Business

We Have Not Devalued Naira, Says Nigeria’s Central Bank

It said reports to the contrary are “outright falsehood”.

2 years ago

With End of Subsidy, NNPC Raises Petrol Price to Between N488 and N557 Per Litre

It said it had been funding subsidies to the tune of N400 billion monthly and that the federal government still…

2 years ago

NNPC Adjusts Petrol Prices ‘To Reflect Market Realities’

The company stated that the prices will continue to fluctuate due to the market dynamisms.

2 years ago

Nigeria ‘Ready To Issue Petrol Import Licence’ To Interested Companies

The Nigerian Midstream and Downstream Petroleum Regulatory Authority said several conditions have to be met before the applicants are granted…

2 years ago

NNPC, NMDPRA, Others Back Tinubu on Fuel Subsidy Removal

The organizations then urged Nigerians not to engage in panic buying of petroleum products.

2 years ago

Kyari: NNPC Limited Lost N2.8trn To Oil Subsidy in 15 Months 

He said the company incurred the loss due to the inability of the Federal Government to pay for subsidy.

2 years ago

US Opens Probe Into Freightliner Trucks Automatically Braking Without Obstacle in Road

The probe covers about a quarter-million trucks made by Daimler from the 2017 through 2022 model years.

2 years ago

MOMAN And DAPPMAN Back Tinubu on Fuel Subsidy Removal, Sue For Calm

These investments symbolize our shared future, promising considerable, long-term benefits for all Nigerians

2 years ago

 Nwokoma: Tinubu Shouldn’t Walk Into Subsidy Trap, He Should Moderate The Consequences

The Professor of Financial Economics says the president’s plan to increase GDP by 6% in the short term would require…

2 years ago

Fuel Stations Shut Down, Queues Return After President Tinubu’s ‘Subsidy is Gone’ Remark

The new President said he would rather re-channel the funds into better investments that will materially improve the lives of…

2 years ago