The Dangote oil refinery will lose up to N32.5bn from 500 million litres stock of premium motor spirit following the recent price cut, Politico Gazette […]
Category: Economy
Fuel landing cost is now N774/litre
The landing cost of premium motor spirit popularly called fuel dropped to N774.82 per litre, cheaper than the ex-depot price of Dangote Refinery’s fuel, which […]
Nigeria’s stock market down by 0.43%, investors lose N285 billion
The stock market on Tuesday witnessed a downturn as performance indices declined by 0.43 per cent. Specifically, the Nigerian Exchange Ltd market or the stock […]
Over 8,000 telecom subscribers switched operators in Jan – NCC report
Mobile number portability in Nigeria increased by 190 per cent in January 2025, with 8,708 subscribers switching networks compared to 2,998 in December 2024, data […]
ValueTech Launches Tolex, Targeting Nigeria’s Consumer Electronics Market
ValueTech Enters Nigerian Market with Launch of Tolex Consumer Electronics ValueTech, a Nigerian technology company, has launched Tolex, a new consumer electronics brand designed with […]
LAMATA plans biogas introduction in Lagos transport system
The Lagos Metropolitan Area Transport Authority (LAMATA) says it is carrying out a study on the feasibility and viability of introducing biogas into the Lagos […]
Tinubu makes case for PPPs at First Bank’s new HQ groundbreaking
President Bola Tinubu says bold economic reforms and strategic public-private partnerships (PPPs) will ensure Nigeria becomes a top investment destination. Tinubu spoke on Wednesday at the […]
CBN appoints 16 directors
The Central Bank of Nigeria (CBN) has appointed 16 new directors to head key departments. The directors’ appointments took effect on March 3. The appointments […]
FAAN increases revenue to 343bn
Despite infrastructural deficit across Nigerian airports, the Federal Airports Authority of Nigeria (FAAN) has greatly improved its revenue generation by over 100 per cent, raking […]
Tinubu appoints Ogunjimi Accountant-General
President Bola Tinubu has appointed Shamsedeen Ogunjimi as the new Accountant General of the Federation. The appointment, announced on Tuesday, takes effect on March 7, […]