The Nigerian National Petroleum Company (NNPC) Limited has officially ceased importing refined petroleum products, according to Mele Kyari, NNPC’s Group Chief Executive Officer. Speaking at […]
Category: Economy
Economy
NLC Orders Indefinite Strike in Non-Compliant States Over N70,000 Minimum Wage Implementation Starting December 1
The Nigeria Labour Congress (NLC) has directed state councils to initiate an indefinite strike on December 1, 2024, in states where the N70,000 minimum wage […]
President Tinubu and UN Team to Attend Anambra State Business Summit Led by Governor Soludo
President Bola Tinubu, a high-level delegation from the United Nations, and prominent bank CEOs are set to attend the second edition of the Anambra State […]
PETROAN to Offer Cheaper Petrol Through Imports, Pushes for Market Competition Amid Dangote Refinery Allegations
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) announced plans to import premium motor spirit (PMS), or petrol, at a price lower than […]
Nigeria’s Economy on the Brink of Investment Surge, Says Finance Minister Wale Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has declared that the country is entering a new era ripe for […]
Over 33 Million Nigerians Face Food Crisis Risk, CH Report Reveals
A recent Cadre Harmonisé (CH) report warns that approximately 33.1 million Nigerians, including 514,474 internally displaced persons (IDPs), are expected to experience a food crisis […]
Nigerian Governors Forum Acknowledges Nationwide Hunger, Backs Tinubu’s Reforms
Following an extensive meeting, the Nigeria Governors’ Forum (NGF) has expressed awareness of the widespread hunger affecting Nigerians and voiced appreciation for President Bola Tinubu’s […]
NNPCL Raises Petrol Price to N1,025/Liter Amid Economic Challenges and Calls for Local Production
The Nigerian National Petroleum Company Limited (NNPCL) has once again raised the price of Premium Motor Spirit (PMS), also known as petrol, to N1,025 per […]
Ex-CBN Governor Emefiele’s Despatch Rider Testifies on Unrecorded Millions of Dollars in Court
At the Ikeja Special Offences Court, Monday Osasuwa, former despatch rider for ex-CBN Governor Godwin Emefiele, testified about handling millions of dollars for his former […]
Nigerian Army Dismantles Illegal Refineries, Seizes Over 100,000 Litres of Stolen Diesel in Niger Delta Crackdown
The 6 Division of the Nigerian Army in Port Harcourt has reported a major crackdown on illegal refineries across the Niger Delta, deactivating three artisanal […]