From Our Correspondent Lagos, Jan. 20 ’25 (TNZ) Dangote Refinery has attributed the recent hike in the pump price of petrol across the country to high crude oil prices at the international market. TheNewsZenith reports that the company, in a statement, noted that the refinery was not directly responsible for the hike. It noted that any […]
From Our Correspondent Abuja, Jan. 15, ’25 (TNZ) The Tinubu Media Support Group (TMSG) has described the $7.6 billion fresh investment commitment for Nigeria, from the Africa Development Bank (AfDB), as a sign of a buoyant 2025. TheNewsZenith reports that TMSG, in a statement, noted the latest Foreign Direct investments (FDIs) interest which were unveiled […]
From Our Correspondent Abuja, Jan. 13, ’25 (TNZ) Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, in Saudi Arabia, advocated for Bold Reforms and Smarter Investments. TheNewsZenith reports that Edun made the advocacy at the Islamic Development Bank (IsDB) Governors’ Retreat in Al-Madinah, Saudi Arabia. The retreat aims to gather […]
By Abdulfatah Babatunde Lagos, Jan. 13, ’25 (TNZ) The Rector of Yaba College of Technology, Dr Ibraheem Abdul has called for institutional commitment to fostering industry partnerships in Nigeria. TheNewsZenith reports that Abdul made the call when he paid a visit to the NEM Insurance’s chairman and management team at the weekend in Lagos. The […]
From Our Correspondent Abuja, Jan. 10, ’25 (TNZ): The Democratic Front (TDF) says it supports Gov. Abdullahi Sule of Nasarawa State’s latest position on President Bola Tinubu’s tax reform bills, which are currently before the National Assembly. TheNewsZenith reports that TDF Chairman, Danjuma Muhammad and Secretary, Chief Wale Adedayo, announced this in a statement in Abuja. The […]
From Our Correspondent The Electricity Distribution Companies (DisCos) paid the sum of N137.06 billion to the Transmission Company of Nigeria (TCN) between January and September of 2024 as transmission and administrative charges. TheNewsZenith reports that this was despite the frequent collapsing of grid infrastructure, which collapsed more than 12 times last year. According to the […]
By Abdulfatah Babatunde The Tinubu Media Support Group (TMSG) says it is elated by the reopening of the Warri Refinery, describing it as an unexpected New Year gift from President Bola Tinubu’s administration to Nigerians. The group’s Chairman Emeka Nwankpa gave commendation in a statement emailed to TheNewsZenith on Friday in Lagos. It expressed a […]
Nairobi, Jan. 3, ’25 (TNZ) The Nairobi Securities Exchange (NSE) maintained its rally on the first trading day of 2025 on Thursday, with all key indices recording gains. Market data from the NSE showed that the benchmark NSE 20 Share Index, which ended 2024 at 2,010.65, rose by 48.02 points to close at 2,058.67. The […]
Kano, Jan. 3, ’25 (TNZ) Gov. Abba Kabir Yusuf of Kano State has voiced his administration’s rejection of the Tax Reform Bill proposed by the Federal Government, describing it as “ill-timed”. TheNewsZenith reports that the governor announced the rejection during the New Year celebration in Kano. 2025. Deputy Governor, Comrade Aminu Abdussalam Gwarzo, represented Yusuf […]
LUANDA, Jan. 1, ’25 (TNZ) Angola’s average daily oil production reached 1.134 million barrels in the first three quarters of 2024, increasing by four per cent. This compared to the same period last year, according to data from Angola’s National Petroleum, Gas and Biofuels Agency (ANPG). The rise follows Angola’s exit from the Organisation of […]