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Home ยป ECONOMY ยป Page 27

Category Archives: ECONOMY

NNPC Denies Claim Of Port Harcourt Refinery Shutdown; Gives Fresh Update

Posted on December 21, 2024December 21, 2024 by GISTSMATE MEDIA

The Nigerian National Petroleum Company Limited (NNPCL) has denied claims in media reports that the newly refurbished Port Harcourt refinery […]

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How FG Plans To Slash Inflation From 34% To 15% In 2025

Posted on December 19, 2024December 19, 2024 by GISTSMATE MEDIA

The federal government has unveiled its strategy to reduce inflation from the current 34 percent in 2024 to a targeted […]

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Landing Cost Of Petrol Drops To N970 Per Litre โ€“ Marketers

Posted on December 19, 2024December 19, 2024 by GISTSMATE MEDIA

In a sign of stability in the downstream sector, the Major Energy Marketers Association of Nigeria, MEMAN, has said that […]

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FLASH: Customs Announces VAT Removal From Cooking Gas, CNG

Posted on December 19, 2024December 19, 2024 by GISTSMATE MEDIA

The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG) also […]

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2025 Budget Will Reduce Inflation To 15%, Bring Down Dollar To N1,500 โ€“ Tinubu

Posted on December 18, 2024December 18, 2024 by GISTSMATE MEDIA

President Bola Tinubu says the 2025 budget forecasts that inflation will decline from current 34.6% to 15% next year. He […]

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BREAKING: CBN Sets Daily Withdrawal Limit On POS To N100k Per Customer

Posted on December 17, 2024December 17, 2024 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. […]

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BREAKING: Nigeria Inflation Rate Rises Againย 

Posted on December 16, 2024December 16, 2024 by GISTSMATE MEDIA

  Nigeriaโ€™s annual inflation rate rose to 34.60 per cent in November from 33.88 per cent in October, the National […]

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FLASH: NNPC Reduces Petrol Pump Price

Posted on December 15, 2024December 15, 2024 by GISTSMATE MEDIA

The Nigerian National Petroleum Company Limited (NNPCL), has reduced the pump price of Premium Motor Spirit (PMS), also known as […]

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CBN Says 94% Of Cash In Circulation Outside Banks And Presently N4.3 Trillionย 

Posted on December 15, 2024December 15, 2024 by GISTSMATE MEDIA

The Central Bank of Nigeria has revealed that more than 94 per cent of the cash in circulation in the […]

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CBN Imposes N150m Fine On Banks Releasing New Notes To POS Operators, Others

Posted on December 14, 2024December 14, 2024 by GISTSMATE MEDIA

The Central Bank of Nigeria (CBN) has announced a fine of โ‚ฆ150 million on Deposit Money Banks found guilty of […]

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