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Subsidy Removal: Marketers Plan 30,000 Gas Stations, Seek CBN Loans

Subsidy Removal: Marketers Plan 30,000 Gas Stations, Seek CBN Loans   Oil marketers have written to the Federal Government over their proposal to build about 30,000 gas stations to cushion the effects of the proposed subsidy removal on Premium Motor Spirit, popularly called petrol. Nigerians are currently...

N50bn Modular Floating Dock To Generate N1bn Monthly – NIMASA Boss

N50bn Modular Floating Dock To Generate N1bn Monthly – NIMASA Boss   The Nigerian Marítime Administration and Safety Agency (NIMASA), has disclosed that the N50billion modular floating dock would generate a whopping N1billion monthly into the federation account. Speaking at the Institute of Maritime Studies (IMS), University...

Farmers Groan As Price Of Fertiliser Hits N28,000

Farmers Groan As Price Of Fertiliser Hits N28,000   Farmers have raised concern over the skyrocketing price of fertiliser, saying with the current cost hitting N28, 000 per bag and food prices coming down in the market, they are now producing at a loss. A farmer from...

Inflation: Food Prices Still Very High – NBS

Inflation: Food Prices Still Very High - NBS   The nation’s food inflation is still on the rise with food items prices skyrocketing. The National Bureau of Statistics (NBS) said prices of food items such as yam, rice and beef witnessed increases in January and continued rising...

Hajj 2023: NAHCON Announces Fares, Airlines

Hajj 2023: NAHCON Announces Fares, Airlines   The National Hajj Commission of Nigeria (NAHCON) on Friday in Abuja announced eight different 2023 hajj fares regime for the Northern States and other parts of the country. The Chairman and Chief Executive Officer of NAHCON, Alhaji Zikrullah Hassan, made...

High Inflation: Naira lost 10% value in 2022 – World Bank

High Inflation: Naira lost 10% value in 2022 - World Bank The World Bank says Nigeria's currency, naira lost 10.2 per cent of its value in 2022. This came as rising food and fuel prices were responsible for high inflation in the country in 2022. The...