The Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium…
Category: Business/Economy
LCCI slams Rev360 failure, urges tax filing extension, penalty waiver for businesses
The Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr. Chinyere Almona, has called on the…
Dangote Group unveils 2.1mbpd Africa refining expansion plan
The Dangote Industries Limited has unveiled plans to increase its combined refining capacity to 2.1 million…
TCN restores flood-hit Oworonshoki transformer, announces 3-day power outage in Delta
The Transmission Company of Nigeria (TCN) has announced a three-day planned power outage in parts of…
FG slashes import levy on new, used vehicles
The Federal government has reduced the import levy on both new and used vehicles as part…
NDIC begins liquidation of 46 MFBs after CBN licence revocation
The Nigeria Deposit Insurance Corporation (NDIC) has been formally appointed as the official Liquidator for the…
IMF flags undocumented spending in Nigeria’s recent fiscal accounts
The International Monetary Fund (IMF) has expressed concern over gaps in Nigeria’s recent fiscal accounts, saying…
CBN revokes licences of 46 microfinance banks over regulatory breaches
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks (MFBs)…
Customs intercepts N53.39bn fake, expired medicines at Apapa port
The Nigeria Customs Service (NCS) has intercepted fake NAFDAC-labelled medicines, illicit drugs and expired pharmaceutical products…
Minister Tegbe unveils reform blueprint to fix Nigeria’s power sector
The Minister of Power, Joseph Tegbe, has unveiled a comprehensive action plan aimed at stabilising and…