Prices of essential food items have gone up by at least 30 per cent between December and April in at least eight states, according to surveys by our correspondents. The development has made consumers groan, saying the hikes in the prices of goods have affected their budgets. Prices of food items […]

President Bola Tinubu has arrived in Riyadh, Saudi Arabia, to attend a special meeting of the World Economic Forum. The president just concluded an official visit to the Kingdom of the Netherlands. The World Economic Forum meeting will focus on global collaboration, growth, and energy for development, and it will […]

Travellers in Nigeria may soon benefit from lower airfares following the drop in the price of Jet A1, the fuel used by airlines. As reported by the PUNCH, the Dangote Petroleum Refinery announced on Tuesday a further price cut for diesel and aviation fuel, with the new rates set at […]

The total revenue that accrued to the coffers of the government from Value Added Tax between October 2023 and March 2024 increased by 58 per cent, Saturday PUNCH investigation has shown. This was contained in the various financial reports released by the Federation Account Allocation Committee between October 2023 and […]

Emzor Pharmaceuticals has unveiled plans to establish an Active Pharmaceutical Ingredients (API) facility in Sagamu, Ogun State, with a substantial investment totaling $23 million (over N25billion) in an effort to combat the pervasive threat of malaria in Nigeria and Sub-Saharan Africa. Upon completion, the API facility will be the first […]

The Commissioner for the Lagos State Ministry of Basic and Secondary Education, Tolani Alli-Balogun, has said the state government will be paying N1.5bn to register 58,000 students for the 2024 West African Senior School Certificate Examination for this year. The commissioner said this on Thursday while reporting the activities of […]

The Kano/Jigawa Area Command of the Nigeria Customs service and the Management of Kano Free Trade Zone have jointly debunked an article alleging irregularities at the Free Trade Zone causing the Federal Government huge loses in revenue generation. According to ML. Alabi, Superintendent of Customs and SA, Special Duties to the […]

Minister of Aviation and Aerospace Development, Festus Keyamo, has said that when it comes to aviation matters, everyone, including puff-puff sellers at the airport, has a say. Keyamo disclosed this when he appeared on Channels Television’s Politics Today to speak on Nigerian Civil Aviation Authorities’ action over the health status […]

A financial data and media company, Bloomberg, has ranked the Dangote Refinery above the top 10 biggest refineries in Europe. According to data compiled by the business news platform, the refinery has more capacity than many European ones. The $20bn-worth refinery located in Lekki-Epe Expressway, Lagos State, can refine 650,000 barrels […]

The Nigerian National Petroleum Company Limited (NNPC) yesterday signed a contract with African Refinery Port Harcourt Limited (ARPHL) to build a 100,000bpd refinery within the Port Harcourt Refinery and Petrochemical Complex in Rivers state. The national oil company disclosed the deal on its social media handle, indicating that the Executive Director, Downstream of […]