Nigeria Generates N73trn From Oil Export Amid Govt Borrowing   Nigeria’s total crude oil export revenues hit N73 trillion in the 21 months spanning January 2023 to September 2024, data from the National Bureau of Statistics (NBS) for the period has shown. The period also saw a...

Stock Market Reverses Gain With N63bn Loss   The Nigerian equity market ended the first trading day of the week on a downward note, reversing recent gains with an N63bn loss. At the close of trading on Monday, the Nigerian Stock Exchange recorded a decline in its...

NNPC Announces 90% Completion of Port Harcourt Refinery Plant   The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the ongoing repair of the new 150,000 barrels per day Port Harcourt Refining Company has reached over 90 per cent completion rate. This is according to the...

Yuletide: Domestic Airfares Jump to N287,800   A few domestic airlines have increased airfares to the South-South and South-East regions of Nigeria by over 100 per cent, as some one-way tickets from December 18, 2024, sell for about N287,000. Usually during the yuletide rush, airfares are mostly...

Dangote Amends Suit, Insists Ban On Fuel Import   The Dangote Petroleum Refinery and Petrochemicals FZE has approached the Federal High Court in Abuja to amend its suit against the Nigerian National Petroleum Company Limited and others to read the actual name of the entity. Recall that...

Taiwo Oyedele Lists Tax Reform Benefits for Nigerians The Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, has unveiled a comprehensive roadmap aimed at transforming Nigeria’s tax system for the benefit of all. These reforms, captured in the new tax...