Business - Page 154

Darkness As National Grid Collapses Again

Sixth National Grid Collapse in 2024 On Monday, October 14, 2024, Nigeria’s National Grid collapsed again, plunging the country into total darkness. This marks the sixth time the grid has failed this

Emmanuel Ochayi

October 14, 2024

Business·News·Oil & Gas

Petrol Smugglers Profited N17 Million per Truck Under Subsidy Regime – NNPCL

NNPCL’s Group Chief Executive Officer Reveals Major Losses from Smuggling The Nigerian National Petroleum Corporation Limited (NNPCL) has revealed that during the fuel subsidy regime, petrol smugglers were making enormous profits, with

Emmanuel Ochayi

October 14, 2024

Business·News

Nigerian Govt Proposes Tax Instalment Payment Option In New Bill

Nigeria’s New Tax Bill Offers Instalment Payment Option The Federal Government of Nigeria has introduced a significant change to its tax system by proposing an option for individuals to pay their taxes

Emmanuel Ochayi

October 14, 2024

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Business·News·Oil & Gas

NNPCL Under Fire To Remove ‘Hidden Levies’ On Dangote Fuel Prices

The Nigeria National Petroleum Company Limited (NNPCL) has been urged to remove unnecessary charges that are inflating the cost of fuel supplied by Dangote Refinery in the country. A group known as

Victor Ezeja

October 14, 2024

Business·FEATURES·News·Oil & Gas

Trekking Through Inflation: Nigerians Struggle With Rising Petrol Prices

Since the fuel subsidy removal on May 29, 2023, Nigerians have faced soaring petrol prices disrupting daily life and pushing many into financial hardship. With fuel costs climbing, inflation has surged, making

Emmanuel Ochayi

October 14, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th October 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market

Victor Ezeja

October 14, 2024

Business·FEATURES·News

Hardship: Tinubu’s Hollow Promises Leave Nigerians In Despair

Nigerians Despair Over Unfulfilled Promises On May 29, 2023, Nigeria’s President Ahmed Bola Tinubu made a significant decision that changed the country’s economy: the removal of oil subsidies. This action has had

Emmanuel Ochayi

October 14, 2024

SERAP Urges Tinubu To Reverse Second Petrol Price Hike By NNPC Amid Ongoing Court Case

Business·News·Oil & Gas

SERAP Urges Tinubu To Reverse Second Petrol Price Hike By NNPC Pending Court Verdict

SERAP Challenges Petrol Price Hike in Court The Socio-Economic Rights and Accountability Project (SERAP) has expressed deep concerns over the recent increase in petrol prices by the Nigerian National Petroleum Company (NNPC)

Emmanuel Ochayi

October 14, 2024

Business·News

Nigerian Govt Earns N103.7bn From Digital Cash Transfer Levies

Digital Cash Transfer Boosts Government Revenue The Federal Government of Nigeria has earned N103.7bn in revenue through Digital Cash Transfer levies in the first half of 2024. This represents a 7.55% rise

Emmanuel Ochayi

October 14, 2024

Business

SEC, NGX Group Drive Financial Literacy During World Investor Week

Nigerian Exchange Group Plc (NGX Group), working with the Securities and Exchange Commission (SEC) and other market operators, hosted some exciting events during the International Organisation of Securities Commissions (IOSCO) World Investor

Victor Ezeja

October 14, 2024

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Business - Page 154

Darkness As National Grid Collapses Again

Petrol Smugglers Profited N17 Million per Truck Under Subsidy Regime – NNPCL

Nigerian Govt Proposes Tax Instalment Payment Option In New Bill

NNPCL Under Fire To Remove ‘Hidden Levies’ On Dangote Fuel Prices

Trekking Through Inflation: Nigerians Struggle With Rising Petrol Prices

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th October 2024

Hardship: Tinubu’s Hollow Promises Leave Nigerians In Despair

SERAP Urges Tinubu To Reverse Second Petrol Price Hike By NNPC Pending Court Verdict

Nigerian Govt Earns N103.7bn From Digital Cash Transfer Levies

SEC, NGX Group Drive Financial Literacy During World Investor Week

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