Economy

Dangote cuts petrol by N50, diesel by N80

The Dangote petrol price cut has reduced the refinery’s ex-depot rate for Premium Motor…

Italy approves €100m relief package after powerful Naples earthquake

The Italian government has approved a 100 million euro ($115 million) emergency relief package…

Stakeholders fear safety risks as Nigeria pushes CNG, electric vehicle transition

Stakeholders in Nigeria’s automotive sector have expressed concerns over safety challenges that could hinder…

US states file lawsuit to stop Trump tariffs

  Twenty-five states have sued President Donald Trump's administration over a wave of tariffs…

Makinde faults Tinubu’s economic policies, says Nigerians face deepening hardship

Oyo State Governor and presidential candidate of the Allied Peoples Movement, Seyi Makinde, has…

NRS releases guidelines on taxation of virtual assets

  The Nigeria Revenue Service has issued comprehensive guidelines on the taxation of virtual…

₦10tn power interventions leave electricity supply stuck near 4,500MW – Report

About ₦10tn in power sector investments, loans, guarantees and government interventions has failed to…

Iran nears Hormuz deal with Oman as US suspends planned strikes

Iran says it is close to reaching a Hormuz deal with Oman over a…

US partners Japan in rare move to support weakening Yen

The United States has intervened in Japan’s currency market for the first time in…

Full list: Nigeria, 49 others face up to $20,000 US visa bond

Nigeria and 49 other countries have been included in the permanent US visa bond…

MRS, AA Rano slash petrol pump prices as fuel market eases

MRS filling stations, which market petrol supplied by Dangote Refinery, alongside several other retail…

Tinubu rejects bishops’ concerns over economy, insecurity

The Archbishop Emeritus of the Catholic Archdiocese of Abuja, John Onaiyekan, has disclosed that…

FG rules out immediate electricity tariff hike, begins grid audit

The Federal Government has ruled out an immediate electricity tariff increase, saying its attention…

No electricity tariff hike for now, says power minister

  The Federal Government has ruled out any immediate increase in electricity tariffs, saying…

CRFFN links foreign logistics dominance to industry weaknesses

The Council for the Regulation of Freight Forwarding in Nigeria has said foreign logistics…