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July 6, 2025

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“Return” on Petrol Subsidy: NNPCL and IMF Are at odds Over N8.43 trillion Loss

Joseph May 13, 2024
The Nigerian National Petroleum Company and the International Monetary Fund (IMF) are squabbling over allegations and denials over the covert reimbursement of petrol subsidies in…
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Tinubu Orders Suspension Of Cybersecurity Levy

Joseph May 12, 2024
The controversial cybersecurity levy proposal has been put on hold while the Central Bank of Nigeria conducts a review, per President Bola Tinubu’s directive. This…
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FG Is To Get $2.25 Billion World Bank Credit June 13

Joseph May 12, 2024
The Federal Government is set to receive new loan funds from the World Bank on June 13, 2024, with approval for loans totaling $2.25 billion.…
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Electricity Tariff: Labour Plans NEC Meeting Before Protest

Joseph May 11, 2024
The Organised Labour will hold a National Executive Council meeting prior to the planned picketing of Nigerian Electricity Regulatory Commission offices against the electricity pricing…
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Mohammed Idris: Diversionary Report on Alleged Bribery at Binance

Joseph May 10, 2024
In a statement published on Tuesday, Binance CEO Richard Teng claimed that during a meeting at the National Assembly Complex in January, representatives of Binance…
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NAFDAC Closes ₦50 Million Illegal Alcohol Factory in Lagos 

Joseph May 10, 2024
With the assistance of intelligence from the Nigerian Army’s 15 Field Engineering Regiment in Badagry, the enforcement officers of the National Agency for Food and…
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FG Plans New Sharing Formula and Additional VAT Increase

Joseph May 9, 2024
According to the presidential committee on fiscal policy and tax changes, raising the value-added tax (VAT) rate is necessary. The VAT revenue-sharing formula would be…
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Police Look Into E-Money Regarding N1.2 Billion Debt With Lagos Company

Joseph May 9, 2024
The Force Criminal Investigation Department Annex, Alagbon, is looking into the N1, 209,200,000 dispute that the Chief Executive Officer of Emy Cargo and Shipping Services…
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Petroleum marketers criticise FG policies, blaming a lack of refining capacity on shortages.

Joseph May 8, 2024
The current fuel shortage has been blamed by the Independent Petroleum Marketers Association of Nigeria on a mix of uneven government policy in the petroleum…
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Shettima Cancels US Trip, Citing Aircraft Problems

Joseph May 7, 2024
Vice President Kashim Shettima’s intended journey to the US to attend the 2024 US-Africa Business Summit in Dallas, Texas, has been cancelled. Instead, he took…
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