The landing cost of petrol is ₦35 higher than the pump price of ₦145 per litre. The Minister of State for Petroleum Resources, Ibe Kachikwu,…
The consumer price index, which measures inflation, dropped to 11.25 percent year-on-year in March 2019. This is 0.06 percentage points lower than the 11.31 percent…
SX-listed Canadian mineral exploration company Thor Explorations says it has received committee-level approval for $78 million of financing from the Africa Finance Corporation for development…
Stakeholders in sugar production have expressed worry over the “incessant smuggling” of refined product into Nigeria through its land borders. The concern, according the general…
Data from the NBS shows that States and Federal governments’ debt stock as at 31 December, 2018 reflecting foreign and domestic debts stood at $25.27…
The Anambra Motor Manufacturing Company will start manufacturing vehicles in Nigeria after its re-branding. CEO, Godwin Ubaka Okeke, said that the firm is partnering with…
Daily Watch – Senate recommends tax increase on luxury goods, Nigeria plans aircraft leasing company
The Senate has asked the FG to consider increasing taxes on luxury goods to boost revenues. The recommendation was made while looking into the 2019…
Zenith Bank has appointed Ebenezer Onyeagwu as its Group Managing Director and CEO to succeed Peter Amangbo whose tenure expires on Friday, 31 May, 2019.…
The Shell Petroleum Development Company has received another order from the Nigerian Senate to respect its earlier resolution that mandated it to pay ₦6.9 billion…
Nigeria is building a new deep-sea port and considering two additional facilities to ease congestion in the main harbours of Lagos state, which currently handle…
