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Category: Business
Fuel price reduction: Dangote Refinery, petrol marketers clash over reason for drop
Dangote Refinery and Nigerian petroleum products marketers have disagreed on the reason for the country’s recent reduction in petrol price. THE PRIME NEWS reports that…
Nigeria sees strong FX inflows as investor confidence returns
Nigeria’s growing foreign-exchange inflows point to a gradual yet significant improvement in investor sentiment after years of instability. In this analysis, we explores how recent…
FG suspends all NIHOTOUR enforcement activities nationwide
The Federal Ministry of Art, Culture, Tourism, and the Creative Economy has announced the immediate suspension of all enforcement operations carried out by the National…
Kwara govt achieves 36% yr-on-yr growth in IGR between 2023 and 2024, says Sade Omoniyi
Executive Chairman of Kwara State Internal Revenue Service (KW-IRS), Mrs Shade Omoniyi, has said that the state has achieved a 36 per cent year-on-year growth…
Joy for retirees as PenCom promises full payment of gratuities by December
…targets full payment of N758bn pension debt by year-end The National Pension Commission (PenCom) has assured Nigerian retirees that all outstanding pension arrears and gratuities…
15% fuel tariff’ll boost local refining, stabilise naira — NECA
The Nigeria Employers’ Consultative Association (NECA) has commended the Federal Government on the recently announced 15 per cent import tariff on certain petroleum products, describing…
Nigeria, IMF deepen talks on 2026–2030 economic reform, growth plans
Nigeria and the International Monetary Fund (IMF) have intensified consultations on the country’s reform agenda and medium-term growth plans, as both sides work toward shaping…
FAAN sets zero-tolerance policy against touting at airports
Following Senator Osita Izunaso’s recent outburst over what he described as a “national embarrassment” caused by touting and begging at Nigerian airports, the Federal Airports…
Dangote Refinery reduces fuel price after massive drop in imported petrol rates
Dangote Refinery has reduced its gantry price of Premium Motor Spirit after a significant drop in the landing cost of imported petrol in Nigeria. Checks…
More than 1,400 flights cancelled as US Air Traffic cuts enter second day
More than 1,400 flights to, from, or within the US were cancelled on Saturday after airlines were told this week to cut traffic during the…