Nigeria’s Spending on Jet Fuel Importation Drops by 87% to N31bn - NBS   Nigeria’s spending on kerosene type jet fuel importation fell quarter-on-quarter (QoQ) by 87 percent to N31 billion in the first quarter of 2024 (Q1’24) from N239.18 billion...

Naira Rises to N1,580/$ in Parallel Market   The Naira yesterday appreciated to N1, 580 per dollar in the parallel market from N1,610 per dollar last week Friday. But, the Naira yesterday depreciated to N1,611.4 per dollar in the Nigerian Autonomous...

FCT Generated Over N126.5bn Revenue in Six Months The Federal Capital Territory Internal Revenue Service, FCT-IRS, has said it generated over N126.5 billion in the first half of 2024, H1’24, a 53.5 percent increase over the N82.45 billion collected in...

Senate to SEC: Uncover Unclaimed Dividend Owners The Senate Committee on Capital Market, the Security and Exchange Commission (SEC) and stakeholders in the capital market on Monday agreed to evolve practicable strategies to address the issue of unclaimed dividends in...

NAMA Suspends 800% Hike on Navigational Charges   The Nigerian Airspace Management Agency (NAMA) has suspended its earlier announced increase in navigational charges by 800 per cent based on the directive of the Minister of Aviation and Aerospace Development, Festus Keyamo. It...

Fuel Queues Persist as Depots Ration Fuel   Many filling stations were shut in several states as the queues for Premium Motor Spirit, popularly called petrol, continued on Monday while depots rationed the volumes of PMS released to marketers. In Abuja, Niger...