Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Wednesday. “In April 2024, the headline inflation…

Lagos state governor, Babajide Sanwo-Olu, has called for the building of a sustainable tax culture anchored on transparency, accountability, and efficiency in tax administration. Sanwo-Olu in his address at the 26th Annual Tax Conference of the Chartered Institute of Taxation of Nigeria (CITN) hinged…

Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC), have arrested thirteen fake Bureau De Change operators in Lagos. A statement by the commission’s Head, Media & Publicity, Dele Oyewale, on Tuesday, said they were arrested for operating…

Dangote Petroleum Refinery on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940, and N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago.…

The Federal Competition and Consumer Protection Commission has sealed an Abuja-based Chinese supermarket for barring Nigerians and restricting entry to Chinese nationals. The commission,  which on Monday summoned the owner of the supermarket along Airport Road, to appear before it on Wednesday, said…

The Federal Government has vowed to take stringent regulatory measures against traders “unfairly inflating prices” of goods and commodities. The government, through its agency, the Federal Competition and Consumer Protection Commission (FCCPC), expressed worry that despite the recent appreciation of the Naira against…