Business

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Private Oil Depots Raise Petrol Price to N900 Per Litre Amid Rising Global Costs

Private Oil Depots Raise Petrol Price to N900 Per Litre Amid Rising Global Costs

By DAYO ADESULU Petrol Price Hits N900 Per Litre as Private Depots Adjust Rates The price of Premium Motor Spirit…
Tesla Sales in Europe Drop 49% Amid Elon Musk Controversy and Ageing Models

Tesla Sales in Europe Drop 49% Amid Elon Musk Controversy and Ageing Models

By DAYO ADESULU Tesla’s European electric vehicle (EV) sales have plummeted by 49% in the first two months of 2025…
TAJBank to Raise N20 Billion Mudarabah Sukuk Bond to Drive Expansion

TAJBank to Raise N20 Billion Mudarabah Sukuk Bond to Drive Expansion

By DAYO ADESULU TAJBank, Nigeria’s leading non-interest financial institution, is set to raise N20 billion Mudarabah Sukuk Bond as part…
House of Representatives Rejects VAT Increase to 15% in New Tax Reform Bills

House of Representatives Rejects VAT Increase to 15% in New Tax Reform Bills

By DAYO ADESULU House of Representatives Maintains VAT at 7.5%, Rejects Proposed Increase to 15% by 2030 The Nigerian House…
NNPCL Petrol Price Reduction: NNPC Stations Lower Pump Price to N860/Litre

NNPCL Petrol Price Reduction: NNPC Stations Lower Pump Price to N860/Litre

By DAYO ADESULU ABUJA – The Nigerian National Petroleum Company Limited (NNPCL) has implemented a petrol price reduction, lowering the…
Petrol Price Reduction in Nigeria to Continue Until June 2025, Says Bismarck Rewane

Petrol Price Reduction in Nigeria to Continue Until June 2025, Says Bismarck Rewane

By DAYO ADESULU The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has projected that the ongoing petrol price…
MTN Nigeria Reports N400.44bn Loss Amid Naira Devaluation Impact

MTN Nigeria Reports N400.44bn Loss Amid Naira Devaluation Impact

By DAYO ADESULU MTN Nigeria has reported a staggering N400.44bn loss after tax for the fiscal year ended December 31,…
FG Moves to Regularise Electricity Tariffs for Fairer Pricing and Investment Boost

FG Moves to Regularise Electricity Tariffs for Fairer Pricing and Investment Boost

By DAYO ADESULU The Federal Government has unveiled plans to implement electricity tariff regularisation in Nigeria, aimed at addressing disparities…
Minister of Agriculture Condemns Price Exploitation Despite Cost Reductions

Minister of Agriculture Condemns Price Exploitation Despite Cost Reductions

By DAYO ADESULU The Federal Government has called on retailers to adjust their prices to reflect recent reductions in food…
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