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New Petrol Price Imminent As Landing Cost Hits ₦180 Per Litre
THERE were indications, Monday, that stakeholders would soon emerge with a new price of petrol as the landing cost of the product rose from N151 to N180 per litre, due mainly to rising price of crude oil in the international market.
The…
Nigeria’s SEC Plans To Regulate Crypto On Hold In Light Of Central Bank Ban
Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold in light of the central bank’s decision to ban them, according to a report by the Guardian Nigeria.
The…
Sabo Nanono Endorses Nigeria Young Farmers Network (Photos) – Agriculture
Minister of Agriculture Endorses Nigeria Young Farmers Network, Reiterates Calls For Stakeholders Support
The Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono has endorsed the Nigeria Young Farmers Network and…
Petrol Price May Hit ₦190 As Oil Nears $60
Marketers have said with the current realities in the global crude oil markets, the price of Premium Motor Spirit (petrol) in Nigeria should be between N185 and N200 per litre, unless the government wants to subsidise the product, ’FEMI…
World Bank Approves $500 Million To Support Nigeria’s Power Sector
The World Bank announced on Friday that it had approved $500m to support the government of Nigeria in improving its electricity distribution sector.
The bank said the project would help boost electricity access by improving the…
President Erdogan tests Turkey’s first driverless electric bus
Ankara, TURKEY:- Turkish President Recep Tayyip Erdogan has on Monday tested the country’s first locally manufactured driverless electric bus produced by Turkish engineers.
VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS
The Nigerian government generated a total sum of 1.53 trillion naira revenue from Value Added Tax (VAT) in 2020, up by 29.3% when compared to 1.18 trillion naira recorded in 2019.
This is according to the Sectoral value-added tax report,…
Osinbajo To Commission Industrial Park In Anambra
The Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, in few weeks time will visit Anambra State to commission an all-inclusive industrial park.
Tribune Online gathered that the industrial park is the Federal…
Nigeria Spent ₦1.85 Trillion On Food Import During Border Closure
Buhari’s economic adviser raises food security alarm
Nigeria spent N1.85 trillion to import food for nine months during the closure of international land borders, President Muhammadu Buhari’s chief economic adviser has said.
According…
Fuel Subsidy Returns As Open Market Price Of Petrol Hits ₦183 Per Litre
The increment in the price of crude oil at the international market has pushed the price of Premium Motor Spirit (PMS) landing cost to N160 per litre.
The Guardian learnt yesterday in Abuja that the while the landing cost was N160 as at…