Dangote Refinery Clarifies Report on Suit Against NNPCL, Others Dangote Refinery has clarified reports on the case instituted against the Nigerian National Petroleum Corporation Limited (NNPCL) and five other companies over importation of petroleum products. The other five companies are Aym Shafa Limited, A. A. Rano...

How Importation of petroleum products is Frustrating our Effort – Dangote Refinery The Dangote Petroleum Refinery and Petrochemicals FZE says importation of petroleum products is crippling its business. The 650,000 barrels of fuel per day facility said this in a suit filed before the Federal High...

Skilled Graduates Required to Boost Nigeria's Financial Sector The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has highlighted the need to address the shortage of skilled professionals in finance-related disciplines across Nigerian universities. According to a press statement by the CBN on Sunday, Cardoso...

N’assembly Proposes 5% Excise Duty on Telecoms, Others The national assembly has proposed a five percent excise duty on telecommunications services, gaming, betting, and lottery activities. On July 6, 2023, President Bola Tinubu signed four executive orders, including the suspension of the 5 percent excise tax...

Grid Collapse: TCN Promises Backup System to End Blackouts The Transmission Company of Nigeria (TCN), has promised a backup or buffer system to ensure that Nigerians won’t be thrown into blackout whenever the national grid collapses. TCN Managing Director, Sule Abdulaziz, stated this Channels Television’s Sunday...

Customs Revenue Increases by 33% in Nine Months The Nigeria Customs Service (NCS) has said it collected N4.28tn as revenue between January and September 2024. The NCS, in a document said the N4.28tn represents a 33 per cent increase compared to the N3.21tn the service collected...