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Category: Business
FG suspends petrol import licences for second consecutive month
The Federal Government has once again suspended the issuance of petrol import licences as local refining capacity continues to satisfy Nigeria’s domestic fuel demand. The…
FG moves to finalise PPP for 250MW Ikom dam project
The Infrastructure Concession Regulatory Commission (ICRC) has convened the inaugural meeting of the Presidential Project Development Committee for the Ikom Multipurpose Dam and Hydropower Project,…
Kwara customs command generate N2.5b revenue
Nigeria Customs Service (NCS), Kwara State Command, has intercepted contraband goods valued N478m in the continued crackdown on smuggling activities in various parts of the…
Food security remains central to Nigeria’s economic stability – FG
The Federal Government has said that ensuring food security remains central to Nigeria’s economic stability, national independence and poverty reduction. The Minister of Information and…
South Korea strikes crude oil deal with UAE
South Korea struck a deal Friday to ship around four million barrels of oil from the United Arab Emirates, bolstering supplies as the US-Israel war…
Nigeria to launch National Single Window for economic growth — Trade Minister, Oduwole
Nigeria’s Minister for Trade and Investment, Jumoke Oduwole, has announced that President Bola Ahmed Tinubu has given his backing to officially launch phase one of…
War: Fuel price hike makes adequate domestic crude supply inevitable – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has stated that the latest fuel price hike nationwide makes it inevitable for the Nigerian…
Nigeria’s VAT revenue hit N2.28tn in Q3 2025, up 10.66% — NBS
Nigeria’s Value Added Tax revenue surged to N2.28 trillion in the third quarter of 2025, marking a 10.66% increase from N2.06 trillion in the previous…
NNPCL, other Nigerian filling stations increase fuel price
Nigerian National Petroleum Company Limited (NNPCL) and other filling stations have increased their Premium Motor Spirit pump price. Our correspondent who went round NNPCL outlets…
BREAKING: Tinubu nominates Taiwo Oyedele as Minister of State, Finance, redeploys Anite-Uzoka
President Bola Tinubu has nominated Mr Taiwo Oyedele as Minister of State for Finance, replacing Dr Doris Anite-Uzoka. This was disclosed in a statement issued…