National Economic Council (NEC) has constituted an Ad-hoc Committee to engage with the leadership of labour unions to resolve issues surrounding the petrol subsidy removal across the states. Mr Olusola Abiola, Director Information, Office of the Vice President, in a…
Seplat Energy has denied reports of its ownership of the capsized Majestic rig in Delta State. According to a press statement issued by Seplat, “Contrary to some media reports, the Majestic rig is owned by Depthwize Nigeria Limited and not…
…El-Rufai, Niger Delta Ministry missing on list …Appoints Wike as FCT Minister, Oyetola for Transport By Moses Adeniyi Barely 79 days after inauguration on May 29, President Bola Tinubu has dished out portfolios to his ministerial nominees who have been…
…Loan aimed at strengthening naira, reducing fuel costs – NNPCL …Dubious tactic to make naira appreciate in parallel market – Atiku’s aide …De-institutionalize parallel market to stabilize Fx – NECA to FG Reactions have trailed the $3billion loan facility obtained…
…Insists on supplying only refiners who have fulfilled obligations The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has delivered 3,614,936 barrels of crude to three local refineries between September 2021 and May 2023. A statement issued by the management…
…as NAF refutes claim, says air mishaps are unavoidable Dogo Gide Armed Group, a terrorist group have claimed responsibility for the crashed Nigerian Airforce (NAF) MI-171 helicopter that happened at Chukuba Village in Shiroro Local Government Area of Niger State. However, reacting to the…
By Sodiq Adelakun Following a warning by the Central Bank of Nigeria to those involved in speculation in the foreign exchange market including the parallel market, the Naira on Wednesday gained against dollar as demand in the parallel segment of…
…Promises to cultivate 20,000 hectres of rice farm By Bankole Taiwo, Abeokuta Prince Dapo Abiodun, Governor of Ogun State on Wednesday commissioned the first phase of Imasayi-Iboro-Ayetoro road in Yewa North local government area of the State. Speaking at the…
…Food inflation up by 26.98% YoY in July 2023 …How flooding, high cost of transportation hiked food prices — Analyst explains …Tackling inflation requires urgent government intervention — CCPE By Seun Ibiyemi and Matthew Denis For the seventh month in…
…Describes Labour strike threat premature …Promises to clean up existing inefficiencies within petroleum sector By Moses Adeniyi In response to projections of further hike in the price of Premium Motor Spirit (PMS), popularly called petrol, and threats by the Organised…
