UgamatvNNPC discloses when it will increase fuel price, makes clarifications on ‘July increment’
The Nigerian National Petroleum Corporation (NNPC) has said there was no plan to increase the official pump price of Premium Motor Spirit (PMS), otherwise known as petrol, from N162 in…
Enugu govt gives 14 days eviction notice to Eke-Obinagu market traders, NNPC tankers
The Enugu Capital Territory Development Authority (ECTDA) has ordered all bystanders, hawkers, highway traders and petroleum tankers at Eke Obinagu, along Enugu-Abakaliki-Cameroon highway to vacate all sides of the Trans-African…
Tochukwu Chukwu
- Business , News , Politics
- June 29, 2021
- 186 views
UN AGENCY TAKES OVER OGONI CLEAN-UP FROM HYPREP
The board of the Hydrocarbon Pollution and Remediation has said 70 per cent of the clean-up of impacted sites in Ogoni land, Rivers State, will now be managed by the…
Petrol landing cost hits N232, subsidy rises to N5.58bn daily
The landing cost of Premium Motor Spirit being imported into Nigeria surged by more than 60 per cent between December 2020 and mid-June this year, although the pump price of…
- Business , News , Politics
- June 28, 2021
- 150 views
PETROL LANDING COST HITS N232, SUBSIDY RISES TO N5.58BN DAILY
..April landing cost, N216, devaluation, rising crude price fueling price increase..Rising subsidy payment reduces funds for infrastructure development – Rewane The landing cost of Premium Motor Spirit being imported into…
Nigeria risks losing $34bn in annual export earnings – Report
A new study by Standard Chartered has said Nigeria risks losing $34.3bn in annual export earnings if it does not cut carbon emissions in line with the net-zero plans of…
- Business , News , Politics
- June 26, 2021
- 168 views
ADDRESS OVERPOPULATION OR PREPARE FOR MORE CYBERFRAUD, EXPERTS WARN FG
Across section of technology experts have warned the Federal Government to address the rising population in the country and close the socioeconomic gap or gear up for more local and…
- Business , News , Politics
- June 26, 2021
- 167 views
AUDITOR-GENERAL QUERIES MULTIBILLION-NAIRA IRREGULARITIES IN NPA ACCOUNTS
The Office of the Auditor-General of the Federation has issued seven queries on the audited accounts of the Nigerian Ports Authority in 2017. The queries include standalone financial statements, non-current…
- Business , News , Society and Events.
- June 25, 2021
- 194 views
Enugu traders, Artisans, count losses over shops Demolition
Traders and artisans in Enugu are counting there looses after illegal structures including road side markets, mechanics workshops was demolished by the Enugu Capital Territory Development Authority (ECTDA) on Thursday. The…
Borrowing: Budget Office backs Lawan, says Nigeria poor
The Budget Office of the Federation has said Nigerians must admit that their country is poor and only potentially rich. It also stated that the country must keep borrowing to…
