CEO NLNG, Dr. Philip Mshelbila The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has advocated investment in Nigeria’s gas sector as an enabler…
Category: Business
eNaira poses no Threat to Financial Stability, says CBN
The Central Bank of Nigeria (CBN), has allayed the fears of Nigerians on the effectiveness of digital currency, this comes as the apex bank stated that the eNaira posed no…
Malicious Facebook Post: Erisco Foods fingers ‘powerful syndicate
The founder and Chief Executive Officer of Erisco Foods Ltd., Chief Eric Umeofia, says that a powerful syndicate keen on killing his company is behind the “false and malicious’’ social…
EKSG seals deal with WEMABOD on Informal Sector, Real estate development
Ekiti State Government has sealed a deal with WEMABOD Limited, a subsidiary of Odua Investment Company, on some areas of collaboration between the State and the organization. Ekiti State…
NUPRC issues ultimatum on 3% remittance to oil communities
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…
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…