The Nigerian National Petroleum Limited Company has formally agreed to permit oil marketers, who operate under the auspices of the Independent Petroleum Marketers Association of Nigeria, to commence the lifting of Premium Motor Spirit (petrol) from its depot at a lower Read more…
By Egwonye Ujuaku The convener/designer of Nnewi Museum Commission, Arch. Ikechukwu Mbelu has described the founder of Cutix PLC, Engr Obiajulu Gilbert Uzodike OON, as a progressive-minded fellow who gave his best to humanity. Speaking during the funeral ceremony of Read more…
The Federal Government has authorized petroleum marketers to lift petrol directly from the Dangote refinery, bypassing the Nigerian National Petroleum Company Limited (NNPC). This move confirms the speculation that NNPC will no longer be the exclusive off-taker of Dangote’s fuel. Read more…
Human rights lawyer, Femi Falana, says it is illegal for the Nigeria National Petroleum Company Limited (NNPCL) to fix petrol prices. In a statement on Thursday, Falana said the action by the petroleum company contravened the provisions of the Petroleum Read more…
MTN Nigeria Communications Plc and Airtel Nigeria collectively generated about N3.67tn from their data and voice services in the first half of 2024, an analysis of their financial results showed. MTN, the country’s biggest telecom operator with almost 80 million Read more…
By Uzo Ugwunze The President General, Anambra State Market Amalgamated Traders Association (ASMATA), Chief Humphrey Anuna (Onwa Oraeri) has inaugurated about 200 stakeholders in various major markets across Anambra State. Speaking during the inauguration, which took place at the ASMATA Read more…
The President of Dangote Group, Aliko Dangote, has said that Nigeria needs to stop mortgaging crude oil to ensure the availability of feedstock for local refineries. Dangote, who spoke at a summit organised by the Crude Oil Refinery Owners Association Read more…
The Federal Government of Nigeria has announced that the Dangote Refinery has been granted exclusive authorization to supply jet fuel, or Jet A1, to all aircraft operating in the country. This was revealed by the Minister of Aviation, Festus Keyamo, Read more…
At the backdrop of economic gloom and general hardship being faced by the populace, banks operating in Nigeria are decaling huge earnings and profits.Why i wear face mask; my goal is to perform at O2 Indigo — Dj Tuzo, Jagaban of Mainland0:04 Read more…
The Anambra State Commissioner for Budget and Economic Planning, Mrs. Chiamaka Nnake, has announced that the State Government plans to unveil a fundraising initiative known as the “SoluDozie Anambra Initiative” to accelerate development across 179 communities in the state. Nnake Read more…
The Federal Government has officially commenced the sales of crude oil and refined petroleum products in Naira. The Minister of Finance and Coordinating Minister of the Economy announced that, in line with the Federal Executive Council (FEC) directive, the sale Read more…
The Central Bank of Nigeria has disclosed that it sold a total sum of $543.5m at the rate of N1,540 and N1,580 to authorised dealers banks between September 6 and September 30, 2024. This amount is the equivalent of N844.92bn Read more…