The Nigerian National Petroleum Company (NNPC) Limited says it has commenced the termination of crude oil swap contracts and will pay cash for petrol imports, according to Reuters report. Mele Kyari, NNPC’s…
Read More Report: NNPC terminating crude oil swap contracts, says KyariCategory: Economy
NLC to embark on nationwide strike Wednesday
Our reporter/ The Nigeria Labour Congess (NLC) has declared a nationwide strike from next Wednesday. This comes amid fuel shortages across the country occasioned by President Bola Tinubu’s inaugural speech…
Read More NLC to embark on nationwide strike WednesdayFIRS: Nigeria’s tax-to-GDP ratio, 10.86% as at 2021
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was communicated to the Federal…
Read More FIRS: Nigeria’s tax-to-GDP ratio, 10.86% as at 2021Mele Kyari: Pump price of petrol can go down at any time
Our reporter/ The new petrol pump price is reflective of the current market cost of the commodity, and as such, “prices in the market can go down at any time”,…
Read More Mele Kyari: Pump price of petrol can go down at any timeCBN denies Naira devaluation report
Our reporter/ The Central Bank of Nigeria (CBN) on Thursday debunked a report by a national daily that it has devalued the naira to N631 per dollar at the importers’…
Read More CBN denies Naira devaluation report
