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Category: Economy

Business Economy headline

Increase In pump price of petrol not from us, says Dangote

Iheanyi Ejiofor January 20, 2025 No Comments #Dangote #ex-depot price #Petrol

Our reporter/ The Dangote refinery on Sunday explained that the recent increase in the ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global…

Read More Increase In pump price of petrol not from us, says Dangote
Business Economy

Dangote Cement, FBNHoldings, others lift equity market by N53bn

Iheanyi Ejiofor January 19, 2025 No Comments #Dangote #FBNHoldings #equity market

The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO,…

Read More Dangote Cement, FBNHoldings, others lift equity market by N53bn
Business Economy headline

Dangote refinery increase petrol price to N955 per litre

Iheanyi Ejiofor January 18, 2025 No Comments #Dangote refinery #Petrol price

Our reporter/ The Dangote Petroleum Refinery on Friday announced increased in the ex-depot price of its petrol. The refinery in an email to customers said its refined products would now…

Read More Dangote refinery increase petrol price to N955 per litre
Business Economy headline

Govs propose new VAT-sharing formula, okay tax reform Bill

Iheanyi Ejiofor January 17, 2025 No Comments #Tax reform bills #VAT sharing formula #NGF

Our reporter/ Nigerian governors have agreed to support the Federal Government’s tax reform bills. The governors are, however, proposing a new sharing formula for value-added tax (VAT). The decision followed…

Read More Govs propose new VAT-sharing formula, okay tax reform Bill
Business Economy headline

FG, states, LGAs share ₦1.424tn FAAC revenue in December 2024

Iheanyi Ejiofor January 17, 2025 No Comments #FAAC #States #LGA's #FG

A total sum of ₦1.424 trillion, being December 2024 Federation Accounts Revenue, has been shared among the Federal Government, States and Local Government Councils. The revenue was shared at the…

Read More FG, states, LGAs share ₦1.424tn FAAC revenue in December 2024

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