Business

Tinubu’s Administration To Spend N255 Million On New SUVs for Presidential Fleet
- By Adeyinka Arutu
- . January 3, 2025
A review of President Bola Tinubu’s proposed 2025 budget by shows that N255.7 million is earmarked for the purchase of
MDCAN Pushes for 70-Year Retirement Age
- By Adeyinka Arutu
- . December 25, 2024
The Medical and Dental Consultants Association of Nigeria (MDCAN) has announced that the Deputy Minister of Health and Social welfare,

Dangote Refinery Reduces Petrol Price to N970 Per Litre
- By Adeyinka Arutu
- . November 25, 2024
Dangote Petroleum Refinery has announced a price reduction for Premium Motor Spirit (PMS), from N990 to N970 per litre. The announcement,

Naira Depreciates to N1,750 in Parallel Market
- By Adeyinka Arutu
- . November 23, 2024
The Naira experienced contrasting movements across exchange markets on Friday, with depreciation recorded in the parallel market and appreciation in

Petrol Landing Cost Drops to N971 Per Litre
- By Adeyinka Arutu
- . November 11, 2024
The cost of landing Premium Motor Spirit (petrol) in Nigeria has decreased by 20.34%, dropping to N971.57 per litre over

PETROAN Criticizes Dangote Refinery’s For Selling petrol at N990
- By Adeyinka Arutu
- . November 5, 2024
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has condemned the Dangote Petroleum Refinery for selling petrol at

CBN Denies December 2024 Deadline for Old Naira Notes
- By Adeyinka Arutu
- . October 25, 2024
In 2022, Nigeria’s Central Bank, led by then-Governor Godwin Emefiele, sparked controversy by announcing plans to redesign the N200, N500,

Naira Depreciates by 43% Amid Inflation Surge and Dollar Demand
- By Adeyinka Arutu
- . October 16, 2024
As of August 2024, the Nigerian naira has depreciated by 43%, positioning it among the worst-performing currencies in Sub-Saharan Africa,

IPMAN Set to Finalize Fuel Lifting Deal with Dangote Refinery
- By Adeyinka Arutu
- . October 14, 2024
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is preparing for discussions with Dangote Petroleum Refinery to finalize an agreement

Discos’ Revenue Collection Efficiency Rises to 79.31% in Q2 2024
- By Adeyinka Arutu
- . October 14, 2024
The Nigerian electricity distribution companies (Discos) achieved a revenue collection efficiency of 79.31% in the second quarter of 2024, according