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   By allcitynews.ng  A Non-governmental Organisation, the Working People United (WoPU) has commended President Bola Ahmed Tinubu for the Federal Government’s intervention in the petroleum sector, aimed at moderating petrol costs and easing the economic burden on Nigerians. WoPU considers this development a welcome step with the potential to improve the socioeconomic conditions of Nigerian workers, households, traders and small business owners, particularly through its anticipated impact on transportation costs and food prices. The National Coordinator-General Working People United (WoPU), Prince Williams Eniredonana Akporeha, who made this known, maintained that the movement is particularly encouraged by the potential benefits of the intervention over the next 30 days. However, the success of this initiative should ultimately be measured by the extent to which ordinary Nigerians experience tangible relief in their daily lives. At a time when Nigerians are grappling with ...

  By  Dr Muda Yusuf  Full Details: The Centre for the Promotion of Private Enterprise (CPPE) is concerned about attempts to characterise the Federal Government's recent fuel price relief initiative through the Nigerian National Petroleum Company Limited (NNPC) as a reversal of the petroleum subsidy removal policy. Such an interpretation is misleading and fails to distinguish between a fundamental policy reversal and a temporary intervention in response to an extraordinary economic shock. The current escalation in petroleum product prices is driven principally by developments in the global energy market, particularly geopolitical tensions that have pushed crude oil prices above $100 per barrel. This is an external shock affecting both oil-producing and oil-importing economies. It is neither a consequence of Nigeria's subsidy removal policy nor peculiar to the Nigerian economy. Extraordinary economic circumstances sometimes require exceptional policy responses. Governments ...

Deputy Director of Public Affairs, Mrs Christiana Obiazikwor Some of  the Can Drinks discovered inside  the relabelling shop By allcitynews.ng Following the  continuous manufacturing and circulation of fake, expired  or adulterated products across the  country, despite repeated efforts by the concerned authority to  curb the menace, concerned Nigerians have called on National Agency for Food and Drug Administration and Control (NAFDAC) to involve use of payable whistle-blowers to fast t Evacuation of the seized cartons  The 2  arrested suspects  Just as two suspects were  arrested when  National Agency for Food and Drug Administration and Control (NAFDAC) invaded  Trade  Fair Complex in Lagos on Tuesday, October 13. The  raid of the  complex,  according to  NAFDAC officials was made  possible following the intelligence report they received on the  dangerous place where they are  repac...

  WELCOME TO THIS NEWS CRUISE CONTROL PLATFORM WHERE YOU  CAN TRAVEL AROUND THE WORLD VIA READING NATIONAL AND INTERNATIONAL NEWS WITHIN FEW MINUTES- COME ALONG, ENJOY THE RIDE                               NEWS UPDATE, TUESDAY,  13-10-2026 **2027: PDP lawyers give INEC three-day ultimatum to publish Pantami’s name   **Hamzat commissions PBAT/KOH Lagos Central Campaign Office, mobilises support for Tinubu, APC candidates  **PFIPC Scandal: FG moves Adeyemi case to FCT High Court **Atiku faults coastal highway rerouting, asks Tinubu to publish costs **Umahi insists coastal highway intact amid realignment controversy  **CNG deployment: Commuters await fare cut as FG invests $2.5bn ....as it's  pledges CNG buses around campuses **Court rejects Aisha Achimugu’s ₦10bn suit against EFCC   **Show respect, APC campaign tells Atiku over Bola remarks  **13% derivation not enough ...

 FINANCE & INVESTMENT ARENA    By allcitynews.ng  The Finance and Business Online Publishers Association (FiBOP) has urged stakeholders in finance, taxation, insurance, fintech, trade and investment to participate in its 2026 Annual Conference and Awards scheduled for October 17 and 18 in Lagos. The association will use a live radio interview on Radio Nigeria 103.5FM on Wednesday to promote the event, highlight its objectives and encourage participation from industry leaders, policymakers, regulators, investors, media professionals and members of the public. The programme will air from 10:00 a.m. to 10:30 a.m., with the Chairman of the FiBOP Conference Event Committee and the President of the association discussing preparations for the conference and awards. The two-day event will hold at Orchids Hotel, Lekki, Lagos, beginning at 10:00 a.m. daily, under the theme: “Unlocking Nigeria’s Economic Potential: Taxation, Industry, Insurance, Fintech, Trade and Investmen...

  Posted by allcitynews.ng  Alpha Morgan Bank Limited has announced the relocation of its Head Office from 44 Adetokunbo Ademola Crescent, Wuse II, Abuja, to 52 Adetokunbo Ademola Street, Victoria Island, Lagos, marking a new chapter in the Bank’s growth and nationwide expansion.  The move follows significant milestones, including the expansion of its branch network across several cities. Within its first 10 months of operations, the Bank recorded a Profit Before Tax (PBT) of ₦1.9 billion and exceeded its capitalisation threshold, reflecting strong early momentum.  Beyond financial performance, Alpha Morgan Bank continues to invest in people through inclusive recruitment, support communities through its Corporate Social Responsibility initiatives, and promote economic knowledge sharing through the quarterly Alpha Morgan Economic Review webinar with Bismarck Rewane.  Commenting on the relocation, the Managing Director/Chief Executive Officer, Mr. Ade Buraimo, sai...