Tinubu considering ‘temporary subsidy’ on petrol – Reports
President Bola Tinubu is contemplating the implementation of a “transitory subsidy” on petroleum in response to the escalating crude oil prices…
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Nigeria’s inflation hits 24.08% – NBS
The National Bureau of Statistics has revealed that Nigeria’s inflation rate rose to 24.08 per cent in July 2023. This, according…
NNPCL denies rumoured petrol price hike
Kazeem Owoseni Following the reports of an alleged hike in the price of premium motor spirit, popularly known as petrol in…
Banks may reconsider customer loans over naira slump – Security Firm
An analysis by a security firm, Cordros Securities shows that the release of foreign exchange is only anticipated to have a minor effect…
CBN considers new measures to stabilize naira
Kazeem Owoseni The Central Bank of Nigeria has expressed its readiness to take new measures, in stabilizing the naira against…
Marketers suggest N720/liter, halt fuel imports over forex crisis
Oil marketers said on Sunday that the price of Premium Motor Spirit, also known as petrol, would rise to between N680 and…
GAIA demands single-use plastic ban to reduce pollution
The Global Alliance for Incinerator Alternatives, a multinational network dedicated to achieving a waste-free future without incineration, has urged the Nigerian government…
SNEPCo MD predicts gas scarcity by 2030
The Managing Director of Shell Nigeria Exploration and Production Company Limited, Elohor Aiboni, forecasts a three billion cubic feet per day gas supply crisis…
Video, calls increase telecom spending to N3.86trn – NCC
The amount spent on telecom services reached N3.86 trillion in 2022 due to increased call time and video streaming. This information was…
CBN releases financial report first time in seven years
The Central Bank of Nigeria has released its consolidated financial statements for the years 2015 through 2022, according a TechCabal report. For…
Oil marketers predict further fuel price hike
Although the Nigerian National Petroleum Company Limited and other oil marketers have not declared an increase in the price of petrol, they…
Cooking gas price will increase next week – Marketers
Marketers have indicated that gas prices will increase next week. According to The PUNCH, this was stated…