The federal government on Monday moved to resolve the crisis of confidence that has developed between its regulators and the multibillion-dollar Dangote Refinery over crude oil supply. Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, convened a high-level Read more…
The 16th Emir of Kano, Muhammadu Sanusi II, has said that Alhaji Aliko Dangote should not be blamed for buying dollars at lower rates at the time he was building his refinery because that was the actual rate the apex Read more…
President of Dangote Group, Aliko Dangote, weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all those who have purchased the same since the commencement of production. The refinery has so far exported Read more…
A circular by CBN Ag. Director of Financial Policy and Regulations, Mr. John Onoja, last night indicated that accounts that have remained dormant for 10 years and above would be affected. It said, “The provisions of this guideline shall apply Read more…
The National Executive Council (NEC) of the Nigeria Labour Congress (NLC) has provided more insights into how it brokered a deal with the Federal Government over the new national minimum wage, saying the leaders of the Organised Labour accepted the N70,000 offer Read more…
Famous Nigerian singer Paul Okoye, popularly known as Rudeboy of the P-Square duo, has opened up about his source of wealth following his arrest by the Economic and Financial Crime Commission (EFCC). Rudeboy and his elder brother, Jude Okoye, were Read more…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has said that the quality of petroleum products from the Dangote refinery, as well as those from Watersmith, Aradel, and other modular refineries, is inferior compared to imported ones. Chief Executive Read more…
After months of back and forth, the Federal Government and the Organised Labour have agreed on a new monthly minimum wage of N70,000. Minister of Information and National Orientation, Mohammed Idris, disclosed this to State House correspondents on Thursday after Read more…
Russian President Vladimir Putin has set his sights on a bigger role for a group of emerging nations as he seeks to topple the West-led world order. The group is known as BRICS for original members Brazil, Russia, India, China, Read more…
President Bola Tinubu has approved the appointment of Mrs. Didi Esther Walson-Jack as the Head of the Civil Service of the Federation (HoCSF), with effect from August 14, 2024. According to a statement by Presidential spokesman, Ajuri Ngelale, on Wednesday Read more…
The Federal Bureau of Investigation has arrested and charged a tech entrepreneur, Kingsley Inegbedion, for his alleged involvement in romance scams and business email compromise schemes that witnessed him and an accomplice, Efemena Igbe, who is still at large, posing Read more…
As the nation waits for a new National Minimum Wage, the Nigeria Labour Congress, NLC, has threatened to shut down the country for a month over plans by the National Assembly to deregulate the Minimum Wage. Ajaero warned that organised Read more…