Senate Proposes Pollution Tax For Illegal Oil Refiners The Senate has called on the Federal Government to sanction security agencies found culpable of vandalising pipeline installations and facilities in the country. This came as it also asked the FG to introduce...

Fed Govt Orders Domestic Airlines To Reverse 60% Airfare Hike   The Federal Government on Wednesday ordered domestic airlines to reverse the recent over 60 per cent hike in airfares on domestic routes. It gave the order after investigations by the Federal...

Lawmakers Pass Amended Budget Bill For Second Reading, Decry N1trn Tax Waivers   The Senate yesterday passed for second reading a bill seeking to amend the 2022 Appropriation Act as the lawmakers decried the high N1 trillion tax waivers to be...

FG Saves $1.8bn In Forex As Dangote, Others Sign Gas Supply Deal   The Dangote Group, the Nigerian National Petroleum Company Limited (NNPC), Shell, Nigerian Agip Oil Company Limited (NAOC), Total Energies as well as the Gas Aggregation Company of Nigeria...

IMF, World Bank Partner On $5.2bn To Support Ukraine   The International Monetary Fund (IMF) and World Bank Group have announced they will respond to Ukraine’s request for urgent financing with about $5.2bn cumulatively. They disclosed this in a joint statement titled,...

Modular Refineries Can’t Refine Fuel Due To Price Regulation, Says NNPC   The Nigerian National Petroleum Company Limited (NNPC) on Wednesday explained that one of the key reasons modular refineries in Nigeria were not producing Premium Motor Spirit, popularly called petrol,...