BUSINESS
Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos
Residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400...
Politicians More Affected By CBN’s Cash Withdrawal Limit, Says CAN President
The President of the Christian Association of Nigeria, Most Reverend Daniel Okoh, has said the new cash withdrawal limit of the Central Bank of Nigeria will have more impact on politicians. Speaking at the thanksgiving service of the new president of the Organisation of African Instituted Churches, Nigeria Region, Okoh who was represented by the immediate president of OAIC, Napo...
Uber, Bolt Drivers Begin Nationwide Strike
The Amalgamated Union of App-based Transport Workers of Nigeria, comprising drivers under the platform of e-hailing companies like Uber and Bolt, has said it will commence a nationwide protest today (Wednesday). It planned to withdraw services of its drivers from the general public today. After the hike in the price of Premium Motor Spirit, the drivers decried the low fare increase...
“Nigeria’s Gross Domestic Increases By 4.23%” – NBS
Nigeria’s Gross Domestic Product rose by 4.23 per cent year-on-year in real terms in the second quarter of 2025, according to the latest figures released on Monday by the National Bureau of Statistics. The performance was stronger than the 3.48 per cent growth recorded in the same period of 2024, showing that the economy gained momentum despite persistent structural challenges....
US Removes Reciprocity Visa Fees For Nigerians
The federal government announced on Saturday that the United States has removed all visa reciprocity fees for Nigerians seeking visas to the country with effect from December 3. Disclosing this at the weekend, the Ministry of Foreign Affairs said the development was sequel to the removal of excess visa application, processing, and biometric fees for American citizens applying for Nigerian...
DSTV, GoTV Users To Pay More From May 1 As Multichoice Announce Price Increase
MultiChoice Nigeria, on Tuesday, announced an upward review of prices on its DStv and GOtv packages by 17 per cent. This was confirmed in a text message sent to customers that the new rates will take effect on May 1, 2023. The pay-tv firm said the price adjustment was due to the rising costs of business operations. “Please note that from May...
FG Sets Up Centres For Nigerians To Buy Rice ₦40,000 — Minister
The Federal Government has called for calm on the proposed nationwide protest, saying it had created centres across the country where Nigerians can purchase a 50kg bag of rice for ₦40,000. This was revealed by the Minister of Information and National Orientation, Mohammed Idris while briefing correspondents on the outcome of the Federal Executive Council meeting presided over by President...
Nigerians May Buy One Litre Of Fuel For N340 In 2022 If… Kyari
Mele Kyari, the Managing Director of the Nigerian National Petroleum Corporation (NNPC), on Tuesday said that subsidy would have been eliminated in 2020 but certain factors hampered it. He, however, said that the law provides that by the end of February 2022, Nigeria should be out of the subsidy reign. Kyari said this at the presentation of the World Bank Nigeria...
We Generated The Highest Revenue Of N6.4 Trn In 2021 — FIRS
The Federal Inland Revenue Service (FIRS) generated a record N6.4 trillion as revenue in 2021, the highest in its history. Last year's revenue collection exceeded that of 2019 when the agency raked in N5.3 trillion under the administration of Babatunde Fowler. Spokesman to FIRS Chairman, Oluwatobi Wojuola, who disclosed this via a statement issued on Thursday said that despite the limitations...
“We’re Robbing Our Children To Pay For Our Greed” — Atiku Tackles FG On Rising Debt
Atiku Abubakar, the former vice-president, has again tackled the federal government on Nigeria’s rising debt profile, accusing it of “squandering the opportunities of future generations”. In an article on Tuesday, the former presidential candidate said the federal government should “drastically” reduce its expenditure to cushion the effect of the country’s high debt. Atiku quoted figures from the medium-term expenditure framework and...
