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We Are Not Merging Revenue Generating Agencies — Fed Govt

We Are Not Merging Revenue Generating Agencies — Fed Govt   The federal government has disclosed that it has no plans to merge revenue-generating agencies as speculated in some sections of the media. President Bola Tinubu’s special adviser on revenue, Zacchaeus Adedeji, made the clarification during an...

We Will Reconcile N2.1trn Subsidy Deduction With FAAC – NNPC

We Will Reconcile N2.1trn Subsidy Deduction With FAAC - NNPC The Nigerian National Petroleum Company (NNPC) Limited says it would reconcile subsidy deductions with the federation. The Federation Account Allocation Committee (FAAC) had in May asked NNPCL to refund over N2.1 trillion to the federation account. NNPCL...

Nigeria Rakes in $11b from Oil Exports in Five Months

Nigeria Rakes in $11b from Oil Exports in Five Months The Organisation of Petroleum Exporting Countries (OPEC), latest revenues fact sheet indicates that Nigeria earned about $11 billion from crude oil exports in the first half of the year. which revealed the figure, also projected that...

More Pains For Nigerians As Petrol Sells Above N550/Litre

More Pains For Nigerians As Petrol Sells Above N550/Litre   The pangs of the fuel subsidy removal continue to hit hard on Nigerians as the price of fuel per litre now jumps above N550. It was reliably gathered that there was a rise in the ex-depot price...

Economy: Tinubu’s Top Eight Game Changers By Zeenat Sambo

Economy: Tinubu's Top Eight Game Changers  By Zeenat Sambo President Bola Ahmed Tinubu came to office with a pedigree of a first-rate accountant who also understands how the economy works and knows the best Nigerian brains from across the world to help him deliver on his...

Fuel Importation: Marketers Demand Equal Access To Forex

Fuel Importation: Marketers Demand Equal Access To Forex   Oil marketers have projected that the ex-depot price of Premium Motor Spirit, popularly called petrol, would hit N515/litre once they source foreign exchange rate at the parallel market for the importation of PMS. Ex-depot price is the price...