The United States will send a Terminal High Altitude Area Defense battery and troops to Israel, the Pentagon said Sunday, even as Iran warned Washington to keep American military forces out of Israel. Maj. Gen. Pat Ryder, Pentagon spokesman, said in a statement that Defense Secretary Lloyd Austin authorized the […]

Ekiti State Governor, Mr. Biodun Oyebanji, on Saturday brought joy to the faces of retirees by distributing gratuity cheques to the tune of N3.5 billion on a day they were marking this year’s edition of Pensioners’ Day. At the ceremony which was marked at the Great Eagle Hall, Ikere Road, […]

The latest figures from the official pricing template have indicated that the pump price of locally produced premium motor spirit, PMS, otherwise called petrol, is now being matched with the price of imported products. But petroleum marketers are hinting that such a match would not be sustainable if exchange rates […]

The Federal Government of Nigeria has generated N103.7bn in revenue from the Electronic Money Transfer Levies in the first half of 2024. According to data from the Central Bank of Nigeria’s statistical bulletin, this represents a 7.55 per cent increase compared to the N96.44bn collected during the same period in 2023 […]

As part of the transition towards a deregulated market structure for Premium Motor Spirit (PMS), the federal government has authorised petroleum product marketers to purchase PMS directly from local refineries. This was announced on Friday in a statement signed by Wale Edun, the Minister of Finance and Coordinating Minister of the […]

The National President, Independent Petroleum Marketers Association of Nigeria, Abubakar Garima, has stated that the Nigerian National Petroleum Company Limited owes petroleum marketers almost N15bn. Garima stated this on Thursday when he was featured on Channel TV’s Sunrise Daily. According to him, its members have yet to load a single truck since […]

A new bill has been proposed in Nigeria that will require individuals engaged in banking, insurance, stock-broking, or other financial services to provide a Tax Identification Number as a precondition for opening a new account or operating an existing one. According to the bill, titled “A Bill for an Act to […]

The Court of Appeal sitting in Enugu has upheld the decision of the House of Representatives tribunal, removing Hon. Simon Atigwe of the Peoples Democratic Party (PDP) as the representative of Igboeze North/Udenu federal constituency, News360 Nigeria reports. In its ruling on Wednesday, the appellate court reinstated Hon. Dennis Nnamdi Agbo of […]

BREAKING: Tinubu Government Opens Payment Portal For Nigerians To Convert Vehicles From Petrol To CNG – In a statement issued on Wednesday by the National Orientation Agency (NOA) on the opening of the payment plan application portal, the government said that the payment options allow people to convert their vehicles […]

The Lagos State Governor, Babajide Sanwo-Olu, recently led a delegation from the state to Istanbul, Turkey, for a working visit with executives from Summa International Construction Inc. In a statement and photos shared on his official X.com handle on Wednesday, Sanwo-Olu stated that the meeting aimed at exploring potential collaboration […]