MFM General Overseer Olukoya opens trade fair for SMEs
The General Overseer of Mountain of Fire and Miracles Ministries, Dr Daniel Olukoya, on Saturday, urged Nigerians and members of his church to remain resilient and grab the opportunities within their reach. Olukoya said this during the inauguration of the Seminal/Trade Fair Extravaganza organised by the church for over 200 Small and Medium Enterprises at […]
Inflation Rose to 32.70% in September 2024—NBS
Nigeria’s headline inflation rate for September 2024 rose to 32.70 per cent after slowing consecutively in the previous two months of July and August. This was according to the latest Consumer Price Index report from the National Bureau of Statistics. It is a marginal increase of 0.55 per cent from the August 2024 figure of […]
Now That Petroleum Marketers Can Buy Directly From Refineries, What Will Happen to Pricing?
As part of the transition towards a deregulated market structure for Premium Motor Spirit (PMS), the federal government has authorised petroleum product marketers to purchase PMS directly from local refineries. PDP Suspends National Chairman, Other Over Alleged Anti-party Activity This was announced on Friday in a statement signed by Wale Edun, the Minister of Finance […]
EXCLUSIVE: Real Reason NNPC Increased Petrol Price To N998 Per Litre
A litre of premium motor spirit (PMS) popularly called petrol has hit N977 at the Dangote Refinery, major supplier of the product to the Nigerian National Petroleum Company Limited (NNPCL), Platforms Africa can report authoritatively. Findings exclusively conducted by NewsBreakNaija showed that this has led to the adjustment in pump price by the NNPCL as full […]
You Won’t Believe It! 26 States Received ZERO Foreign Investment in One Year—Number 4 And 12 Will Sh*ck You!
A staggering report from the National Bureau of Statistics (NBS) has revealed that 26 states in Nigeria received no foreign investments between Q2 2023 and Q2 2024. This lack of investment not only reflects poorly on the states but also raises serious questions about their economic policies and overall attractiveness to investors. The states that […]
Plans Announced By Nigerian Government To Create One Million Employment Opportunities
The Federal Government has announced its commitment to creating one million jobs as part of efforts to address youth unemployment across all 774 local government areas in the country. Egalitrian Voice reports that Minister of State for Youth Development, Ayodele Olawande, made the announcement on Friday in Abuja. He emphasized the government’s dedication to educating, […]
Another Nigerian Refinery Set to Begin Selling Fuel to Marketers
Another Nigerian Refinery Set to Begin Selling Fuel to Marketers Oil marketers have visited the Port Harcourt Refinery Company in Rivers State and expressed hope that the facility may start releasing refined petroleum products this month. The Independent Petroleum Marketers Association of Nigeria (IPMAN) members said the facility’s rehabilitation has been mainly completed. […]
Lagos State Government Suspends Food Discount Market Tagged ‘Ounje Eko’ Initiative
The Lagos State government has announced the indefinite suspension of its ‘Ounje Eko’ Food Discount Markets initiative. Adekunle Adedeji, the Director-General of Eko-Bulletin, made the announcement in a statement addressed to campus directors and representatives dated 17/09/2024. Titled: “Temporary Closure Of Ounje Eko Initiative,” the statement noted that the closure would be temporary. The statement, […]
State Gov’t Set to Ban Pure Water, Pet Bottles by January 2025
State Gov’t Set to Ban Pure Water, Pet Bottles by January 2025 The Lagos State Government has announced plans to ban the circulation of single-use plastics (SUPs), such as pet bottles and sachet water, beginning in January 2025. This move follows the government’s earlier ban on styrofoam usage in January 2024, in response to the […]
First bank, Other Banks Announce New Closing Time, Branches Closure
Nigerian commercial banks and other financial institutions will not operate between 8am to 4pm on Monday, September 30, 2024, and Tuesday, October 1, 2024. This is in observance of this year’s (2024) Independence Day celebration, as announced by the federal government. The bank has apologised for the inconvenience and announced that regular services have been […]