The allegations were confirmed by the Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, and the Petroleum Products Retail Outlet Owners Association of Nigeria, PETROAN, in separate interviews with journalists. The controversy comes as Dangote Refinery sets to slash petrol prices from N865 to N841 per litre in Lagos and the South-West, and to […]
In a statement, NUPENG alleged that Dangote management directed newly recruited drivers of its 4,000 compressed natural gas-powered trucks to remove union stickers and affiliate instead with a company-backed association, the Direct Trucking Company Drivers Association (DTCDA). According to the union, the move is part of a wider strategy to create a parallel structure within […]
The move was disclosed during a capacity-building workshop for Senate correspondents in Abuja by a senior official from the Ministry of Agriculture and Food Security, who said the directive prioritizes securing safe passage for farm produce across key transport routes. The goal is to ease logistics bottlenecks and reduce rising costs linked to food distribution. […]
This was contained in a statement signed by the Personal Assistant on Special Duties to the President, Kamorudeen Yusuf, which was signed into law by President Bola Tinubu on June 26, 2025, the reforms establish a new foundation for taxation, administration, and revenue collection. The four legislations are, Nigeria Tax Act, NTA, 2025, Nigeria Tax […]
The deal was reached in a closed-door meeting fixed by the Department of State Services, DSS, and attended by the Minister of Finance, Wale Edun and representatives of the Nigeria Labour Congress. The outcome was confirmed by the Acting NLC General Secretary, Benson Upah, while the Ministry of Labour stated that it would issue a […]
A unit of the leading pan-African banking group, Ecobank Nigeria,has announced the roll out of the Super Rewards campaign, where customers stand to win over N60m. As disclosed in a statement made available to journalists, the campaign was unveiled to celebrate the 40th anniversary of the group, Ecobank Transnational Incorporated. The campaign is slated to […]
Onanuga said this in reaction to a report that some Chinese traders have begun accepting naira in place of the United States dollar for transactions with Nigerian customers. According to the report, forex traders attributed the recent exchange rate stability to the success of Nigeria’s currency swap agreement with Chinese traders now collecting naira for […]
Mr Dunhai made the call in Abuja, during a symposium held to mark the 80th anniversary of the victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War. The ambassador, in his address, recounted China’s resistance against Japanese aggression, the World Anti-Fascist War, and the eventual restoration of the […]
This follows key discussions between Nigerian delegations, led by President Bola Tinubu and attended by the Minister of Power, Adebayo Adelabu and others with Japanese stakeholders, during the Ninth Tokyo International Conference on African Development (TICAD) in Yokohama, Japan. The Nigerian delegation engaged with major energy firms, including Toshiba, Hitachi, and Japan’s Transmission & Distribution […]
This was disclosed in a post on the President’s official X account. The statement disclosed that the calculator allows citizens to compare their estimated tax under the proposed reforms with current rates, and ensure a clear understanding of the impact on individual incomes. Tinubu said the reforms, which take effect from January 2026, are intended […]