Business

Tinubu’s Administration To Spend N255 Million On New SUVs for Presidential Fleet

A review of President Bola Tinubu’s proposed 2025 budget by shows that N255.7 million is earmarked for the purchase of

Business

MDCAN Pushes for 70-Year Retirement Age

The Medical and Dental Consultants Association of Nigeria (MDCAN) has announced that the Deputy Minister of Health and Social welfare,

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Dangote Refinery Reduces Petrol Price to N970 Per Litre

Dangote Petroleum Refinery has announced a price reduction for Premium Motor Spirit (PMS), from N990 to N970 per litre. The announcement,

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Naira Depreciates to N1,750 in Parallel Market

The Naira experienced contrasting movements across exchange markets on Friday, with depreciation recorded in the parallel market and appreciation in

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Petrol Landing Cost Drops to N971 Per Litre

The cost of landing Premium Motor Spirit (petrol) in Nigeria has decreased by 20.34%, dropping to N971.57 per litre over

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PETROAN Criticizes Dangote Refinery’s For Selling petrol at N990

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has condemned the Dangote Petroleum Refinery for selling petrol at

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CBN Denies December 2024 Deadline for Old Naira Notes

In 2022, Nigeria’s Central Bank, led by then-Governor Godwin Emefiele, sparked controversy by announcing plans to redesign the N200, N500,

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Naira Depreciates by 43% Amid Inflation Surge and Dollar Demand

As of August 2024, the Nigerian naira has depreciated by 43%, positioning it among the worst-performing currencies in Sub-Saharan Africa,

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IPMAN Set to Finalize Fuel Lifting Deal with Dangote Refinery

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is preparing for discussions with Dangote Petroleum Refinery to finalize an agreement

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Discos’ Revenue Collection Efficiency Rises to 79.31% in Q2 2024

The Nigerian electricity distribution companies (Discos) achieved a revenue collection efficiency of 79.31% in the second quarter of 2024, according