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Prepare for ‘mother of all queues,’ marketers tell Nigerians
Dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria have denied being paid N74bn by the Federal ...Smokers to pay more, as FG increases tax on cigarette, shisha to 30%
The Federal Government has increased the tax on tobacco products including shisha and cigarettes from 20 per cent to 30 ...Our refineries can’t be restored soon, says NNPC GMD
Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said the country’s moribund refineries cannot be quickly ...Naira falls further to N614/$ at ‘black market’
The Nigerian currency has dropped to N614 against the dollar at the parallel section of the foreign exchange market, popularly ...Dangote seeks additional N300bn to finance refinery
Dangote Industries Limited had opened an application list to raise up to N300bn in medium-term debt funding from the Nigerian ...Govt enforces N10/litre sugar tax, Nigerians to pay more for beverages, sweetened drinks
The Federal Government has said it has commenced the implementation of a N10 per litre sugar tax on carbonated sugar ...Bakers threaten strike over rising cost of baking ingredients
The Association of Master Bakers and Caterers of Nigeria has threatened to withdraw their services nationwide, citing a hike in ...Ensure 5G network doesn’t constitute danger to aviation safety – IATA
The International Air Transport Association has urged the Federal Government of Nigeria and the governments of other countries to ensure ...Nigeria’s revenue from train services increased by N4bn in one year, says NBS
The Nigerian Railway Corporation has said it generated N6.08bn revenue from passengers, cargo and other services in 2021. The National ...We lost N4bn to vandalism, cable theft in six months – EKDC
The Eko Electricity Distribution Company says it has lost about N4bn of its assets and electrical installations to vandalism in ...