Economy

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…

FG grants tax exemptions for oil, gas sector

The Federal Government of Nigeria has introduced new tax exemptions to boost the oil…

Nigeria gets fresh $1.57bn loan from World Bank

The World Bank has approved a new financial package of $1.57 billion to support…

Enugu to introduce CNG, unveils energy ministry for affordable transportation

The Enugu State Government is planning to introduce Compressed Natural Gas buses as part…

Direct lifting of product from Dangote will crush pricing – Oil marketers

Oil marketers in Nigeria have promised that petrol prices will fall once they start…

Manufacturers optimistic about Nigeria’s economy – CBN report

Manufacturers in Nigeria are cautiously hopeful about the country’s economic outlook for the coming…