For 50 Years, We Were Spending The Money of Generations Yet Unborn— Tinubu
President Bola Ahmed Tinubu articulated on Thursday the rationale behind his administration’s economic reforms, saying the primary motive was protecting the interests of future generations. . “For 50 years, Nigeria was spending money of generations yet unborn and servicing the West coast of our subregion with fuel. It was getting difficult to plan for our […]
Joy is Coming! NNPCL Reduces Petrol Price Per Litre – Check The Latest Price
The Nigerian National Petroleum Company Limited (NNPCL) has lowered its petrol pump price from ₦945 to ₦860 per litre…..CONTINUE READING. This price adjustment was observed at several NNPCL retail outlets, where fuel dispensers have already been recalibrated to reflect the new rate. While there has been no official announcement yet, some fuel marketers have confirmed […]
Oyo Transport System Services Introduces Exclusive Abuja Ride
…….2nd March, 2025 Ibadan, Oyo State – Oyo Transport System Services has introduced an exclusive luxury travel service between Ibadan and Abuja, offering a unique travel experience at an unbeatable price. Under the leadership of Dr. Ibraheem Oladeji Salani (Dikko), the company is redefining luxury travel with its state-of-the-art landcraft, featuring: – Internet access […]
JUST IN: CBN Gives Banks New Order
The Central Bank of Nigeria (CBN) has directed all banks and financial institutions to publicly disclose details of dormant accounts, unclaimed balances, and other financial assets on their official websites. The directive, contained in a circular issued on Monday, is titled “Guidelines on Management of Dormant Accounts, Unclaimed Balances, and Other Financial Assets in Banks […]
REPS CALL FOR REVERSAL OF TELCOS’ TARIFF HIKE AS NEW PRICING TAKES EFFECT
Nigerian telecommunications operators have started implementing the long-awaited 50 per cent tariff hike following regulatory approval from the Nigerian Communications Commission as lawmakers moved to halt the rollout, citing economic hardship. The House of Representatives on Tuesday directed the telecom regulator and the Minister of Communications, Innovation, and Digital Economy to suspend the tariff increase, […]
CBN announces new ATM transaction fees, takes effect March 1, 2025
The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs). In a circular signed by John Onojah, acting director of financial policy and regulation department, the CBN said the revised charges will take effect from March 1. The regulator said the move would address rising operational […]
CBN Pledges Youth-Friendly Credit Policies to Drive Innovation, Economic Growth
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Friday vowed to accelerate friendly credit policies and capacity-building programmes to empower Nigerian youths to foster economic growth and innovation. Speaking at the Youth Action event with the theme, ‘The Youths are Here’ in Abuja, the CBN governor said the Bank was […]
BREAKING: NNPCL Increases Petrol Pump Price Amid Hardship
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol, also known as Premium Motor Spirit, from N965 to N990 per litre in Abuja. The price adjustment took effect nationwide on Tuesday, with Lagos prices rising from N925 to N960 per litre. Visits to several filling stations confirmed the changes. While […]
Dangote Refinery Announces New Petrol Price
In response to a sustained increase in the price of Brent crude, the global benchmark, the Dangote Petroleum Refinery, has announced a new price list for its customers for Premium Motor Spirit (PMS), commonly referred to as petrol or fuel. In a statement reportedly disseminated via email on Friday, The PUNCH quoted Dangote Refinery to […]
Why Nigerian Governors Forum Backs Tax Reforms
Why Nigerian Governors Forum Backs Tax Reforms The Nigeria Governors’ Forum (NGF) has endorsed a revised Value Added Tax (VAT) sharing formula, which it believes will ensure equitable distribution of Nigeria’s resources. The details were disclosed in a communiqué issued on Thursday and signed by AbdulRahman AbdulRazaq, Chairman of the Nigeria Governors’ Forum and Governor […]