The Debt Management Office (DMO) has warned that reports suggesting the suspension of telecoms tax regime…
Category: Business/Economy
NIN-SIM linkage issue pushes inactive mobile lines to 98.8m
No fewer than 98.8 million mobile lines connected to the networks of MTN, Glo, Airtel, and…
Naira slumps again against dollar, exchanges N434.75/$1
The Naira, on Monday, depreciated against the dollar at the Investors and Exporters window, exchanging at…
OPEC okays 1.826mb/d output for Nigeria
* Tops Africa’s list The Organisation of Petroleum Producing Countries (OPEC) has approved 1.826million barrels per day…
FG pulls break on proposed 5% tax on telecoms services
The Federal government has suspended the proposed excise duty on telecommunication services. The suspension was announced…
Shell confirms oil spill in Bayelsa community, begins investigation
Shell Petroleum Development Company of Nigeria (SPDC) has disclosed that it is investigating a report of…
Petrol scarcity looms in Abuja, states as IPMAN begins warning strike
Scarcity of the Premium Motor Spirit (PMS) aka petrol is imminent in the Federal Capital Territory…
FG suspends eastern rail construction citing insecurity, vandalism
The Federal Government has halted the construction of the Port Harcourt-Maidugiri Eastern rail line due to…
Group slams Buhari over appointment of brother-in-law as MD of NSPMC
Gravitas Group has condemned President Muhammadu Buhari’s appointment of his brother-in-law, Ahmed Halilu, as the substantive…
World Bank offers support to end petrol subsidy in Nigeria
The World Bank Group’s President, David Malpass, has disclosed the bank’s is prepared to assist Nigeria…