Economy

The Prime Minister of Grenada, Dickon Mitchell has lauded Dangote Petroleum Refinery and Petrochemicals as a significant investment developing countries need for their industrial growth. He also agreed with Aliko Dangote, President and…

The scorching economic hardship which Nigerians are currently passing through is about to double up as President Bola Tinubu's administration through the Nigerian National Petroleum Company Limited has raised pump price of petrol by 14.8…

Nigerians may face more economic hardship as fuel price is likely to rise again following the decision by the Nigerian National Petroleum Company Limited (NNPCL) to end its exclusive offtake agreement with the Dangote Refinery, allowing…

President Bola Tinubu's administration has officially started selling crude oil and refined petroleum products in naira, marking a transformative shift in the country’s energy market.Recall that on October 6, the Minister of Finance and…

President Bola Tinubu's administration has announced value added tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, among others, in order to…

The World Bank has approved a new $1.57 billion financial package to support Nigeria’s economic reforms and development projects.This loan according to a statement by the global financial institution, is intended to address the nation’s…

Federal government employees will start receiving the new minimum wage payment starting Thursday, September 26th.This was disclosed by the spokesman for the Office of the Accountant-General of the Federation, Mr Bawa Mokwa.While…

Alhaji Aliko Dangote, President of Dangote Group is planning to set up a family office in Dubai, joining other global billionaires who have flocked to the Middle East’s financial hub over the past few years.The Nigerian billionaire with…

Nigerians could be tightening up their belt the more as the price of Premium Motor Spirit has gone up to N2,500.Currently, inter and intra-city transport fares according to LEADERSHIP, have soared by over 200% in Akwa Ibom State…

Alhaji Aliko Dangote, President of Dangote Group, has urged the federal government to end fuel subsidies completely now.He made the urgent call while speaking in a 26-minute interview with Bloomberg Television in New York on Monday.…