Otedola Backs Tinubu’s 15% Fuel Import Tariff, Citing Industrialization Push

  Nigerian businessman Femi Otedola has thrown his weight behind President Bola Ahmed Tinubu’s recent 15 per cent import duty on petrol and diesel. Otedola, in a statement on his…

Beyond Politics: How Trump’s Comment Jeopardizes Nigeria’s Stability and Market Image

  The Centre for the Promotion of Private Enterprise has said that the recent threat by the United States of America, President Donald Trump, of a possible military invasion over…

Tinubu Implements 15% Fuel Import Tariff to Boost Local Refineries, Price Hike Imminent

    Last week, President Bola Ahmed Tinubu gave the nod for the implementation of a fresh 15 per cent import duty on petrol and diesel. With the development, Nigerians…

Late Herbert Wigwe’s father denies claims he is contesting his son’s inheritance with his grandchildren (video)

Engineer Shyngle Wigwe, the father of the late Access Bank CEO, Herbert Wigwe, has denied claims that he is contesting his son’s inheritance with his grandchildren.        …

Fuel Price Dip: NNPCL Slashes Petrol Price Following Dangote Supply Fix

  The Nigerian National Petroleum Company Limited, NNPCL, reduced its petrol pump price on Saturday as supply glitches at the Dangote Refinery eased. UGAMATV reports that the state-owned oil firm…

Proposed fuel tax won’t start until Naira appreciates or oil prices fall — Oyedele

The proposed 5% fuel surcharge (tax) will not be implemented until there is a significant improvement in key economic indicators, specifically an appreciation of the naira or a fall in…

Pump price to increase as President Tinubu approves 15 percent Import Duty on petrol, diesel imports

President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), commonly known as petrol.       The approval was conveyed in…

Lagos state govt seals supermarket for selling items with single-use plastics

The Lagos state government today October 29, sealed off three different supermarkets in the Kosofe Local government area of the state for selling items with single-use plastics.      …

Court orders permanent forfeiture of $49,700 recovered from ex-INEC REC

Justice Emeka Nwite of the Federal High Court in Abuja, today Wednesday, October 29, ordered the permanent forfeiture of 49,700 dollars allegedly recovered from Dr Nura Ali, former Resident Electoral…

After PENGASSAN crisis, Dangote refinery redeploys sacked workers to Borno, Zamfara, others

The Dangote Refinery has begun re-employing and redeploying several engineers, including graduate trainees, who were dismissed last month following a dispute with the Petroleum and Natural Gas Senior Staff Association…