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Rhoda Onuzulike

Business

Import Duty on Vehicles Gets 90-day Window

The Federal Government of Nigeria has announced a 90-day window to regularise import duties on specific categories of vehicles. The National Public Relations Officer of the Nigeria...

Rhoda Onuzulike -

Business

Tinubu Welcomes Multi-sectoral Agreements with Qatar

President Bola Tinubu and Emir of the State of Qatar, Tamim bin Hamad Al Thani, On Sunday in Doha, witnessed the signing of historic agreements...

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Business

FG Sets Aside N75bn to Support Local Manufacturers

As part of efforts to tackle the present cost of living by Nigerians, the Federal Government has set aside N75bn to support the manufacturing...

Rhoda Onuzulike -

Business

CBN to sell N1.6trn Treasury Bill in Q2 2024

The Central Bank of Nigeria has said it would sell N1.64trn worth of treasury bills, for the second quarter of 2024. The apex bank made...

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Court Rules Lucky Aiyedatiwa Ineligible To Seek Re-Election In 2028

The Federal High Court sitting in Akure has ruled that Lucky Aiyedatiwa is not eligible to contest the 2028 governorship election. In a judgment delivered on Thursday, Justice Toyin Adegoke held that the Nigerian Constitution does not allow an elected president, vice president, governor, or deputy governor to remain in office for more than eight years. Aiyedatiwa...

Global Crude Prices Rise: What It Means As Dangote Refinery Slashes Petrol Prices In Nigeria

Global crude oil prices climbed again on the international market, rising by about 9.2 percent, reversing part of the earlier decline that had triggered a reduction in petrol prices in Nigeria. As of the latest market updates, Brent Crude was trading around $92 per barrel, while the U.S....

Ondo Government Restricts Motorcycle Operations Across 18 LGAs

The Ondo State Government has introduced new security measures restricting the operations of commercial motorcycles across all 18 local government areas of the state. The directive, which took effect on Wednesday, limits motorcycle operations between 6 a.m. and 7 p.m., as part of efforts to strengthen security and maintain public order. The announcement was...