The Federal Government’s efforts at making the Compressed Natural Gas, CNG, vehicles popular in Nigeria, may not get the needed gravitas after all, Vanguard investigation has revealed. What technicians are saying This is because many of the local automobile technicians Read more…
Category: Business
The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence operations after about six postponements, The PUNCH reports. It was observed that promises made to Nigerians by Read more…
Civil servants in the country have threatened to shut down states that refuse to pay the N70,000 new national minimum wage. The warning was given by the Association of Senior Civil Servants of Nigeria (ASCSN) on Monday at the association’s Read more…
The Dangote Group has denied reports of a planned increase in petrol price to N600/litre, as attributed to the Independent Petroleum Marketers Association of Nigeria (IPMAN). In a statement released on Tuesday, Anthony Chiejina, Group Chief Branding and Communications Officer, Read more…
The Nigeria Deposit Insurance Corporation (NDIC) has announced the payment of depositors with balances exceeding Five Million Naira (N5 million) following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024. The Read more…
Atlas Oranto Petroleum International Limited (AOPI), made up of Atlas Petroleum International Limited and Oranto Petroleum International Limited, an oil & gas firm with specialisation in oil drilling, has expanded its global reach with the signing of oil prospecting agreement in Read more…
Nigerian billionaire businessman, Tony Elumelu has said the Nigerian government and security operatives should tell Nigerians those who steal the country’s crude oil. Elumelu, who doubles as Chairman of Heirs Holdings stated this in an interview published by the Financial Read more…
By Uzo Ugwunze The Anambra State House of Assembly through its Committee on Commerce, Trade and Industry, and the umbrella body of traders in the state, Anambra State Markets Amalgamated Traders’ Association, ASMATA, Thursday, expressed satisfaction as they okayed the Read more…
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has stated that his $20bn Dangote Petroleum Refinery was built to use Nigerian crude and add value to it within the country. Dangote, who stated this in a statement Read more…
The Chairman and Editor-in Chief of the THISDAY-ARISE Media Group, Prince Nduka Obaigbena, has told the Tinubu administration that its actions fail to communicate to Nigerians the dire straits the country is in. Obaigbena said this while hosting the Minister Read more…
The Founder and Chief Executive Officer of Innoson Vehicle Manufacturing, Mr Innocent Chukwuma, has announced that the commuting public will soon benefit from cheaper transportation through Compressed Natural Gas-powered buses. He also urged Nigerians to exercise patience with the Bola Read more…
The Senate has raised concerns over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result. Senator Opeyemi Bamidele, Chairman of the Senate Ad Hoc Committee to Investigate the Alleged Read more…