The Nigerian Exchange (NGX) closed trading on Wednesday in negative territory, as sustained sell pressure across key…
Category: Business/Economy
NNPC hikes petrol price to N835/litre in Lagos, N839 in Abuja
The Nigerian National Petroleum Company (NNPC) Limited has increased the price of petrol to N835 per…
Obi reminds Tinubu his campaign promise on Nigeria’s electricity woes
The 2023 presidential candidate of the Labour Party (LP), Mr. Peter Obi, has questioned President Bola…
Tax: Banks won’t debit account without owner’s consent, Tinubu’s aide clarifies
The Presidential Fiscal Policy and Tax Reforms Committee has said that banks cannot debit customers’ accounts…
Tax reform c’ttee, financial institutions brainstorm to protect customers against wrong charges
The Presidential Fiscal Policy and Tax Reforms Committee has held a high-level engagement with financial institutions…
Contractors refute FG’s claim of N152bn payment
The All-Indigenous Contractors Association of Nigeria (AICAN), on Tuesday, refuted claims that the Federal government has…
LCCI laments fate of MSMEs amid recurring grid collapse
The Lagos Chamber of Commerce and Industry (LCCI) has declared that the recurrent national grid collapses…
Workers oppose sachet alcohol ban, warn of economic implication
Workers and industry operators in Nigeria’s alcoholic beverage value chain have opposed the planned ban of…
CBN upgrades Opay, Moniepoint, Palmpay, others to national licenses
The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance…
Dangote Refinery raises gantry petrol price to N799 per litre, N839 at MRS stations
The Management of Dangote Petroleum Refinery has announced a new gantry Premium Motor Spirit (PMS) price…