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The chairman of United Bank for Africa (UBA), Tony Elumelu, has increased his stakes in the bank by acquiring more shares, a new corporate filing on Nigerian Exchange Limited has…
The Association of Telecommunications Companies of Nigeria (ATCON) has expressed satisfaction with the decision of President Bola Tinubu to unify Nigeria’s multiple exchange rates in order to strengthen the Naira.…
For the fourth consecutive year, Zenith Bank Plc has been named the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the…
Nigeria has finally removed subsidy on premium motor spirit (PMS) popularly known as Petrol as the Nigeria National Petroleum Company (NNPC) Limited Wednesday morning officially changed its pump price to…
Eltayon Nigeria Limited, a filling station in Ekiti State has been sealed for selling fuel at N600 per litre after Tinubu’s announcement. Recall that following confirmation of fuel subsidy removal…
Food & Beverage West Africa Exhibition is all set to become the largest F&B trade show in Africa, boasting over 250 exhibitors spread across four halls. This highly anticipated event…
Nigeria’s expenditure on fuel subsidies from 2005 to 2021 amounted to $74.39 billion, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). This figure is equivalent to N13.69 trillion. NEITI…
After the announcement by President Bola Tinubu that fuel subsidy has been removed, fuel marketers have increased the pump price of petrol to N305/ltr forcing many consumers into panic buying.…
Governor Godwin Obaseki, of Edo State, has threatened to revoke the landed property of any fuel marketer caught hoarding petroleum products in the state. It was reliably gathered that following…
The Group Chief Executive Officer of Nigerian National Petroleum Corporation, Mele Kyari, on Monday, said he backed President Bola Tinubu over his decision to stop fuel subsidies, assuring Nigerians that…