Friday, 27 December, 2024

Category: Business


Dangote Group has debunked reports that the Nigerian National Petroleum Company Limited (NNPCL) has started lifting Premium Motor Spirit (PMS), popularly known as petrol, from its refinery. The company issued the disclaimer in a Thursday statement signed by its Group Read more…


The Chairman of the Energy Transition Study Group at the Nigerian Gas Association, Olabode Sowunmi, has told expectant Nigerians not to invest so much hopes on the Dangote Refinery. He maintained that people should understand that Dangote Refinery is not Read more…


The federal government has responded to the hike in petrol price by the Nigerian National Petroleum Company Limited (NNPCL). In its announcement of the increase on Tuesday, NNPCL revealed that it had been hiked to N855 per litre. Speaking via Read more…


The President of Dangote Group, Alhaji Aliko Dangote said petrol from his refinery is the “real deal”. The billionaire businessman said this during a broadcast at his refinery in the Ibeju-Lekki area of Lagos State, as the refinery officially commenced Read more…


Nigeria has become the third largest debtor to the World Bank’s International Development Association (IDA) as of June 30, 2024, marking a significant increase in the country’s borrowing from the institution. This development has reflected substantial shift in Nigeria’s financial landscape under Read more…


The Academic Staff Union of Universities (ASUU), University of Lagos (UNILAG) Akoka branch, has expressed strong displeasure with the Eko Electricity Distribution Company (EKEDC) for disconnecting the institution from power supply for four days. While power has been restored as Read more…


By Uzo Ugwunze The Anambra State haulage revenue coordinator, Hon. Osita Ezeuka, Friday, reads riot act to members of his organization vowing to suspend erring ones even as he commended Governor Chukwuma Soludo, for sacking touts in the state. Sounding Read more…


The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to hand over the operations and maintenance of the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company to private operators. This move aims to engage reputable Read more…


The Federal Government has approved a 50 percent subsidy for electricity tariff in public hospitals across the country. This was announced by Minister of State for Health and Social Welfare, Tunji Alausa, while commissioning some projects at the Federal Neuro-psychiatric Hospital Read more…


The Nigerian Communications Commission, NCC, has directed all Mobile Network Operators, MNOs, to complete the mandatory verification and linkage of Subscriber Identification Modules (SIMs) to National Identity Numbers (NINs) by September 14, 2024. The NCC, on Wednesday, gave an update Read more…


Over 100 property owners in Lafiaji community, Eti-Osa Local Government Area of Lagos State, are planning legal action against the Federal Government as they are being issued demolition notices to evacuate their properties for the Lagos- Calabar Highway construction. This Read more…


A former youth president of Effi community in Ikom LGA of Cross River State, Alobi Ofuka, has listed an array of reasons youths in the community drove away Chinese nationals operating a wood processing factory on Monday. “How can you Read more…