Vice President Yemi Osinbajo clarified today that the NNPC and not the Federal Government pays for the fuel subsidy that has emerged with the N171…
View More NNPC not FG bears the cost of fuel subsidy- OsibanjoCategory: Business
Fuel crisis to be resolved soon- Osinbajo
The Buhari administration is doing everything possible to quickly resolve the fuel shortages experienced by Nigerians, Vice President Yemi Osinbajo, SAN, has said. Prof. Osinbajo…
View More Fuel crisis to be resolved soon- OsinbajoFG to pay N40.70 on every litre of petrol to retain N145
The federal government will have to pay N40.70 for every litre of imported petrol to maintain retail price at N145 per litre. Maikanti Baru, group…
View More FG to pay N40.70 on every litre of petrol to retain N145‘We are expecting Petroleum products in 40 vessels’
At least 40 vessels are expected to arrive Lagos ports this week, with petroleum products taking the lead with nine tanker vessels laden with Premium…
View More ‘We are expecting Petroleum products in 40 vessels’Fair participants confirm investment security in Rivers
The success of the just-concluded, 2017 Port Harcourt International Trade Fair, has been described as a strong pointer that Rivers State is safe for business…
View More Fair participants confirm investment security in RiversLCC reverses itself on Lekki/Ikoyi toll hike
Lekki Conservation Company (LCC) has said it will no longer increase the fares on the toll gate at the Victoria Island end of the Lekki-Epe…
View More LCC reverses itself on Lekki/Ikoyi toll hikeOsun’s modulated salary structure: Facts behind the figures
Some days to the beginning of a general strike by workers, Osun State explains that it is not owing the workers as it has been…
View More Osun’s modulated salary structure: Facts behind the figuresFayose orders sale of petrol at N145/L in Ekiti govt house
Governor of Ekiti, Ayodele Fayose, says he has ordered 80 percent of the petrol in the government house dump to be pumped out and sold…
View More Fayose orders sale of petrol at N145/L in Ekiti govt houseN750b cash-backing: MDAs yet to be credited
In the outgoing 2017, about N1.2t may have been paid out (N1.1t to ministries, departments and agencies (MDAs) for implementation of projects captured in the N2.…
View More N750b cash-backing: MDAs yet to be creditedBUA to Dangote: You’re desperado, misrepresenting govt
The management of BUA International Limited has accused Dangote Group Plc of sending false information to the public relating to the dispute between it and…
View More BUA to Dangote: You’re desperado, misrepresenting govt‘Nigeria’s economy still vulnerable despite exiting recession’
The International Monetary Fund (IMF) says the economy of Nigeria is still vulnerable in spite of the country exiting recession. In a statement by Raphael…
View More ‘Nigeria’s economy still vulnerable despite exiting recession’Yuletide: Prices of commodities soar in Bayelsa
The prices of beans, yams, rice, onions and tomatoes, have soared in Yenagoa, Bayelsa, the News Agency of Nigeria (NAN) reports. Some traders, who spoke…
View More Yuletide: Prices of commodities soar in Bayelsa2018 BUDGET SPEECH BY GOVERNOR OKEZIE VICTOR IKPEAZU OF ABIA STATE
GOVERNMENT OF ABIA STATE 2018 BUDGET SPEECH PRESENTED BY OKEZIE IKPEAZU PhD, GOVERNOR, ABIA STATE TO THE STATE HOUSE OF ASSEMBLY ON FRIDAY 22ND DECEMBER,…
View More 2018 BUDGET SPEECH BY GOVERNOR OKEZIE VICTOR IKPEAZU OF ABIA STATEManufacturer seeks ban on paint importation
The Managing Director of Intercontinental Paints Ltd., Mr Aigbe Omoregie, on Friday advised the Federal Government to ban importation of paints as part of initiatives…
View More Manufacturer seeks ban on paint importationTaraba proposes N96.5bn for 2018 fiscal year
Gov. Darius Ishaku of Taraba on Thursday presented a budget proposal of N96.5 billion to the state legislature for 2018 fiscal year. While laying the…
View More Taraba proposes N96.5bn for 2018 fiscal yearFG will reduce borrowing cost – DMO
The Federal Government will implement prudent fiscal and debt management in the coming years to reduce the nation’s debt cost, the Debt Management Office (DMO)…
View More FG will reduce borrowing cost – DMOCustoms hits N1trn highest revenue collection – Official
The Nigeria Customs Service (NCS) has recorded its highest revenue collection ever of over N1 trillion as against N770 billion target set for 2017. The…
View More Customs hits N1trn highest revenue collection – OfficialBank of Japan holds rates as inflation remains low
Bank of Japan (BOJ) Governor Haruhiko Kuroda gestures during a press conference at the BOJ headquarters in Tokyo on December 21, 2017. The Bank of…
View More Bank of Japan holds rates as inflation remains lowSenate challenges Adeosun on passage of 2018 budget
The Senate on Tuesday challenged the Minister of Finance kemi Adeosun, on Federal Government’s insistence on passing the 2018 Budget in January when less than…
View More Senate challenges Adeosun on passage of 2018 budgetEFCC: How we overpowered thugs of Innoson Motors CEO before arresting him
The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of Innocent Chukwuma, chief executive officer (CEO) of Innoson Group. A news published on…
View More EFCC: How we overpowered thugs of Innoson Motors CEO before arresting himInnoson Motors CEO arrested by EFCC
Operatives of the Economic and Financial Crimes Commission (EFCC) have allegedly arrested Innocent Chukwuma, chief executive officer (CEO) of InnosInnosonon Group. In a series of tweets…
View More Innoson Motors CEO arrested by EFCCYuletide: NSE market indices drop further by 0.52%
The market indicators of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by 0.52 per cent due to profit taking ahead of the Yuletide…
View More Yuletide: NSE market indices drop further by 0.52%Jigawa disburses N57.4m grant to 5,740 SME holders
The Jigawa Government has commenced the disbursement of N57.4 million grants to 5,740 small-scale business holders across the state. Alhaji Muhammad Mujaddadi, the Special Adviser…
View More Jigawa disburses N57.4m grant to 5,740 SME holdersAustralian coy to assist Nigeria check illegal mining
An Australian Company, Africa Mutual Resources, has solicited the support of Federal Government on “Blockchain Technology” to track illegal mining in the country. Blockchain is…
View More Australian coy to assist Nigeria check illegal mining