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Fuel Subsidy: Tinubu to Meet NLC, Others

President Bola Tinubu will today meet with leaders of the organised labour over the proposed removal of fuel subsidy at the State House, Abuja. The meeting billed for 2pm is expected to be attended by the President of the Nigerian Labour Congress (NLC), Comrade Joe Ajaero; and his counterpart in ...

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Fuel scarcity resurfaces in Jigawa

By  Khaleel Muhammad Less than 24 hours after the official handing over to the new administration of Bola Ahmed Tinubu, fuel scarcity has resurfaced in Jigawa State. DAILY POST observed that most of the filling stations have closed and stopped dispensing fuel, also known as Premium Motor ...

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Petrol price jumps to N350/ltr as queues return

The downstream end of the Nigerian petroleum industry has gone into a frenzy as operators respond to the immediate removal of subsidy on petrol with a sharp hike in pump price just as consumers crowded to the petrol stations. Commercial transporters have also hiked their trip fares across the ...

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Tinubu sworn in as Nigeria’s President

By Williams Anuku The President-elect, Bola Ahmed Tinubu, has been administered with the oath of office by the Chief Justice of Nigeria, Olukayode Ariwoola. This is coming a few minutes after the Vice President-elect, Kashim Shettima, was also administered the oath of office. He was sworn-in ...

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We won’t islamize Nigeria – Shettima

By  Ogaga Ariemu Ahead of Monday’s inauguration, the Vice President-elect, Kashim Shettima, dismissed claims that the incoming administration of Asiwaju Bola Tinubu will Islamise Nigeria. Shettima made this clarification on Saturday while speaking at the inaugural lecture of the incoming ...

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CBN Raises Interest Rate to 18.5%

The Central Bank of Nigeria (CBN) Wednesday resolved to raise the Monetary Policy Rate (MPR), otherwise known as interest rate, by 50 basis points to 18.5 per cent from 18 per cent. Addressing journalists at the end of the two-day meeting of the Monetary Policy Committee (MPC) in Abuja, CBN ...

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