 70%, produces 1.4m liters of PMS daily – NNPCL
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has confirmed that the Old Port Harcourt Refinery is currently operating at 70% capacity, producing significant volumes of petroleum products daily. This marks a milestone in the refinery’s recovery after years of…
High transport cost reason for food price hike, say Abia, Imo residents
The News Agency of Nigeria (NAN) reports that prices of various food stuffs, especially farm produce, have continued to skyrocket notwithstanding the season of harvest. A cross-section of the people in Owerri said that the high cost of transportation was…
We have 500m liters, marketers not buying our products – Dangote
Aliko Dangote, President of Dangote Group, on Tuesday, said his refinery has the capacity to provide enough petrol to satisfy local consumption, noting that about 500 million liters have not been taken up by retailers. Dangote, who stated this while…
Living in Nigeria becoming harder – Timaya laments
Singer Inetimi Alfred Odom, popularly known as Timaya, has lamented about the current hardships in the globe. He noted that while economic hardship is a global phenomenon, it’s more severe in Nigeria than anywhere else. Timaya spoke in a recent…
Portugal to Introduce Commemorative Currency Honoring Cristiano Ronaldo
Portugal is set to launch a new “7” Euro coin to honor Cristiano Ronaldo, recognised as the nation’s greatest sportsman. Throughout his career, the CR7 enjoyed a remarkable career, achieving success for club and country. The 39-year-old has smashed 130…
FG inaugurates committee on new minimum wage
The Federal Government has inaugurated the Committee on Consequential Adjustments in Salaries for civil servants on Friday. This is coming through the office of the Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack. The inauguration of…
Marketers, refiners demand total subsidy removal
Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers Association of Nigeria, in collaboration with the Depot…
WTO says trade alone won’t bridge gap between economies
The World Trade Organization said Monday that open trade alone was not enough to reduce inequalities between wealthy and developing nations and more was needed to help poorer countries. The WTO’s 2024 report on global trade looked at the role…