In recent years, Nigeria has witnessed an increasing trend of multinational and local companies shutting down or relocating their operations […]
Continue readingCategory Archives: ECONOMY
Fuel Supply To Increase As FG Grants Licenses For Companies To Operate Refineries In Nigeria
Nigeria’s fuel supply is set to increase as the Federal Government, through the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA) […]
Continue reading
Ghana To Import Petroleum From Dangote Refinery – Official
The National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost […]
Continue reading
BREAKING: NNPC Increases Fuel Price Again (See New Prices)
GISTSMATE MEDIA reports that the Nigeria National petroleum company (NNPC) has increased fuel prices in the country. The increase, which […]
Continue reading
FLASH: No Deadline For Circulation of Old Naira Notes – CBN Debunks Report
The central Bank of Nigeria on Thursday, October 24, debunked reports that the old naira notes of N200, N500 and […]
Continue reading
FG Plans To Progressively Raise VAT Rate To 15% – Report
The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%. […]
Continue reading
FLASH: Reps Considering Increasing Derivation To 50 Percent
The House of Representatives is considering a constitutional amendment bill aimed at increasing the derivation fund from the current “not […]
Continue reading
BREAKING: Old 200, 500 And 1000 Naira Will No Longer Be Legal Tender After December 31, 2024
The House of Representatives has asked the Central Bank of Nigeria(CBN) to make available more new notes of N200, N500 […]
Continue reading
BREAKING: Nigeria’s Public Debt Hits N134.3 Trillion In Q2 2024
Nigeria’s public debt has reached an all-time high of N134.3 trillion, as of the end of the second quarter of […]
Continue reading
FG Bans Exports Of Cooking Gas To Address Skyrocketing Price
Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas), has directed the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and Liquefied […]
Continue reading