- Sun. Jun 4th, 2023
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Fuel price crisis: Labour gives govt. seven days to revert to old prices 
Subsidy removal: Opaque fuel pricing mechanism must be removed for credibility 
Fuel subsidy removal: Why NNPC hiked petrol price ahead of June ending deadline, says Kyari 
Winners of Sahara Group #MADwithFootball Challenge emerge 
Nigeria’s Tax-To-GDP Ratio climbs to 10.86% in 2021, reports NBS Crude oil theft: NUPRC consults stakeholders on upstream petroleum measurement regulation, others
By Bassey Udo To create an enabling environment for growth and investments in the Upstream Oil & Gas industry in the country, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on…
2022 Budget: Non-oil sector to account for 65.1% of revenues -Finance Minister
By Bassey Udo More than 65 percent of the over N10.13 trillion aggregate revenue to fund the 2022 budget is projected to come from non-oil sources (including government-owned enterprises (GOEs),…
Fuel price crisis: Labour gives govt. seven days to revert to old prices
The Nigeria Labour Congress (NLC), the umbrella group of all Nigerian workers, has formally rejected the new pump price regime for petrol in the country until local refining of petroleum…
Subsidy removal: Opaque fuel pricing mechanism must be removed for credibility
By Auwal Musa Rafsanjani The non-transparent pricing mechanism in the subsidy removal scheme by the regulatory agencies in the downstream sector of the petroleum industry is unacceptable, the Civil Society…
Fuel subsidy removal: Why NNPC hiked petrol price ahead of June ending deadline, says Kyari
The Nigerian National Petroleum Company (NNPC) Limited says Wednesday’s sudden decision to adjust upwards the pump price of premium motor spirit (PMS), popularly called petrol, was informed by the excessive…
Winners of Sahara Group #MADwithFootball Challenge emerge
Winners of the Sahara Group #MADwithFootball challenge have emerged, the energy and infrastructure company announced. They are Doutimiebi Richard-Jack and Daniel Bassey. Launched in May 2023, the challenge was designed…
Nigeria’s Tax-To-GDP Ratio climbs to 10.86% in 2021, reports NBS
Nigeria’s Tax-to-GDP ratio, which hovered between 5 percent and 6 percent over the last 12 years, rose to 10.86 percent by the end of 2021, the Nigerian Bureau of Statistics…
Naira Not Devalued, CBN clarifies
The Naira has not been devalued contrary to reports, the apex financial sector regulatory authority, Central Bank of Nigeria (CBN) has said. A rebuttal issued by the CBN spokesperson, Isa…
NNPC hikes retail pump price for petrol by 195%, as Labour rejects subsidy removal move
Barely 48 hours after the newly sworn in President, Bola Tinubu pronounced the end of fuel subsidy regime in the country, the Nigerian National Petroleum Company Limited (NNPCL) has unveiled…
Fuel Subsidy removal: NNPCL, marketers, others commit toward smooth transition
Key stakeholders in the fuel supply and distribution value chain have agreed to collaborate to ensure a smooth transition into the Post-fuel subsidy regime in the petroleum sector. Some of…
Debt portfolio: WAIFEM canvasses structural, legal framework for debt management
Member nations of the West African Institute for Financial and Economic Management (WAIFEM) should develop an organisational structure and legal framework for debt portfolio analysis, the Director General of the…
Fuel Subsidy removal: Right move; as NEITI proffers eight strategic steps to consider
With Nigerians still reeling from the aftermath of last Monday’s pronouncement by the newly inaugurated President, Bola Tinubu, on plans to immediately remove fuel subsidy in the country, the Nigeria…