Subsidy: Oil marketers request transition plan against handing over
Oil marketers have requested that the government of Nigeria establish a plan to transition away from fuel subsidy following handing over…
News
Volkswagen, Canada to invest $15bn in battery gigafactory
Volkswagen and the Canadian government are teaming up to invest over C$20 billion ($14.8 billion) in a battery gigafactory located in St.…
FG considers tobacco tax hike to meet WHO standards
In a bid to meet World Health Organization standards, Nigeria’s Federal Government has announced plans to raise taxes on tobacco products from…
Nigeria’s inflation rate hits 22% – NBS
The National Bureau of Statistics on Saturday revealed that the nation’s inflation rate rose to 22.04% in March 2023. According to…
MTN, Apple Music offer free subscription to Nigerians
MTN Nigeria, the country’s leading telecom services provider, has teamed with the US-based digital music platform, Apple Music, to provide free access…
Redesigned e-dividend platform to launch July 31st – SEC
Nigeria’s Securities and Exchange Commission announced the revised electronic Dividend Mandate Management System, which would go live on July 31st. This information…
Russia’s FESCO imports electronics from Hong Kong via air
Russian transportation group, FESCO, has established a direct air route to import electronic goods from Hong Kong to Moscow, as Russian businesses…
Gold prices rise, US dollar weakens as European markets reopen
Gold prices climbed higher on Tuesday as the US dollar gave up some of its gains, and European markets reopened after the…
DAAYTA: ARM sets N12m prize for pitch event conqueror
By Christian George The Deji Alli ARM Young Talent Award programme scheduled to hold virtually on April 14, will reward…
Nigerian cinemas hit N441m ticket sales in March
The Cinema Exhibitors Association of Nigeria reported that it made N441 million from ticket sales in March. This was…
FG bars online banks from accessing customers’ photos, contacts
The Federal Government is set to barr online loan apps on Play Store from accessing their users’ contacts or photos…
How naira declined by 10% in 2022 – World Bank
The naira saw a record devaluation of 10.2% in 2022, according to data from the World Bank. The Punch reported that the…