The federal government and the Organised Labour failed to reach a consensus on the contentious issue of fuel subsidy removal yesterday. The meeting, which was aimed at addressing the concerns of Nigerian workers regarding the impact of the subsidy removal, ...
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Feed SubscriptionNigeria’s Tax-to-GDP Ratio Rises To 10.86 Per Cent
Nigeria’s tax-to-Gross Domestic Product ratio, which in the last 12 years, hovered around five to six per cent, has risen to 10.86 per cent by the end of 2021. The new ratio was communicated to the Federal Inland Revenue Service ...
Read More »Zenith Bank Named Africa’s Best Corporate Governance Financial Services
For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the Spring 2023 edition of The Ethical Boardroom magazine, is ...
Read More »Subsidy Removal: Fuel Pump Price Hits N600 In States
…We expect fierce opposition from subsidy beneficiaries – Presidency …FG owes NNPC N2.8trn subsidy payment – Kyari …IPMAN demands release of paid products …Analysts fear inflation may rise Fuel queues which resurfaced across the country on Monday grew longer yesterday, ...
Read More »Stock Market Gains N1.51trn, Biggest Single-day Gain In 2 Years
The Nigerian stock market reacted positively to the inauguration of President Bola Tinubu, as the benchmark index closed 5.23 per cent stronger – the biggest single-day gain since 12 November 2020 – to settle at 55,745.74 points. The Nigeria stock ...
Read More »Dollar Gains To N9 At Black Market As Tinubu Vows To Unify Exchange Rate
Nigeria’s unofficial foreign exchange market reacted positively on the inauguration day of Bola Ahmed Tinubu as Nigeria’s 16th President. The black market opened on Monday at N763 against the US dollar but dropped by N9 at the close of trade. ...
Read More »NNPCL Backs Fuel Subsidy Removal, Promises To Sustain Product Availability
The Nigerian National Petroleum Company Limited (NNPCL), has applauded the decision by the Federal Government to remove subsidy on Premium Motor Spirit (PMS), also called Petrol. In the first policy directive of his administration, President Bola Tinubu, on Monday, had ...
Read More »Asset Declaration: 4 Years After, I’m More Poorer As Gov – Makinde
Re-elected governor of Oyo State, Seyi Makinde, has declared that he is more poorer in terms of assets after serving the people of the State in the last four years. Makinde said he had lost about 12 per cent of ...
Read More »Southern, Middle Belt Leaders Tell Buhari To Rescind $800m Loan Request
The Southern and Middle Belt Leaders Forum (SMBLF) has called on President Muhammadu Buhari to rescind his request for the approval of $800 million loan request from the World Bank. Buhari had written the Senate and House of Representatives to ...
Read More »Banks Can Now Issue NIN Cards To Nigerians – FG
The Federal Government says Nigerians can now request their commercial banks to issue them with a debit card which doubles as their National Identity Card at no extra cost. Minister of Communications and Digital Economy, Prof Isa Pantami, who disclosed ...
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