Naira Uptick on September 8 is Thanks to a Weakening Dollar, CBN Intervention
The month comes with one of the best Naira outlooks of the year, having started at a decent rate and maintaining the trend within the first week.
Dangote Plans Fuel Trucks to be Manned by Non-unionized Drivers, NUPENG Strikes
The plan to work with non-unionized truck drivers also reflects the refinery’s strategy following recent events with an unlicensed Dangote truck driver.
PENGASSAN supported NUPENG’s strike threat, escalating labor tensions in the oil sector.
Nigeria’s Alternative Fuel Shift in the Face of Real-World Challenges
The tax’s impact on reducing fossil fuel consumption and adopting alternatives like CNG may be limited without broader systemic and infrastructural support.
Nigeria and China Discuss Port Development, Sign Maritime Investment Deal
Both Nigeria and China reaffirmed their commitment to expanding bilateral cooperation to unlock Nigeria’s marine and blue economy potential for sustainable growth and economic prosperity.
Opposition Mounting Against Planned 5% Tax Petrol and Diesel
There is a broad opposition against the 5% incoming tax that highlights significant concerns regarding the tax’s timing, potential impact on citizens and businesses.
Ajaokuta Steel Company, Others One Step Closer in the SOEs’ Privatization Plan
Nigeria’s Federal Government is actively pursuing privatization of key assets, including Ajaokuta Steel, refineries, and airports, with the objective of improving efficiency, attracting investment, and stimulate economic growth through transparent and technically sound transactions.
How NELFUND for Next Session in the Southeast Depends on Schools
NELFUND Is Actively Sensitising the Region. The Fund has taken concrete steps to reach students in the Southeast.
Why Moving From Petrol in Nigeria to Cheap CNG is Still Failing
Petrol is everywhere. Every town and city has stations, so drivers don’t have to go out of their way to refuel.
Simply put, CNG is limited.
Relief for the Nigerians Paying for Netflix, Amazon Shopping With Naira Accounts
For students studying abroad, freelancers paid in foreign platforms, and families with bills outside Nigeria, the news signals both convenience and cost savings.
Naira Holds Steady After Banks Restore International Debit Card Usage
With reserves strengthening and investor inflows sustained, the naira’s steadiness suggests that policymakers’ efforts to stabilize the currency and restore market confidence are beginning to pay off.