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Latest News in Nigeria - Page 46

0% Import Duty On CNG, LPG Equipment, Says Nigerian Customs

Nigerian Customs Announces 0% Import Duty On CNG, LPG Equipment

The Nigeria Customs Service (NCS) has announced a 0% import duty on equipment for Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) as part of the government’s drive to promote domestic gas utilisation. This policy shift aims to reduce costs, enhance

December 19, 2024

Mixed Reactions From Nigerians Over Hacking Of NBS Website

Business·News

Reactions Trail Hacked NBS Website

The National Bureau of Statistics (NBS) has announced that its official website has been hacked. The organisation disclosed this in a public notice on its X (formerly Twitter) handle, urging Nigerians to disregard any messages or reports published on the site until

December 19, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigeria’s Equity Market Sees Fresh Gains As Investors Target Undervalued Stocks

Nigeria’s equity market experienced a further boost on Wednesday, with a 0.43% increase, adding approximately N259 billion to the market’s value. Investors continue to show strong interest in undervalued stocks, particularly in key sectors. The Nigerian Exchange Limited (NGX) All-Share Index (ASI)

December 19, 2024

News·Politics

Why Tinubu’s 2025 Budget Projections Are Unrealistic — Analysts

President Bola Tinubu has presented Nigeria’s 2025 budget proposal to the National Assembly, outlining ambitious goals to reduce inflation and stabilise the exchange rate. The N49.7 trillion budget seeks to lower inflation from 34.6% to 15% and improve the naira’s exchange rate

December 19, 2024

Dangote Refinery, FCCPC Clash As NNPCL Insists On Importation Of Fuel

Business·News·Oil & Gas

Dangote Refinery Accuses NNPCL Of Misleading Claims On $1bn Investment

The Dangote Petroleum Refinery has accused the Nigerian National Petroleum Company Limited (NNPCL) of providing inaccurate information about its $1bn investment in the refinery. According to Dangote Refinery, NNPCL’s claims mislead stakeholders and the public regarding the extent and nature of the

December 18, 2024

Death By Hanging For Stealing Fowl: Mixed Feelings As Nigerians React Sentence In Osun State

FEATURES·News·Politics

Reactions Trail Death By Hanging Sentence For Stealing Fowl In Osun State

The sentencing of a young man to death by hanging for stealing a fowl in Osun State has sparked outrage among Nigerians. Many have taken to the social media to express their disbelief, calling for judicial reforms and questioning the fairness of

December 18, 2024

Death By Hanging For Stealing Fowl: Gov. Adeleke Orders Pardon For Victim After 14years In Jail

News·Politics

Death For Stealing Fowl: Gov. Adeleke Orders Pardon For Victim After 14 Years In Jail

Governor Ademola Adeleke of Osun State has ordered a full investigation into the case of a young man sentenced to death for allegedly stealing a fowl. The governor’s directive came after public outrage and criticism on social media platforms. In a statement

December 18, 2024

Business·FEATURES·News

Inflation: How Rising Food Prices Are Forcing Nigerians To Choose Between Meals Or Survival

Food prices in Nigeria have reached alarming heights, leaving many citizens struggling to afford basic meals. According to the latest report from the National Bureau of Statistics (NBS), the country’s headline inflation rose to 34.60% in November 2024, up from 33.88% in

December 18, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigerian Stock Market Hits 100,000 Points As Buyers Drive Key Gains

The Nigerian Stock Market witnessed a significant milestone on Tuesday as the benchmark performance index crossed the 100,000-point mark. This was driven by increased buying activity on the Nigerian Exchange Limited (NGX) ahead of the festive season. The market recorded a 0.13%

December 18, 2024

Apple To Pay $95m In Siri Privacy Settlement

Africa·News·Technology·Top Stories

DR Congo Sues Apple Over Illegal Mineral Exploitation

The Democratic Republic of the Congo (DRC) has launched a criminal case against Apple, accusing the company of using illegally mined minerals in its products. The lawsuit, filed in courts in Paris and Brussels, claims that Apple’s supply chain includes “blood minerals”

December 18, 2024

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Latest News in Nigeria - Page 46

Nigerian Customs Announces 0% Import Duty On CNG, LPG Equipment

Reactions Trail Hacked NBS Website

Nigeria’s Equity Market Sees Fresh Gains As Investors Target Undervalued Stocks

Why Tinubu’s 2025 Budget Projections Are Unrealistic — Analysts

Dangote Refinery Accuses NNPCL Of Misleading Claims On $1bn Investment

Reactions Trail Death By Hanging Sentence For Stealing Fowl In Osun State

Death For Stealing Fowl: Gov. Adeleke Orders Pardon For Victim After 14 Years In Jail

Inflation: How Rising Food Prices Are Forcing Nigerians To Choose Between Meals Or Survival

Nigerian Stock Market Hits 100,000 Points As Buyers Drive Key Gains

DR Congo Sues Apple Over Illegal Mineral Exploitation

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Latest News in Nigeria - Page 46

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