Browsing Category
Business
78 Companies lobby to rehabilitate NNPC Pipelines, Depots says Kyari
At least 78 companies have submitted virtual bids to rehabilitate downstream pipelines, associated depots and terminal infrastructure through the finance, build, operate and transfer model, the Nigerian National Petroleum Corporation (NNPC)…
FG apologises after asking account holders to re-register
The Federal Government on Friday apologised for asking all account holders in financial institutions in the country to re-register their personal details.
The Federal Government had on Thursday ordered that all persons holding…
FG reviews treasury forms, other accounting source documents—AGF
The Office of the Accountant-General of the Federation (OAGF) has started a comprehensive review of treasury forms and other accounting source documents in use in all Federal Ministries, Department and Agencies (MDAs).
Mr…
FIRS reports rise in contribution of non-oil sector to total tax revenue
The Federal Inland Revenue Service (FIRS) on Thursday said non-oil tax receipts have been contributing about 75 to 90 per cent of total tax revenue in recent months.
Executive Chairman of the FIRS, Muhammad Nami, disclosing this…
Petroleum tanker drivers to cut of distribution to northern states tomorrow
Petroleum Tanker Drivers union, (PTD), on Wednesday, ordered members to halt distribution of petroleum products from Lagos to the northern part of the country from tomorrow (Thursday) till further notice.
The union, in a…
Petrol, electricity tariff hike: TUC vows to proceed on strike, as meeting with government ends in…
The Trade Union Congress (TUC) has vowed to proceed with its planned indefinite strike and nationwide protest billed to commence from Wednesday, September 23, accusing the federal government of being insensitive to the plight of…
Again, Naira crashes, exchanges at N460/$
Despite the resumption of for. Sales to the Bureau de Change operators by the Central Bank of Nigeria (CBN), the Naira continued its free fall on Tuesday, exchanging at N460 to a dollar in the parallel market.
It had earlier…
Service reflective tariff will bring growth to power sector – EKEDC
Eko Electricity Distribution Company (EKEDC) says the newly introduced Service Reflective Tariff (SRT) is designed to benefit electricity customers as it will bring about desired growth in the sector.
The new electricity tariff came to…
FG inaugurates flood, erosion control projects at ABU Zaria
The Federal Government on Tuesday in Zaria, Kaduna State inaugurated flood and erosion control works at phase two site of Ahamdu Bello University Zaria.
The Secretary to Government of the Federation (SGF), Boss Mustapha who inaugurated the…
Nigeria’s inflation hits 13.22%, highest since April 2018
Nigeria's inflation rate rose to 13.22 per cent in August, according to latest figures released by the National Bureau of Statistics on Tuesday.
The inflation rate for August was the biggest increase so far this year.
Also, the…