The price of Premium Motor Spirit (PMS), or petrol, has increased across all of Nigerian National Petroleum Company Limited’s (NNPC) retail outlets in Lagos from N855 per litre to N998 per litre. From the price it sold for yesterday, this is an increase of 12.7%, or N113 a litre. Drivers were unprepared for the early…
The Federal Government’s revenue from Foreign Direct Investment into Nigeria in the second quarter of 2024 dropped to $29.83m. According to the National Bureau of Statistics’ most recent capital importation data, foreign direct investment (FDI) fell by 65.33 percent from $86.03 million during the same time last year. Based on available data up until 2013,…
Nigerians should not be alarmed, as the Central Bank of Nigeria (CBN) has implemented measures to guarantee the security of all funds in financial institutions nationwide. A statement by the apex bank’s AG. Director, Corporate Communications, Hakama Ali, on Tuesday reassured the public of its unwavering commitment to ensuring the stability and reliability of the…
