Mr Gbenga Komolafe, CCE, NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to revoke the licences of oil operators or settlors who failed to remit the three per…
Category: Business
BrandXchange Hosts Consumers Value Awards for Sensitization, Awareness on Rights, Consumerism
Adewumi Ademiju In an attempt to sensitize consumers more on their choices, rights and consumerism, a technology, sales and marketing solutions company, BrandXchange is hosting another Consumer value awards to…
NNPC secures $3bn crude oil repayment loan to stabilize naira
The NNPC Limited on Wednesday disclosed that it has signed a Commitment Letter and Term Sheet with AfreximBank for an emergency $3 billion crude oil repayment loan. The company said…
Current Fuel Price is Sustainable,No Further increase , says Presidency
Leyoo Ajeokun The presidency has officially assured Nigerians that the current price of petroleum price is sustainable that there will be no increase in petroleum products prices at the moment.…
Labour vows Economic Shut Down if Petrol price rises again
The Nigeria Labour Congress, NLC, yesterday said it would not give notice before embarking on economic shutdown should the petrol pump price increase again. It also raised alarm over the…
Fuel Purchase Reduced By 50 Per Cent, Reduce Pump Price – IPMAN Begs Tinubu
By Kolawole Kayode The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said the purchase of fuel has reduced by 50 percent. IPMAN’s Chairman in Enugu depot, Chinedu Anyaso, blamed…
AfDB expresses readiness to support Tinubu’s vision for Nigerian economy
The Head of the African Development Bank, Dr. Akinwumi Adesina has lauded what he described as bold and sound policies of President Bola Ahmed Tinubu for Nigeria’s economy. Adesina, who…
Sallah Ram : Why Gov. Oyebanji Deserves Commendation- Ekiti Livestock Dealers
A group of traders under the aegis of Ekiti local livestock sellers responsible for the selling of Goat and Ram in the state have applauded the state Governor, Mr Biodun…
Nation’s Workforce reject hike in electricity tariff
The Nigeria Labour Congress, NLC, Trade Union Congress, TUC, and civil society organisations, CSOs, have kicked against the planned 40 per cent hike in electricity tariff, which would begin on…
DMO cautions FG against more Borrowing
The Management Office, DMO, has warned the Federal Government against additional borrowing, saying 73.5 per cent of revenue generated this year will be used to service debt. According to the…