The federal …
NNPC reduces petrol price to N860/litre
The Nigerian National Petroleum Company Limited, NNPCL, has announced a reduction in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, to N860 per litre. The new NNPCL pump price, took effect today Monday, March 3. Last week, the Dangote Petroleum Refinery reduced the ex-depot price of petrol from N890 per litre …
FG RAISES COMMITTEE TO ADDRESS BOAT MISHAPS
The federal government has set up a Special Committee on the Prevention of Boat Mishaps to address the frequent boat accidents across Nigeria’s waterways. The Minister of Marine and Blue Economy, Adegboyega Oyetola spoke at the committee’s inauguration in Abuja. “The task ahead is challenging, but with commitment, we can eliminate boat mishaps and ensure …
Staff Resign In Protest At Elon Musk’s Department Of Government Efficiency (DOGE)
A significant number of staff members at Elon Musk’s Department of Government Efficiency (DOGE) have resigned in protest, citing their refusal to implement changes they believe could jeopardize the nation’s well-being. In a letter addressed to White House Chief of Staff Susan Wiles, 21 former DOGE employees expressed that their commitment to serve the American …
Business Investors lost N215bn as Nigeria’s NGX continues bearish run
Nigeria’s equity market extended its downward trend on Tuesday, as the market capitalisation of listed equities recorded N215 billion or 0.32 percent losses. This is the case as the market capitalisation, which opened at N67.383 trillion, closed at N67.168 trillion. The All-Share Index also declined by 0.32 percent to 107,781.79, against 108,126.97 recorded on Monday. …
Cardoso says CBN targeting single-digit inflation rate, says current inflation has been ‘high for too long’
The Central Bank of Nigeria (CBN) aims to bring inflation down to single digits in the medium to long term, according to the governor, Olayemi Cardoso. Speaking in Abuja after the 299th Monetary Policy Committee (MPC) meeting, Cardoso addressed the recent rebasing of the Consumer Price Index (CPI), which lowered Nigeria’s inflation rate from 34.8 …
Legal action has been taken against people spreading misinformation about NNPC – Mele Kyari
Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has said legal and security measures have been taken against individuals spreading misinformation about the company. Nigerian home decor ideas Recently, a video posted on TikTok showed a man using two small tiger generators, popularly called ‘I better pass my …