Nigeria suspends 15% import tax on fuel
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
The IEA reports renewable energy is expanding faster than fossil fuels globally, with oil demand peaking around 2030. Discover the key trends shaping Nigeria's energy future.
President Bola Tinubu has received the official report on the devastating Christmas Eve attacks in Plateau State that claimed over 150 lives. Discover the government's urgent response plan.
Federal Government exposes massive electricity theft as majority of consumers illegally bypass prepaid meters, costing billions in revenue losses and threatening power sector stability.
Leading power generation companies Jubaili Bros and Perkins Engines have launched innovative power solutions while mapping Nigeria's energy transition pathway towards sustainable development.
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
Latest NCC data reveals surprising telecom trends: SIM card registrations surge while data usage experiences unexpected decline, signaling shifting consumer behavior in Nigeria's digital landscape.
Growing outrage as Federal University Oye-Ekiti faces scrutiny over alleged N387 million financial discrepancies. Nigerian citizens call for education minister's intervention.
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
Groundbreaking WTO analysis projects Africa's economic rise to global top four within decades, driven by population growth and strategic investments.
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Nigeria intensifies call for international cooperation as European Union exposes criminal networks controlling majority of migration flows from Africa.
Music streaming giant Spotify continues its impressive growth streak, adding 10 million premium subscribers and reaching new revenue milestones despite market challenges.
African aviation sector experiences remarkable cargo demand surge as IATA reveals September 2024 statistics showing robust 14.7% year-over-year growth, outpacing global trends.
Nigerian petrol marketers react strongly to President Tinubu's new 15% import tax policy, warning of severe consequences for fuel prices and economic stability across Nigeria.
New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.
Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.
Shocking new data projects over 34 million Nigerians will experience acute food insecurity in the coming years. Discover the driving factors and urgent solutions needed to prevent this looming catastrophe.
Groundbreaking Nigerian innovation transforms plastic pollution into valuable diesel fuel, offering dual solution to environmental waste and energy security challenges while creating economic opportunities.
Nigerians face higher fuel costs as Federal Government introduces 15% levy on imported petroleum products. Learn how this tariff will impact petrol and diesel prices across the country.
Anambra State has emerged as Nigeria's top-performing state in fiscal management, according to the latest state performance ranking report. Discover which states made the top five and how your state performed.
Nigeria faces economic uncertainty as NBS fails to release crucial GDP figures amid nationwide strike, leaving investors and policymakers in the dark about economic performance.
President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.
In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.
In a major economic move, President Bola Tinubu has approved a 15% import duty reduction on petroleum products. Discover how this decision could affect fuel prices across Nigeria.
In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost economic activities across Nigeria.
New UN report reveals staggering $3.1 trillion needed for climate adaptation in Nigeria and other developing countries, with current funding falling dangerously short of urgent needs.
Aviation giant Boeing faces financial turbulence with huge losses and extended delays for its flagship 777X aircraft, impacting global aviation industry.
Nigeria pioneers innovative technology converting plastic pollution into clean diesel, tackling waste crisis while creating sustainable energy solutions.
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.