Epileptic power supply being experienced across the country in recent times is caused by system disturbances and disruptions and not because of national grid collapse as being insinuated in some quarters. The declaration was made on Thursday in Abuja by…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Thursday said the Nigerian National Petroleum Company Limited (NNPC)/Pipelines and Product Marketing Company (PPMC) have enough petrol on ground. IPMAN said there are over 20 vessels of ships fully loaded with…
As political campaigns ahead of the forthcoming presidential elections get to the crescendo, rhetorics targeted at attacking persons, ethnic/tribe/ religious cards against issue-based should be discouraged by all Nigeria voters. Putting things into perspective, by “issue-based” campaigns, it implies that…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX), closed flat on Thursday by 14.06 basis points 0.03 per cent, as market capitalization value gained N7.24 billion to close at N24.146 trillion from N24.138 trillion as it closed…
Amid Nigeria’s tight fiscal space, the Federal Government has recorded a deficit of N5.33tn between January and August 2022, which is N430.82bn above the prorate level. The government spent N9.56tn from January to August 2022, out of N11.55tn pro rata…
The exchange rate between the Naira and the US dollar at the black market increased by 0.13 per cent to trade at N742/$1 on Thursday from N743/$1 recorded in the previous trading session. The Naira at the cryptocurrency peer-to-peer FX market…
The Lagos State Chamber for Commerce and Industry (LCCI) held its third new members’ induction ceremony for the year with 57 organisations inducted. According to the President of the chamber, Asiwaju (Dr.) Michael Olawale Cole, CON, “For over 13 decades,…
Over the past three years, the Federal Government has proposed to spend a total of N7, 454,000,000 to establish a new national carrier otherwise known as Nigeria Air. This information is according to figures contained in the proposed annual national…
Following the recent allegation by a Dubai-bound Nigerian citizen of sharp practices by some Nigeria Immigration personnel during passenger clearance which occurred about three (3) weeks ago at the Lagos Airport, the Comptroller General of Immigration, Isah Jere Idris, MFR,…
Seeking to increase government’s revenue base, Naebi Dynamic Concepts Limited, an indigenous aviation consulting firm has been designated to collect charges from over 250 helicopters platforms, oil rigs platforms, airstrips, aerodromes, helipads, helipods and Floating Production Storage and Offloading (FSPO)…
