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Dangote Petroleum Refinery Friday , raised its Premium Motor Spirit (petrol) gantry price to N995 per litre, representing a N221 increase within four days. The price had earlier moved from N774 to N874 per litre earlier in the week before the latest adjustment.The industry linked the hike to volatility in the global oil market and…
First Edition of the Enugu Campus Hackathon was not merely a competition — it was the launch of a structured, detailed accelerator programme designed to institutionalise an investment-ready venture pipeline in Enugu State. This is a disciplined founder development and capital deployment platform, built to identify, formalise, accelerate, and fund high-potential startups emerging from our…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says Nigeria is playing a strategic role in advancing Africa’s long-envisioned single currency agenda. He made the remarks in Abuja following the decision of the African Union (AU) to grant Nigeria permanent membership on the Board of the African Monetary Institute (AMI), a key institution…
Governor of Enugu State, Dr. Peter Mbah, has called for a more humane, transparent and coordinated approach to tax administration, urging tax managers across the South-East to prioritise staff training, taxpayer education and advisory services as Nigeria embarks on tax reforms. The governor made the call on Thursday at the South-East Zonal Sensitisation Programme organised…
Enugu State Government has hosted a four-Day Federation Account Allocation Committee (FAAC) Postmortem Sub-Committee retreat , stressing that eliminating revenue leakages in the Federation Account is critical to Nigeria’s fiscal sustainability and long-term economic stability Enugu state Governor ,Dr. Peter Mbah The state Governor ,Dr. Peter Mbah, made this known while declaring open the FAAC…
Enugu State Government has hosted a four-Day Federation Account Allocation Committee (FAAC) Postmortem Sub-Committee retreat , stressing that eliminating revenue leakages in the Federation Account is critical to Nigeria’s fiscal sustainability and long-term economic stability. Enugu state Governor ,Dr. Peter Mbah The state Governor ,Dr. Peter Mbah, made this known while declaring open the FAAC…
Federal Government of Nigeria has approved the purchase of two new communication satellites to boost Nigeria’s digital infrastructure and support President Bola Tinubu’s plan to grow the economy to $1tillion. The Minister of Communications and Digital Economy, Bosun Tijani, disclosed this on Wednesday in Abuja at a press conference to mark Global Privacy Day 2026,…
Determined to build abstrong and sustainable economy in the South West geo-political zone of Nigeria, the South-West states have proposed a combined budget of N8.7tn for 2026, with capital expenditure accounting for more than half of total spending. This was disclosed on Tuesday, by the Development Agenda for Western Nigeria Commission( (DAWN Commission)at the Commission’s…
International Monetary Fund (IMF) has endorsed Nigeria’s December 2025 inflation outcome and the revised inflation methodology adopted by the National Bureau of Statistics (NBS), describing the changes as consistent with international best practice and supportive of macroeconomic stability. In a statement issued on Thursday by the Office Manager to the IMF Resident Representative for Nigeria, Laraba Bonet. on behalf of the…
Nigeria Revenue Service (NRS) has denied rumours making the rounds that it imposed new Value-Added Tax (VAT) on banking services, including electronic money transfer, fees and commissions. Dare Adekanmbi Special Adviser on Media to the Executive Chairman of NRS, Zach Adedeji disclosed in a statement in Abuja on Thursday, describing the reports as incorrect and…