NPA increases port charges by 15%, cites need for infrastructure upgrades
The Nigerian Ports Authority (NPA) has announced a 15% upward review of its port charges, citing the need for competitiveness and infrastructural development. This marks […]
Business
Telecom Tariff Hike: We’re Proceeding On Strike, Nationwide Protest – TUC
The Trade Union Congress of Nigeria (TUC) has vowed to “down tools,” arguing that citizens are “feeding from hand to mouth” following the recent hike […]
NNPC Ltd/First E&P JV Achieves 96% Reduction in Routine Gas Flaring
PRESS RELEASE In a significant stride towards supporting Nigeria’s commitment to reducing greenhouse gas emissions by 20% unconditionally and 47% conditionally, as stipulated in the […]
CBN Issues Fresh Order To BDCs, Dealer Banks On FOREX Purchase
Bureau de Change operators and Authorised Dealer Banks have been directed to only purchase up to $25,000 FX for their weekly operations.The approval was given […]
Nigeria’s Foreign Reserves Drop By $1.19billion In Three Weeks
Nigeria’s foreign reserves have suffered a significant drop, dropping by $1.19 billion in just three weeks under President Bola Tinubu’s administration. This was disclosed in […]
Petrol Blended In Malta Still Being Imported Into Nigeria – Energy Expert
Despite the operation of Dangote Refinery and two refineries belonging to the Nigerian government resuming operations, an energy expert, Kelvin Emmanuel, says blended Premium Motor Spirit […]
Nigerians on X Criticize Dangote Proxy Kelvin Emmanuel for Undermining Port Harcourt and Warri Refineries
In recent days, Nigerians have taken to social media platform X to voice their frustrations with Kelvin Emmanuel, a close associate of Africa’s richest man, […]
NCAA Summons Kenya Airways Over Treatment Of Nigeria Passenger
1. There is a long history of maltreatment against your airline, of Nigerian passengers. These passengers include staff of the NCAA. 2. I have advised the passenger […]
FG Plans Fresh Electricity Tariff Hike
The federal government says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to […]
FG To Spend $600 Milion Yearly On Electricity Subsidy
The Federal Government has announced plans to introduce an annual electricity subsidy of $600m for all customers from 2025 as part of efforts to reform […]