Daily Record

Nigerians face hardship after fuel prices surge

Motorists queuing at a filling station Photo: Stanley Ogidi Fuel prices have almost tripled across Africa’s most populous nation after newly elected President Bola Tinubu announced Monday that subsidies were “gone”. This has triggered an increase in transportation costs, sending food prices soaring while electricity has become more costly for …

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Wema Bank SME Business School Trains 250 SMEs in Benin City

  L-R: Arthur Nkemeh; Head SME Banking,Wema Bank; Ms Debora Enakhimion; Permanent Secretary Office of the Secretary to State Government; Edo state; Tunde Mabawonku; Executive Director Digital and Retail Banking, Wema Bank; Mrs Violet Obiokoro- Managing Director; Edo State Skills Acquisition Agency (Edo Jobs); Osa Abbe (Assistant Director, Debt Management Office, …

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Subsidy regime ended in February 2022 – NNPCL

“That means by law, the subsidy regime was gone by 17 February 2022. But of course, the government can always decide to spend on its citizens, in the manner that it wants,” an official said. The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said the petroleum subsidy regime in …

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