BUSINESS

Nigeria Faces Looming Fuel Scarcity As Dangote Refinery, NUPENG Clash Deepens As Tanker Drivers Begin Strike Today 0
- BUSINESS, SLIDE
- September 8, 2025
Nigeria Faces Looming Fuel Scarcity as Dangote Refinery, NUPENG Clash Deepens Nigeria may begin to experience fuel scarcity from today (Monday) unless the Federal Government swiftly resolves the industrial face-off between the Petroleum Tanker Drivers (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Dangote Refinery. The dispute erupted
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Presidency Reports N20.59 Trillion Revenue, Highlights Shift From Oil Dependence 0
- BUSINESS, SLIDE
- September 4, 2025
Presidency Reports N20.59 Trillion Revenue, Highlights Shift from Oil Dependence The presidency has announced that the federal government generated N20.59 trillion in revenue between January and August 2025, surpassing its annual revenue target months ahead of schedule. According to Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, this milestone reflects a
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Nigeria Introduces 5% Fossil Fuel Surcharge, See how It’s Works.0
- BUSINESS, SLIDE
- September 3, 2025
Nigeria Introduces 5% Fossil Fuel Surcharge, See how It’s Works. LAGOS, Nigeria – The Nigerian government has enacted a new 5% surcharge on fossil fuel products as part of the Nigeria Tax Administration Act, signed into law by President Bola Tinubu on June 26, 2025. Set to take effect on January 1, 2026, the
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Compressed Natural Gas (CNG) Price Soars Amid Subsidy Cuts And Long Queues 0
- BUSINESS, SLIDE
- September 3, 2025
Compressed Natural Gas Price Soars Amid Subsidy Cuts and Long Queues The cost of compressed natural gas (CNG) in Nigeria has surged dramatically, sparking mixed reactions among motorists and transport operators. A standard cubic metre (SCM) of CNG, which previously sold for N230, now goes for as high as N450 following a recent price review.
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Nigeria Ranks 116th In 2025 Good Governance Index, Misses Africa’s Top 5 0
- BUSINESS, SLIDE
- August 28, 2025
Nigeria Ranks 116th in 2025 Good Governance Index, Misses Africa’s Top Five Nigeria has been ranked **116th globally** in the 2025 edition of the **Chandler Good Government Index (CGGI)**, a comprehensive benchmark that evaluates the capability and effectiveness of governments across the world. The ranking, released by the **Chandler Institute of Governance (CIG)**, highlights Nigeria’s
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The Hidden Cost Of USSD: How Nigerians Are Losing Money To Failed Bank Transactions 0
- BUSINESS, SLIDE
- August 28, 2025
The Hidden Cost of USSD: How Nigerians Are Losing Money to Failed Bank Transactions When **Chinyere**, a petty trader in Lagos, attempted to transfer ₦5,000 to her supplier using her bank’s USSD code, she assumed it would take only a few seconds. Instead, the transaction failed midway. Frustrated, she tried again. The second attempt
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Nigeria Faces Looming Fuel Scarcity As Dangote Refinery, NUPENG Clash Deepens As Tanker Drivers Begin Strike Today 0