President Tinubu Considering ‘temporary Subsidy’ on Petrol as Landing Cost Rise
President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to soar. There is yet no final decision, presidency sources told…
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NPA, TTP Introduces N50.00 Stamp Duty on N1,000 Receipt
The Nigerian Ports Authority, NPA, and the Tucks Transit Parks, TTP, have introduced a mandatory N50.00 stamp duty payment on every N1,000 receipt issued to truck drivers. In a notice…
Russia Hikes Interest Rates to 12% as Rouble Falls
Russia has hiked interest rates to 12% after the rouble fell to its lowest value in 16 months. The currency fell past 100 per dollar on Monday, prompting Russia's central…
Inflation Soars to 24.08 Percent in July
The National Bureau of Statistics, NBS, today announced that inflation rose from 22.79% in June 2023 to 24.08% in July 2023. This was contained in its report titled: “CPI and…
FG Disbands Advertising Panel Over Controversial ‘all Eyes on the Judiciary’ Billboards
The Federal Government has disbanded the Secretariat of the Advertising Standard Panel due to its endorsement of billboards accused of attempting to manipulate the Presidential Election Petition Tribunal with the…
NNPC Breaks Silence, Says No Intention to Hike Fuel Price
The Nigerian National Petroleum Company Limited, NNPCL has spoken regarding the widespread concern of a possible hike in the pump price of Premium Motor Spirit, PMS popularly called petrol. In…
Grand Jury Indicts Trump,18 Others
Grand Jury Indicts Trump,18 Others on Attempt To Overturn US 2020 Election An Atlanta-based grand jury has indicted Donald Trump and 18 others on state charges stemming from their efforts…