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Nigeria @ 60: It makes no sense for oil to be cheaper in Nigeria than Saudi Arabia… Buhari
President Muhammadu Buhari, in an Independence Day broadcast on Thursday, said it makes no sense for Nigeria to sell petroleum products at prices lower than what it is obtainable in neighbouring countries.
Buhari said, “Petroleum…
In spite of Boko Haram, Borno grows IGR by 23.5 percent in 2019
By Michy Abraham in Maiduguri
Borno State was able to grow it’s internally generated revenue by 23.5 percent from N6.5 billion in 2018 to N8.2 billion in 2019, the Executive Chairman, Borno State Internal Revenue Service, Alhaji Ali…
Just in: FG lifts ban on Emirates Airlines
The Minister of Aviation, Hadi Sirika has announced the lifting of the ban placed on Emirates Airlines from operating in Nigeria.
The Minister announced this via his Twitter handle on Wednesday.
He tweeted, “UAE has written…
PIB passes through first reading in Senate
The Petroleum Industry Bill 2020 on Wednesday scaled through first reading on the floor of the Senate.
The Leader of the Senate, Yahaya Abdullahi, presented the proposed legislation and the President of the Senate, Ahmad Lawan,…
Just in: FEC approves N13.08trn 2021 budget proposal
The Federal Executive Council has okayed a budget estimate of N13.08trn for the 2021 fiscal year.
The fiscal document was approved at a meeting of the council on Wednesday presided over by the President Muhammadu Buhari.
The…
UK economy shrinks 19.8% in Q2 over COVID-19 pandemic
Britain’s economy shrank by almost a fifth in the second quarter, entering recession because of the nationwide coronavirus lockdown, revised official data showed on Wednesday.
Gross domestic product contracted by a record 19.8 per cent…
Lagos, Ogun jostle to collect tax from BBN winner, Laycon
The Lagos and Ogun state governments have asked the winner of the 2020 edition of the Big Brother Nigeria reality TV show, Olamilekan ‘Laycon’ Agbeleshe, to pay tax to them from his cash prize.
Lagos Internal Revenue Service…
NERC orders suspension of electricity tariff hike for 14 days
The Nigerian Electricity Regulatory Commission on Tuesday night issued an order suspending the September 1, 2020 hike in electricity tariffs for 14 days.
The nationwide strike planned by labour over the hike in fuel pump price and…
PIB: No plan to scrap NNPC says Timipre Sylva
Minister of State for Petroleum Resources, Timipre Silva, has debunked reports that the new Petroleum Industry Bill (PIB), does not accommodate the existence of the Nigerian National Petroleum Corporation (NNPC).
The Minister…
Abia to partner NSE for the promotion and development of SMEs
Governor Okezie Ikpeazu of Abia state has reaffirmed his administration's commitment to partner with the Nigerian Stock Exchange (NSE) in the promotion of Small and Medium Enterprises in the State.
The Governor spoke when he…