The communiqué noted that total revenue of N1.678 trillion comprised statutory revenue of N827.633 billion and Value Added Tax revenue of N 609.430 billion. The Federation Account Allocation Committee has…
Read More Federal Allocation: FG, states, LGs share N1.678 trillion in February
Our reporter/ Dangote Petroleum Refinery has suspended the sale of petroleum products to customers in Naira. In a notice made public to customers on Wednesday, the refinery said the decision…
Read More Dangote Refinery suspends sale of petroleum products in Naira
Our reporter/ The Central Bank of Nigeria has projected a gradual drop in inflation rate over the next six months. This is contained in its newly released report on inflation…
Read More CBN projects gradual inflation drop in next six months
Our reporter/ The Federal High Court in Abuja on Tuesday struck out the preliminary objection of the Nigerian National Petroleum Company Limited (NNPCL), challenging the competence of the ₦100 billion…
Read More Court strikes out NNPCL’s request to dismiss Dangote’s import license suit
Nigeria’s headline inflation rate dropped to 23.18% relative to the January 2025 headline inflation rate of 24.48%. This was disclosed by the Nigeria Bureau of Statistics (NBS) in its February…
Read More Nigeria’s Inflation rate drops to 23.18%