Petrol Price : Marketers Kick As FG Rules Out Hike   Oil marketers, on Tuesday, advised President Bola Tinubu to gradually relax the removal of subsidy on Premium Motor Spirit, popularly called petrol, following the inability of importers to access the United States dollars and the...

Inflation Jumps to 24.08% in July - NBS The National Bureau of Statistics in its latest report says Nigeria’s headline inflation jumped to 24.08 per cent in July 2023, the highest recorded leap in 2023. In June, inflation was recorded at 22.79 per cent, but has...

Oil Marketers Lament as Diesel Price Rises to N950/per litre Oil marketers have lamented that the foreign exchange crisis and the implementation of a 7.5 per cent Value Added Tax on Automatic Gas Oil, popularly known as diesel, had pushed up the cost of the...

FG to Revive Moribund Assets on Stock Exchange The Ministry of Finance Incorporated, MOFI, the special purpose investment vehicle and asset custodian agency of the Federal Government of Nigeria, has announced its plans to identify, revive and list all moribund government assets on the stock...

NPA, TTP Introduce N50 Stamp Duty on Truck Drivers The Nigerian Ports Authority, NPA, and the Tucks Transit Parks, TTP, have introduced a mandatory N50.00 stamp duty payment on every N1,000 receipt issued to truck drivers. In a notice to all stakeholders issue yesterday, the management...

No Intention to Hike Fuel Price, Says NNPCL The Nigerian National Petroleum Company Limited says it has no intension to increase the retail pump price of Premium Motor Spirit, popularly called petrol. In a post by the company, posted around 11:48pm on Monday on its official...