FG Removes VAT On Diesel, Cooking Gas, Others
The Federal Government has announced the removal of Value Added Tax (VAT) on diesel and cooking gas, among other products, as part of new fiscal...
Category : Economy
We should Not Be Importing Food -Wale Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said Nigeria is taking significant steps to lessen its reliance on food imports. During...
Nigerian Government Plans Increased Taxation Amid Economic Hardship
The Nigerian government has unveiled a controversial plan to increase taxes on citizens and businesses, despite ongoing economic challenges. This initiative is part of the...
Naira Depreciates 51.5% Against Dollar In One Year Under CBN Governor Cardoso
Nigeria’s currency, the Naira, has depreciated by 51.5% against the US dollar in the official market over the past year, coinciding with the first anniversary...
Coca-Cola To Invest $1 Billion In Nigeria
The Coca-Cola Company has announced plans to invest $1 billion in Nigeria over the next five years. This announcement was made following a meeting with...
Fuel Hike: Ekiti State Governor Introduces Work-from-Home Policy
Ekiti State Governor Mr. Biodun Oyebanji has approved a new work-from-home policy for civil servants to help mitigate the impact of the current economic climate...
FG Begins Sale Of Rice, Insist Only Buyers With NIN would Benefit
The Nigerian federal government has rolled out a program to sell 30,000 metric tonnes of milled rice to public servants with registered National Identification Numbers...
Petrol Price Hike Will Worsen Workers’ Poverty -TUC
The Trade Union Congress of Nigeria (TUC) has kicked against the latest increase in the pump price of petroleum, warning that it would worsen poverty...
Aliko Dangote Announces Fuel Production Launch At His Refinery
Aliko Dangote, Chairman of Dangote Group, has officially announced the commencement of fuel production at his newly operational refinery. In a recent media briefing, Dangote...
Fuel Supply Under Threat As NNPC Ltd Acknowledges Debt To Fuel Suppliers
The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed its significant debt to suppliers of premium motor spirit (PMS), commonly known as petrol. The...
