Federal Government Removes VAT on Diesel, Cooking Gas
October 3, 2024#FearlessOctober: Protesters Gather in Lagos Amid Tight Security
October 1, 2024
Monday, October 7, 2024
Business
2 Minutes
Minister Intervenes In Dangote, NNPCL, NMDPRA, NUPRC Fued
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has intervened in the tussle between the President of the Dangote Group, Aliko Dangote and the supervising agencies in the oil and gas...
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1 Minute
CBN Denies Withdrawing Licences Of Unity, Keystone Banks
The Central Bank of Nigeria (CBN) has ON Thursday debunked a fake report that it withdrew the licences of Unity Bank and Keystone Bank. A circular, purportedly from the CBN, had been shared on...
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3 Minutes
Bread Scarcity Hits Kaduna, Katsina, Kano, Others
It is a tale of woes as an acute scarcity of one of Nigerians’ most popular staple foods, bread, has hit Kaduna, Katsina, and Kano States. Checks by the News Agency of Nigeria correspondents...
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1 Minute
Again, Naira Weakens At Official Market
The naira depreciated at both the official and parallel markets on Monday. At the official, Nigerian Autonomous Foreign Exchange Market, the naira dropped to 1,523.85 per dollar, depreciation from the previous close of 1,509.67...
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2 Minutes
JUST IN: FG Suspends Taxes On Maize, Wheat, Rice, Other Staples
The Federal Government has announced the suspension of duties, tariffs, and taxes on some essential food items imported through land and sea borders. The Minister of Agriculture and Food Security, Abubakar Kyari, made this...
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3 Minutes
Nigeria Eyes $172bn Investment In Mining, Agriculture, Others
A multi-national company, Backbone Infrastructure Nigeria Limited, has announced its intention to invest $172bn to develop various infrastructure sectors in the country. This investment, utilising alternative financing options, will be allocated to mineral resources,...
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8 Minutes
Labour, Private Sector Protest As Discos Hike Tariff Again
The Nigeria Labour Congress, Trade Union Congress, and Organised Private Sector, on Wednesday, faulted the latest hike in the electricity tariff payable by customers in the Band A Category. Following the depreciation of the...
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2 Minutes
CBN Warns Banks Against Rejecting Old Dollar Notes
Central Bank of Nigeria has warned against the continued rejection of old series and lower denominations of the United States of American dollars by its regulated entities in Nigeria. The bank threatened to sanction...
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3 Minutes
Dangote Decries High Interest Rate, Seeks Govt’s Intervention
The Chairman and Chief Executive Officer of the Dangote Group, Aliko Dangote, on Tuesday said rising interest rate hikes would hurt local manufacturers. Dangote made the assertion at the opening session of a three-day...
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2 Minutes
Breaking: Tinubu Approves New Withholding Tax Policy
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, disclosed this on Tuesday. Oyedele said the new withholding tax policy has laid to rest the heavy burden of the...
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