Economy

Dangote Refinery, others need production subsidy: TUC

The Trade Union Congress (TUC) has proposed a “production subsidy” for the Dangote Refinery and other modular refineries as a way to reduce the...

Lagos–London flight delayed after Air Peace detects minor fault

Air Peace has announced a temporary disruption to its scheduled Lagos–London Gatwick flight after a routine technical check detected a minor fault on the...

Nigerians now spend over ₦30,000 to prepare pot of jollof rice: Report

The average cost of preparing a pot of jollof rice for a family of five in Nigeria rose to ₦30,435 in the first quarter...

Dangote Refinery raises petrol price to ₦1,350 per litre

Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of Premium Motor Spirit to ₦1,350 per litre. The latest adjustment, confirmed on...

FG won’t return to subsidies or price controls: Oyedele

Nigeria’s Coordinating Minister of the Economy and Minister of Finance, Taiwo Oyedele, has said the federal government will not reintroduce subsidies or impose price...

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