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Category: Business
Logistics challenges, flooding cause of Fuel Queues
…as NNPC, stakeholders vow to restore normalcy The NNPC Ltd wishes to state that the fuel queues seen in the FCT and some parts of…
Senegalese, Diop, resumes as World Bank Country Director for Nigeria
The newly appointed World Bank Country Director for Nigeria, Dr Ndiamé Diop, assumed his new position on Monday in Abuja.Diop, a Senegalese, is succeeding Shubham…
BREAKING: Nigerian Govt suspends tax, import duties for maize, wheat, brown rice
The Federal Government on Monday announced the suspension of duties, tariffs and taxes for the importation of some food items through land and sea borders.The…
CBN to slow down rate hikes soon – Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has stated that it will soon be able to slow down increases in the…
Fuel scarcity looms as depots raise petrol price to N720/litre
Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners hiked the ex-depot price of petrol from N630…
FG allocated N732bn on vague empowerment projects in 2024 budget – Tracka
Tracka, a subsidiary of BudgIT, has said that Nigeria allocated N732 billion on vague empowerment projects higher than the N646.5 billion allocated to health projects…
Nigerian govt released N1.23tn for capital projects in Q3 2023
The Nigerian Government released N1.23 trillion to 17 ministries to execute capital projects in the third quarter of 2023.This is according to the Budget Implementation…
POS Registration: Agents get more 60-day extension to register with CAC
The Corporate Affairs Commission (CAC) has announced an extension of the registration deadline for Point of Sales (POS) operators to September 5, 2024.This decision provides…
‘No petrol supply by NNPCL’ – Marketers explain return of fuel queues in Nigeria
President of the Petroleum Products Retail Outlets Owners Association (PETROAN), Billy Gillis-Harry, has revealed that the non-supply of Premium Motor Spirit (Petrol) by the Nigerian…
LASG, Senate seek partnership on water transportation
The Lagos State Government and the Nigerian Senate have opened engagement to promote water transportation in the state.On Thursday, Lagos State Governor, Mr Babajide Sanwo-Olu,…