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Cost Of Data Slashed By 50% In 2020 — FG

Cost Of Data Slashed By 50% In 2020 — FG         The Minister of Communications and Digital Economy, Isa Pantami, says data prices reduced by 50 per cent in 2020. The minister made this known in a statement signed Thursday by his Technical Assistant on Information Technology,...

Petrol Price May Hit N180 As Oil Nears $50

Petrol Price May Hit N180 As Oil Nears $50         The pump price of Premium Motor Spirit, popularly known as petrol, may hit N180 per litre this month, according to marketers, as oil prices extended their rally on Monday, with Brent crude trading near $50 per...

Trade In Medical Supplies Rise By 50%

Trade In Medical Supplies Rise By 50%         Trade in COVID-19 medical supplies such as personal protective equipment, disinfectants, diagnostic kits, oxygen respirators and other related hospital equipment has risen by 50 per cent since April. A new study by the United Nations Conference on Trade and...

‘Oil Prices May Break $50 In 2021’

‘Oil Prices May Break $50 In 2021’     Brent crude prices are set to average $42.35 a barrel this year and $49.25 per barrel next year, latest IHS Markit’s price forecast released at the weekend has shown. The report showed that it was raised by $7 a...

Outrage As Senate Okays 50% VAT Increment

Outrage As Senate Okays 50% VAT Increment   The bill specifically seeks to hike the Value-Added Tax from five percent to 7.5 percent. The Federal Executive Council had in September this year approved an increase in VAT and sent a bill to the National Assembly for consideration....

50% Hike In VAT May Increase Air Fares

50% Hike In VAT May Increase Air Fares   There is anxiety among airline operators in the country following the increase in value added tax (VAT) from five per cent to 7.5 per cent by the federal government. The increase, according to the Federal Executive Council...