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Category: Business
Tinubu did not introduce 5% fuel surcharge – Tax Committee chair, Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that the 5 percent surcharge on fuel was introduced…
Naira strengthens across official, black markets as reserves climb
The naira appreciated strongly on Monday at both the official and parallel foreign exchange markets, opening the new week on a positive note. Data from…
Nigerians defend Dangote Refinery online as labour unions unite behind NUPENG
Some Nigerians have taken to social media to rally behind the Dangote Petroleum Refinery over its face-off with the Nigeria Union of Petroleum and Natural…
Bank recapitalisation making good progress – CBN Gov Cardoso
The Central Bank Governor, Olayemi Cardoso, has reaffirmed the bank’s commitment to achieving macroeconomic stability, strengthening the banking sector, and positioning Nigeria as a leading…
Tinubu sacks Special Adviser on Economy Fegho Umunubo
President Bola Tinubu’s administration has terminated the appointment of Fegho John Umunubo as Special Assistant to the President on Digital and Creative Economy in the…
No plan to shut petrol unit — Dangote refinery
The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote…
No plan to shut petrol unit — Dangote refinery
The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote…
NUPENG, Dangote battle: Fuel transporters shut down petrol distribution nationwide
Members of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have shut down petrol distribution nationwide with effect from today, Monday, September 8,…
Customs approve $300 duty-free threshold for imports
The Nigeria Customs Service (NCS) Board has approved a formal de-minimis threshold of $300 for low-value consignments imported via express shipments and passenger baggage. The…
N70,000 no longer sustainable – NLC
The Nigeria Labour Congress (NLC) and federal government workers have demanded an urgent review of the national minimum wage, insisting that the current N70,000 is…