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NNPC sells PMS to IPMAN at N995/litre
The Nigerian National Petroleum Company Limited has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum ...Nigeria must sustain current reforms for 15 years to transform economy, says World Bank
The World Bank says Nigeria must maintain its current reforms for the next 10 to 15 years to transform its ...FG proposes tax payment in instalments
The Federal Government has proposed introducing a tax payment option that enables individuals to pay their taxes in instalments. ...Dangote, marketers meet Tuesday over new petrol price
The Independent Petroleum Marketers Association of Nigeria is poised for talks with Dangote Petroleum Refinery between Tuesday and Wednesday to ...Niger, Togo, Benin owe Nigeria N9.41bn electricity bill for Q2 2024, says NERC
The Nigerian Electricity Regulatory Commission (NERC) says international customers owe $5.79 million for electricity supply in the second quarter (Q2) ...Allen Onyema will be cleared of money laundering charge in US – Air Peace
Air Peace says Allen Onyema, its chief executive officer (CEO), and Ejiroghene Eghagha, its chief of administration and finance, will ...National assembly considering bill seeking to increase VAT from 7.5% to 10% by 2025
The national assembly is considering a bill proposing an increase in the value-added tax (VAT) from 7.5 percent to 10 ...Red Line rail to commence full passenger operations Tuesday
The Lagos State government has announced that the full passenger operations on the Lagos Rail Mass Transit (LRMT) Red ...Court rejects Binance executive’s bail plea — second time in five months
A federal high court in Abuja has refused to grant bail to Tigran Gambaryan, an executive of Binance Holdings Limited. ...Oil marketers can now buy petrol directly from local refineries – FG
In efforts to fully deregulate the downstream sector, the federal government says oil marketers can now buy petroleum products directly ...