Latest News in Nigeria – Page 72 of 91

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

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

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·FEATURES·News·Oil & Gas

Crude Oil: Nigeria’s Blessing or Curse?

Blessed with one of the most coveted resources on the planet, crude oil, Nigeria should be swimming in wealth. However, the reality on the ground paints a different picture, where the nation’s

Emmanuel Ochayi

October 13, 2024

Dangote Refinery To Begin Crude Oil Production By End Of 2024, Seeks Local Oil Supply Solutions

Business·News·Oil & Gas

Dangote Refinery To Begin Crude Oil Production Soon

Dangote Refinery to Start Oil Production in Q4 2024 The Dangote Refinery, West Africa’s largest, is set to begin crude oil production by the fourth quarter of 2024, according to a recent

Emmanuel Ochayi

October 12, 2024

Business·News

Nigeria’s FX Crisis Deepens As Foreign Investments Drop Amid Liquidity Concerns

Foreign Exchange Crisis Hits Nigeria’s Investment Market The persistent FX crisis in Nigeria has caused a significant downturn in foreign investments, with investors fleeing the market. Nigeria, once Africa’s largest economy, has

Emmanuel Ochayi

October 12, 2024

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Latest News in Nigeria - Page 72

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

Trekking Through Inflation: Nigerians Struggle With Rising Petrol Prices

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

Crude Oil: Nigeria’s Blessing or Curse?

Dangote Refinery To Begin Crude Oil Production Soon

Nigeria’s FX Crisis Deepens As Foreign Investments Drop Amid Liquidity Concerns

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