Be the first to know the latest updates
The Nigerian National Petroleum Company (NNPC) Limited has launched 12 new Compressed Natural Gas (CNG) stations in Lagos and Abuja, marking a significant step towards enhancing Nigeria’s energy infrastructure. The inauguration ceremony, held on Thursday, saw the simultaneous opening of six CNG stations in Abuja, constructed by NNPC Retail Ltd, and six CNG-Autogas stations […]
The Commissioner, for Finance and Chief Economic Adviser to Ogun State, Mr. Dapo Okubadejo, has revealed that the state’s Internally Generated Revenue (IGR) has almost tripled from N50 billion in 2020 to almost N150 billion in 2023, thereby ranking Ogun the 3rd in IGR in Nigeria. He also disclosed that the Dapo Abiodun administration would […]
Foreign companies from across West Africa are showing keen interest in participating in this year’s Gateway International Trade Fair, slated to run from April 19 to April 29. Alongside them, stakeholders from various sectors, including food, beverages, health, agriculture, manufacturing, banking, and small and medium-scale enterprises, are also eager to secure pavilions and spaces at […]
The $20bn Dangote Petroleum Refinery has initiated the sale of Automotive Gas Oil, commonly known as diesel, to oil marketers nationwide. Diesel sales, which commenced last week, were confirmed by dealers and plant officials on Tuesday. National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, stated: “They began pumping diesel to marketers […]
The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureau de Change (BDC) operators across the country. The announcement was made in a statement released on Friday by Sidi Ali Hakama, the acting director of corporate communications at CBN. The decision comes as a result of the operators’ failure to comply […]
The Central Bank of Nigeria (CBN), Nigerian banks have issued urgent notifications to their customers, emphasizing the need to update their bank account information with their Bank Verification Number (BVN) and National Identification Number (NIN) before the impending deadline of Friday, March 1, 2024. Failure to comply with this directive may result in customers being […]
The Minister of Information and National Orientation, Mohammed Idris, the Federal Government has moved to allay fears of job losses following the implementation of the long-awaited Oronsaye Report. After twelve years of deliberation, the government has approved certain recommendations from the Oronsaye Report aimed at reducing the nation’s governance costs. This decision entails merging […]
Renowned lawyer and human rights activist, Mike Ozekhome, SAN, has strongly criticized the current administration led by President Tinubu, stating that it has exacerbated poverty levels in Nigeria. During a live program on Channels TV, Ozekhome emphasized the urgent need for Tinubu and his team to address the economic challenges gripping the nation, especially as […]
In a keynote address at the 2024 Nigeria International Energy Summit (NIES) in Abuja, President Bola Tinubu provided insights into the decision to remove the subsidy on petrol, emphasizing the necessity for transparency and accountability in the energy sector. Acknowledging the hardship caused by the subsidy removal, President Tinubu assured the nation that the decision […]
In a late-night meeting between the Federal Government and Organised Labour, held at the State House in Abuja, negotiations hit a deadlock on Monday evening. “The rally goes on and it is part of their constitutional responsibility to ensure that the rally is peaceful,” declared Joe Ajaero, President of the Nigeria Labour Congress (NLC), following […]
Welcome to Timeless Update, where we curate and deliver the latest news and trends with a touch of timeless elegance.
Timeless Update @2023-2024. Developed by Dozen.com.ng . All Rights Reserved.
