Business & Finance
FG Proposes Increase in Value Added Tax (VAT) to 10%
The Nigerian government has just disclosed plans to raise the Value Added Tax (VAT) rate from 7.5% to 10% starting...
Dangote Refinery to Supply Petrol to Filling Stations Within 48 Hours
Aliko Dangote, Chairman of Dangote Refinery, declared on Tuesday that petrol produced at the facility will be available at filling...
Petrol Price Skyrockets: N1,300 per Litre Looms as NNPC Faces Financial Woes
A recent report reveals that the price of petrol in Nigeria may rise to N1,300 per litre due to financial...
The Tomarket Airdrop Frenzy: What You Need to Know
The crypto community is buzzing with excitement after the wildly successful launch of DOG, as the $TOMATO snapshot approaches. Many...
NNPCL Should Keep Borrowing to Stay Afloat, Says Industry Expert
Petroleum industry expert Martin Onovo has suggested that the Nigerian National Petroleum Company Limited (NNPCL) continue borrowing money to keep...
Putin Visits Mongolia Amid Plans for New Russia-China Gas Pipeline
Russian President Vladimir Putin arrived in Mongolia for a state visit, the Kremlin announced on Monday. The visit is significant...
Atiku Abubakar Urges NNPCL Stock Exchange Listing
Atiku Abubakar, the former Vice President of Nigeria and the presidential candidate for the People's Democratic Party (PDP) in the...
Dangote Petroleum Refinery Set to Roll Out Petrol Sales
The Dangote Petroleum Refinery is poised to commence the sale of Premium Motor Spirit (PMS), also known as petrol, following...
Fuel Supply in Peril as NNPC Reveals Massive Debt
The Nigerian National Petroleum Company Limited (NNPC) has admitted that it is having trouble paying its outstanding debts to suppliers,...
Falana To Begin Investigating Petrol Importation Scam
Notable human rights lawyer, Femi Falana, has clamoured for the quick investigation of the Premium Motor Spirit (petrol) scam. Falana...
Nigeria’s Foreign Trade Payments Plummet by 57% in First Seven Months of 2024
According to recent data from the Central Bank of Nigeria, the country's foreign trade payments have greatly declined significantly in...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, September 2 2024
As of today, September 2 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Take Action Against Dangote Refinery Saboteurs- WASU tells Tinubu
The West African Students' Union, WASU, has asked President Bola Tinubu to take decisive action against individuals obstructing Dangote Refinery's...
BRICS: Chinese Yuan Beats Euro To Become the Second Most Used Currency
The international trade is quickly shifting in favour of the Chinese yuan, leaving the Euro behind in third place while...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, September 1 2024
As of today, September 1 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.