HomeBusiness

Business

Marketers Insist on Petrol Import, Charge Dangote 

Marketers Insist on Petrol Import, Charge Dangote  Three oil marketers, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have asked the Federal High Court in Abuja to dismiss a suit filed by Dangote Petroleum Refinery and Petrochemicals. The marketers, in a joint...

CBN Approves Banks to Trade with Deposited FX

CBN Approves Banks to Trade with Deposited FX The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal Government recently. The guidelines released by the CBN on Tuesday provided the modalities for the participation...

Tax Bills not Threat to Govt Agencies – FIRS

Tax Bills not Threat to Govt Agencies – FIRS Zacch Adedeji, Chairman of the Federal Inland Revenue Service, has dismissed concerns that the four tax bills currently before the National Assembly threaten the existence of any government revenue-generating agency or its operations. This was contained in...

Tinubu Approves Redesign of Abuja-Kaduna-Zaria-Kano Dual Carriageway

Tinubu Approves Redesign of Abuja-Kaduna-Zaria-Kano Dual Carriageway In a significant move to improve road infrastructure and alleviate the struggles of commuters, President Bola Ahmed Tinubu has given the green light for the redesign of the remaining 127 kilometers of the Abuja-Kaduna-Zaria-Kano dual carriageway. The newly...

FCCPC Warns DisCos: Arbitrary Customer Billing Is Unacceptable

Mr. Tunji Bello, the Executive Vice Chairman and CEO of the Federal Competition and Consumer Protection Commission (FCCPC), has urged electricity distribution companies to prioritize consumer rights in the electricity metering process. 

Dangote: Deregulation Is Not Green Light For Low-Quality Products

Dangote Petroleum Refinery has advised Pinnacle Oil and Gas Limited, along with other oil marketers, that the deregulation of the downstream oil sector should not be used to justify the importation of off-spec petroleum products or compromising Nigeria’s national interests.