A coalition of timber dealers, including the Ifesowapo Timber Contractors Association, Ijaw Timber Contractors Association, Towing Vessels Association of Nigeria, Timber Sawyers Association of Nigeria, […]
Category: Business
Business
Federal High Court Orders Interim Forfeiture of N190.2 Million and $70,811 Stolen from Bank
The Federal High Court in Lagos has ordered the interim forfeiture of N190,277,634.2 million and $70,811.48, allegedly stolen from a first-generation bank by an employee, […]
Port Harcourt Refinery Faces Yet Another Delay Amid $1.5 Billion Rehabilitation Controversy
The Port Harcourt Refining Company (PHRC), a key asset under the Nigerian National Petroleum Company Limited (NNPC) in Rivers State, has once again failed to […]
Fuel Prices Soar to Nearly N1,000 Per Litre in Kano as Tricycle Fares Double
Fuel marketers in Kano State have dramatically increased prices, with a litre now selling between N900 and N950. This sudden hike has led commercial tricycle […]
ICPC Uncovers 22,074 Suspicious Personnel on FG Payroll Despite IPPIS Introduction
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has exposed the presence of 22,074 suspicious personnel on the payroll of the Federal Government, […]
Federal Government Ramps Up Efforts for Naira-Based Crude Sales to Local Refineries
The Federal Government has intensified its efforts to ensure a smooth implementation of President Bola Ahmed Tinubu’s directive for the sale of crude oil to […]
IPMAN Anticipates Dangote Refinery’s Petrol Prices to Range Between N600 and N650/Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is optimistic that the Dangote Petroleum Refinery will sell Premium Motor Spirit (PMS), commonly known as petrol, […]
Obasanjo Warns of Efforts to Frustrate Dangote Refinery, Criticizes Government’s Economic Policies
Former President Olusegun Obasanjo has voiced concerns that individuals benefiting from Nigeria’s fuel importation business may attempt to undermine the $20 billion Dangote Petroleum Refinery. […]
Dangote Refinery to Require N1.7tn Worth of Crude Monthly Following Presidential Directive
The Dangote Petroleum Refinery will need approximately N1.7 trillion worth of crude oil monthly due to President Bola Tinubu’s directive mandating the Nigerian National Petroleum […]
IMPI Predicts Food Price Drop Amid Import Duty Suspension
A policy think-tank group, Independent Media & Policy Initiative (IMPI), forecasts a significant drop in food prices following the federal government’s suspension of import duties […]