CATEGORY
Economy
FIRS Generates Record N5.5trn Revenue in Six Months
Editor -
The Federal Inland Revenue Service (FIRS) has generated a total tax revenue of N5.5 trillion from January to June 2023.
This is the highest tax...
FG, States, LGAs To Share N1.959Trn FAAC Allocation For July 2023
Editor -
Federal Government, States and Local Government Councils are set to share N1.959 Trillion from Federation Account Allocation Committee (FAAC) for July 2023, MoneyCentral reports.
This...
NLC Opposes Tinubu’s N500bn Palliative
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The Nigeria Labour Congress (NLC) has kicked against the plan by the Federal Government to distribute N500bn as palliatives to Nigerians and government officials...
Fuel Subsidy Removal: President Tinubu To Review N8,000 Monthly Palliative
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President Bola Tinubu has ordered a review of his administration’s plan for a monthly palliative of N8,000 transfer to 12 million of the poorest...
Petrol Prices Driven By Market Forces- Says NNPCL
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The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, said market forces are behind the increase in petrol...
NNPC Adjusts Petrol Price To N568 in Lagos, N617 in Abuja
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Nigerian National Petroleum Company Limited (NNPC Ltd) retail outlet has increased fuel price in Abuja to N617 per litre, and Lagos to N568 per...
Nigeria’s Daily Petrol Consumption Falls By 35 Per Cent To 46.38m Litres
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said Nigeria’s daily petrol consumption has fallen from 65 million litres per day to 46.38...
Okonjo-Iweala Says ‘Poor Countries Hardest Hit’ of Russia-Ukraine Grain Deal Collapse
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The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has faulted Russia’s decision to halt Black Sea Grain Initiative.
In a tweet on Monday,...
Nigeria’s Inflation Hits 22.79% On High Food Prices
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The Nigeria’s inflation rose to 22.79% for the month of June, according to latest report released by the National Bureau of Statistics (NBS).
The headline...
Akinwumi Adesina: Transformed Agriculture in Nigeria, Now Taking AfDB to Greater Heights
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A few days ago, President Bola Ahmed Tinubu declared a national food emergency.
Given the global impacts of the war in Ukraine on fertilizer and...