Spread the love On November 13, 2025, the Nigerian Foreign Exchange Market (NFEM) observed a stable exchange rate of approximately[...]
Category: Business and Economy
FG Suspends 15% Import Duty on Petrol and DieselFG Suspends 15% Import Duty on Petrol and Diesel
0 Comments 15:50Spread the love The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the suspension of the planned 15%[...]
Tinubu Introduces 15% Import Duty on Petrol and DieselTinubu Introduces 15% Import Duty on Petrol and Diesel
0 Comments 09:53Spread the love President Bola Tinubu has introduced a 15% ad-valorem import duty on petrol and diesel imports to Nigeria,[...]
Naira Depreciation Not Necessarily Bad — IMFNaira Depreciation Not Necessarily Bad — IMF
0 Comments 08:56Spread the love The International Monetary Fund (IMF) has stated that the recent depreciation of the Naira is not inherently[...]
Dangote Refinery Stops Sales to Unregistered MarketersDangote Refinery Stops Sales to Unregistered Marketers
0 Comments 17:09Spread the love The Dangote Petroleum Refinery and Petrochemicals Limited has suspended self-collection gantry sales of petroleum products effective September[...]
Cooking Gas Price Jumps 44.5% in One Year — NBSCooking Gas Price Jumps 44.5% in One Year — NBS
0 Comments 15:08Spread the love According to the National Bureau of Statistics (NBS), the average retail price for refilling a 12.5kg cylinder[...]
Nigeria’s Inflation Rate Drops to 21.8% — NBSNigeria’s Inflation Rate Drops to 21.8% — NBS
0 Comments 15:29Spread the love The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate decreased to 21.88%[...]
Dangote Moves to Build Nigeria’s Largest Deep SeaportDangote Moves to Build Nigeria’s Largest Deep Seaport
0 Comments 11:55Spread the love Industrialist and Africa’s richest man, Aliko Dangote, has initiated formal processes to develop what could become Nigeria’s[...]
Naira Appreciates to N1,550/$ in Parallel MarketNaira Appreciates to N1,550/$ in Parallel Market
0 Comments 20:12Spread the love The Naira has appreciated to N1,550 per dollar in the parallel market, rising from N1,555 per dollar[...]
IMF Pledges Support for FIRS on Tax ReformsIMF Pledges Support for FIRS on Tax Reforms
0 Comments 09:47Spread the love The International Monetary Fund (IMF) has committed to supporting the Federal Inland Revenue Service (FIRS) in its[...]