Economy

Dangote refinery now supplying most of Nigeria’s jet fuel – Report

The Dangote Refinery has become the main supplier of jet fuel in Nigeria, just…

CBN allocates N1.73tn for food imports amid inflation 

The Central Bank of Nigeria allocated N1.73 trillion for food imports in the first…

FG urges Nigerians abroad to return home for national development

The Federal Government has called on Nigerians living abroad to return home and contribute…

[ICYMI] NNPC, Chevron discovers major oil in Niger Delta

The NNPC Limited and Chevron Nigeria Limited Joint Venture have announced a major oil…

Cut govt waste, focus on poverty programmes, says W’Bank tells Nigeria

The World Bank has urged Nigeria to cut government waste and focus spending on…

Lagos NURTW unveils 3,000 CNG tricycles worth N10.2bn

The Lagos State Chapter of the National Union of Road Transport Workers has unveiled…

Reps demand immediate reversal of petrol, cooking gas price hike

The House of Representatives has called for the immediate reversal of the recent increase…

Dangote refinery unable to meet petrol demand – Oil marketer

Oil marketers in Nigeria have raised concerns that the amount of petrol produced by…

Naira among Sub-Saharan Africa’s weakest currency– World Bank

The Nigerian naira has been named one of the worst-performing currencies in Sub-Saharan Africa…

Manufacturers cannot survive 250% electricity hike – MAN

The Manufacturers Association of Nigeria has called for a reduction in the recent electricity…

Inflation rises to 32.70% in September — NBS

Nigeria’s inflation rate has gone up again, reaching 32.70% in September 2024. This is…

Fuel hike: NNPC can’t continue absorbing Nigeria’s losses, says minister

The Minister of Information and National Orientation, Mohammed Idris, has said that the federal…

Labour urges FG not to give workers’ salaries to LG

The Organised Labour, which includes the Nigeria Union of Local Government Employees, the Nigeria…

Marketers, refiners call for details on naira-for-crude deal

Oil marketers and domestic refiners in Nigeria have urged the Federal Government to provide…

Ekiti gov rewards outstanding teachers with N48m

Ekiti State Governor, Biodun Oyebanji, has awarded N47.8 million to exceptional primary and secondary…