Falling Crude Prices May Push Petrol Below ₦400/Litre – Refiners Predict
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has said that the price of petrol in Nigeria could drop below ₦400 per litre if the current fall in global…
Nigeria, UNIDO Seal $175m Deal to Drive Industrial Growth
The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have signed a $175 million agreement to strengthen Nigeria’s industrial sector, promote technological innovation and drive sustainable economic growth.…
First Lady Reaffirms FG’s Commitment to Niger Delta Infrastructure Renewal
First Lady, Senator Oluremi Tinubu, has reaffirmed the Federal Government’s commitment to improving healthcare access in the Niger Delta and other neglected communities across Nigeria.Speaking at the launch of a…
NCAA Warns Airlines: Sanctions Over Mistreatment of Deportees
The Nigeria Civil Aviation Authority (NCAA) has issued a strong warning to international airlines over rising complaints about passengers being deported back to Nigeria after being transported partway to their…
NESG Warns: VAT Hike Removal Could Slash Government Revenue
The Nigeria Economic Summit Group (NESG) has warned that the Federal Government may struggle with revenue shortfalls if it does not increase the Value-Added Tax (VAT) rate as part of…
FG’s Deficit Soars to N12.95tr, Overshoots Budget by 41%
The Federal Government recorded a budget deficit of N12.95 trillion in 2024, surpassing its projected N9.16 trillion deficit by 41%, according to data from the Central Bank of Nigeria (CBN).…
Tinubu Dismisses Kyari, NNPCL Board, Appoints Engr. Ojulari as New GCEO
President Bola Tinubu has dismissed the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, along with the board chairman, Pius Akinyelure and other…
Tinubu Extends Tenure of Immigration CG
President Bola Tinubu has approved the extension of the tenure of Comptroller-General of the Nigeria Immigration Service (NIS), Mrs. Kemi Nanna Nandap, until December 31, 2026. The announcement was made…
Rainstorm Wreaks Havoc in Kwara, Damages 200 Homes and Schools
A powerful windstorm on Sunday evening destroyed over 200 houses, schools and electric cables in Ilorin, the Kwara State capital, and Ogele/Eyenkorin in Asa Local Government Area. The storm, which…
Naira Strengthens to N1,560/$ in Parallel Market
The Naira appreciated to N1,560 per dollar in the parallel market yesterday, strengthening from N1,570 per dollar recorded on Wednesday. However, in the Nigerian Foreign Exchange Market (NFEM), the currency…