Economy
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FG bans exportation of cooking gas to crash rising price
The Federal Government has stopped export of locally produced Liquefied Petroleum Gas (LPG) also known as cooking gas. The measure…
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“Nigeria’s Naira, Ethiopia, South Sudan Ranked Among Africa’s Worst-Performing Currencies”
As of August 2024, Nigeria’s currency, the naira, has depreciated by approximately 43%, making it one of the weakest currencies…
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Guaranty Trust Bank Delays Branch Openings Due to System Transition
Guaranty Trust Holding Company Plc (GTB) has announced that the transition to its new Finacle Core Banking Application Systems is…
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NNPC increases Petrol price
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed an increase in the price of Premium Motor Spirit (PMS), commonly…
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FG set to commence Naira-for-crude with Dangote
The Minister of Finance, Wale Edun, has announced that the Nigerian government has begun the Naira-for-crude sale deal with Dangote…
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Tinubu set to bar Customs, NPA, 60 others from collecting tax unbehalf of FG
President Bola Ahmed Tinubu plans to bar revenue-generating agencies from collecting revenues on behalf of the Federal Government . FUSION…
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FG increases retirees pension by 32,000 Naira
The committee set up by the Federal government to review the new minimum wage, have revealed that retirees will now…
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Nigeria petroleum importation declines by 3.58 billion liters over subsidy removal
Nigeria has seen a significant reduction in petrol imports since President Bola Tinubu’s removal of the fuel subsidy in May…
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FG expands rice subsidy program across Nigeria
A director at the Federal Ministry of Agriculture and Food Security has on Monday stated that the Federal Government is…
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FG to Begin 2,000 CNG-powered tricycles distribution across Nigeria from October 1st
The Federal Government in collaboration with the Presidential Compressed Natural Gas Initiative (PCNGi), will begin the distribution of 2,000 CNG-powered…
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