A litre of petrol is selling for as high as ₦1,700 in Makurdi, the Benue State capital, and its environs, following the sudden shutdown of petrol stations by marketers in the town who declared a three-day warning strike. The development forced desperate motorists and commercial motorcycle operators to resort to black market operators, who are […]
By MERCY OMOIKE THE Nestlé Nigeria has introduced new clear caps across its Pure Life bottled water range to boost recyclability. The company disclosed this in a statement made available on Tuesday in Lagos. The statement said the clear caps, first introduced with the launch of the 33cl Nestlé Pure Life bottles, now features on […]
THE Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol across its retail outlets. In Abuja, the national oil company outlets increased their fuel pump price to ₦955 per litre from ₦890, an increment of ₦65. Tribune Online monitored outlets in Central Business District (CBD), Wuse, Berger, Nyanya in FCT and […]
By MARTHA AGAS The Customs Consultative Committee (CCC) has endorsed the migration of traders from the Fast Track Scheme to the Authorised Economic Operator (AEO) programme. The committee says the transition will enhance international trade under the African Continental Free Trade Area (AfCFTA) agreement. Eugene Nweke, Secretary of the CCC, said this in an interview […]
WHILE banks in Nigeria declare humongous profits and race to beat the recapitalisation deadline, low-income depositors on the other hand feel plagued by peppery and duplicitous charges. According to them, banks operate like relentless predators, chipping away at savings through a myriad of charges, duplicitous SMS alerts, card maintenance fees, transfer levies, stamp duty; each […]
By IBUKUN EMIOLA MR. John Karunwi, Chairman, National Association of Small and Medium Enterprises (NASME) in Oyo State says that Nigeria’s rebased GDP of ₦372.82 trillion will open new tax incentives, funding opportunities, and growth prospects for Micro, Small and Medium Enterprises (MSMEs). Karunwi stated on Monday in Ibadan that the development would reshape the […]
By NANA HAUWA MUSA THE central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 101 pips to 7.1395 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from […]
AN NGO, Women Initiative for Sustainable Environment (WISE) has trained 30 women farmers on regenerative agriculture to promote sustainable agriculture and enhance community resilience against climate change and pandemics, The News Agency of Nigeria (NAN), reports that regenerative agriculture is a farming practice that prioritises soil health, biodiversity, and ecosystem services. It also enhances farm […]
THE National Orientation Agency (NOA), Akwa Ibom Directorate has alerted the general public of the circulation of fake ₦1,000 notes within the state. NOA listed areas worse hit by the nefarious activities to include the coastal areas of Udung Uko, Mbo, Oron, Okobo and Ibeno Local Government Areas. The State Director of NOA, Mr. Mkpoutom […]
THE National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Hon. Dele Kelvin Oye, Chambers of Commerce has expressed concern over the significant hurdles that remain. Citing a recent World Bank report, he noted that poverty has climbed to 56% in Nigeria, affecting 129 million people. While reforms are […]