Petrol scarcity persists, transport fares rise by 100%
Petrol scarcity in Abuja and neighbouring Nasarawa and Niger states persisted on Tuesday and provoked an over 100 per cent rise in transport fares in many locations of the affected…
Petrol scarcity, ploy to hike price, say marketers
The queues by motorists for petrol grew worse in Abuja and neighbouring states of Nasarawa and Niger on Monday as only few filling stations dispensed the commodity. But despite the…
External reserves drop by $1.1bn in one month
External reserves dropped by $1.1bn in February, according to statistics obtained from the Central Bank of Nigeria on Monday. The reserves which stood at $36.19bn as of February 1 fell…
Southern states dismiss blockade, North food traders insist on strike
Some southern state governments and farmers have dismissed the blockade by northern food suppliers, saying it is an opportunity for the South to boost its food production capacity. Officials of…
MTN Nigeria profit rises, revenue hits N1.35tn
MTN Nigeria Communications Plc has reported a profit before tax of N298.87bn for the 2020 financial year, up from N291.28bn in the previous year. The telecommunications company, in its audited…
FG partners WITH firm to reduce Nigeria’s wheat import
The Federal Government on Sunday announced that it had entered into partnership with Crown Flour Mills to reduce the importation of wheat into Nigeria. Minister of Agriculture and Rural Development,…
Shell to boost Nigeria’s domestic gas plan
The Shell Petroleum Development Company of Nigeria Limited has keyed into the Federal Government’s goal of using the country’s proven gas reserves to increase economic activities for gas-based industrialisation of…
Fuel queues spread over looming price hike
The queues for petrol grew worse in some parts of the country on Sunday following the shutdown of many filling stations amid heightened expectations of an increase in the pump…
4$2.6bn contract: Reps fault plan to invite 50 expatriates
The House of Representatives Committee on Local Content has faulted the plan for the Brentex CPP, the consortium handling construction of the Ajaokuta-Kaduna-Kano gas pipeline construction, to bring 50 expatriates…
Petrol price will definitely increase — Realink MD/IPMAN PRO
The Managing Director, Realink Oil Nigeria Limited and Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Mr Ukadike Chinedu, speaks about oil sector issues, in this interview. What were…














