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FG Approves 15% Import Duty on Petrol, Diesel

President Bola Ahmed Tinubu has approved a 15 percent import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel, in a new directive expected to impact retail fuel prices nationwide.

Naira Rebounds, Posts Fresh ₦20 Gain Across FX Markets

Naira Rebounds, Posts Fresh ₦20 Gain Across FX Markets The naira appreciated...

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FG Approves 15% Import Duty on Petrol, Diesel

President Bola Ahmed Tinubu has approved a 15 percent import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel, in a new directive expected to impact retail fuel prices nationwide.

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FG Approves 15% Import Duty on Petrol, Diesel

President Bola Ahmed Tinubu has approved a 15 percent import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel, in a new directive expected to impact retail fuel prices nationwide.

Naira Rebounds, Posts Fresh ₦20 Gain Across FX Markets

Naira Rebounds, Posts Fresh ₦20 Gain Across FX Markets The naira appreciated against the U.S. dollar on Thursday, October 30,...

Tinubu Lays Foundation for Durable, 100-Year Roads – Umahi

Tinubu Lays Foundation for Durable, 100-Year Roads - Umahi The Minister of Works, David Umahi, has said President Bola Tinubu’s...

NGX Market Cap Rises 37.7% to ₦141.75tn in Sept

NGX Market Cap Rises 37.7% to ₦141.75tn in Sept The Nigerian Exchange Group has recorded a 37.7 per cent growth...

Retailers Warn Monopoly Threatens Nigeria’s Oil Market

Retailers Warn Monopoly Threatens Nigeria’s Oil Market The Petroleum Products Retail Outlets Owners Association of Nigeria has warned against monopolistic...

FG Releases ₦2.3bn to Universities for Arrears, Staff Welfare

FG Releases ₦2.3bn to Universities for Arrears, Staff Welfare The Federal Government has disbursed ₦2.3 billion to university-based unions to...

Reps Approve Tinubu’s $2.35bn Loan Request for 2025 Budget

Reps Approve Tinubu’s $2.35bn Loan Request for 2025 Budget The House of Representatives has approved President Bola Tinubu’s request to...

Senate Confirms New Service Chiefs

Senate Confirms New Service Chiefs The Senate has confirmed President Bola Tinubu’s nominees as the new Service Chiefs after an...

Press Freedom: Police Authorities Vow to Strengthen Collaboration with Journalists

Press Freedom: Police Authorities Vow to Strengthen Collaboration with Journalists By Rahma Oladosu & Zeenat Sambo, in Lagos The Lagos State...

‎CBN’s 48-hour Refund Rule: A Timely Intervention on Failed Transactions, by Zekeri Idakwo Laruba

‎The Central Bank of Nigeria’s new draft guideline mandating all banks to refund customers for failed ATM and electronic transactions within 48 hours.

FG to Launch Targeted Electricity Subsidy

The Federal government has stated that a targeted electricity subsidy is being developed to protect vulnerable households while ensuring the long-term commercial viability of the industry.

Industrial Disputes Drag Production Down by 0.3 Point in Q3 – MAN

The Manufacturers Association of Nigeria (MAN) says the current production condition declined marginally by 0.3 point in the third quarter.