Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
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.
Segilola Resources Operating Limited continues to set new standards in human resource management, securing its second consecutive CIPM award while transforming Nigeria's mining sector through exceptional workforce development.
Shell records massive profit jump to $7.7 billion amid rising oil prices, signaling positive trends for Nigeria's oil-dependent economy and energy sector investments.
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.
Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
Despite Nigeria's tough economic climate, a leading insurance company reports impressive 15% premium growth, reaching N15.3 billion while maintaining strong profitability metrics.
Nigerian student groups are urging President Tinubu to prioritize domestic refining by allocating all crude oil to Dangote Refinery, promising cheaper fuel and economic revival.
Nigerian students unite in calling for domestic crude oil allocation to boost local refining capacity and tackle fuel scarcity crisis.
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
Indigenous contractors across Nigeria are threatening nationwide protests as Federal Government fails to pay for completed 2024 projects, creating financial crisis in construction sector.
Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
Federal government rallies marine engineers to harness Nigeria's vast ocean resources through sustainable practices and technological innovation for economic growth.
Shocking investigation reveals sophisticated extortion networks draining Nigeria's economy through ports and trade routes, with devastating impact on businesses and consumers.
Experts reveal how adopting Lagos State's comprehensive blue economy framework could unlock Nigeria's massive maritime potential and transform coastal communities.
Former CBN Governor Lamido Sanusi exposes how postponed fuel subsidy elimination triggered Nigeria's current economic hardship during Kaduna book launch.
Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.
Nigeria's premier banking institution, FirstBank, has successfully redeemed its $350 million Eurobond, demonstrating robust financial health and reinforcing investor confidence in the Nigerian banking sector.
Former CBN Governor Sanusi Lamido Sanusi reveals how Boko Haram insurgency compelled President Goodluck Jonathan to reverse fuel subsidy removal in 2012, exposing the intricate link between terrorism and economic policy in Nigeria.
Significant economic boost expected as 16 vessels carrying petroleum products, general cargo, and containers prepare to dock at Lagos ports this week, enhancing Nigeria's supply chain.
Nigeria's telecommunications sector welcomes a new player as the latest GSM operator announces nationwide rollout with competitive tariffs and enhanced connectivity.