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1 million Nigerians to receive N5,000 monthly

To assuage the anger of Nigerians over the increase in the price of premium motor spirit to N145 a litre,…

Abuja Bizmen begs NLC to shelve strike

The Abuja Chamber of Commerce and Industry (ACCI) has called on Nigeria Labour Congress (NLC) to shelve its planned nationwide…

NLC, TUC give Buhari 3 days to revert petrol price

The Nigeria Labour Congress and the Trade Union Congress have given President Muhammadu Buhari three days to revert the price…

Alimosho council destroys 100 shops

There was crying and wailing at the Rauf Aregbesola Modern Market in Iyana-Ipaja, Lagos State Saturday morning when officials of…

More companies shut over tax default

In continuation of its efforts to arrest the growing incidence of non-remittance of Value Added Tax (VAT), the Federal Inland…

FIRS shuts more firms in Lagos, Abuja

The enforcement unit of the Federal Inland Revenue Services (FIRS), on Friday continued its closure of big companies in Lagos…

Dangote suspends tomato paste production

Scarcity of tomatoes has forced the newly established Dangote Tomato Processing Factory in Kadawa, Kano State, to suspend production. Managing…

Ajaokuta steel company will be revived-Gov Bello

The Executive Governor of Kogi State, Alhaji Yahaya Bello, has assured the management team of the Ajaokuta Steel Company Limited…

BVN stalling payment of YouWiN beneficiaries

The Ministry of Finance has attributed the delay in paying beneficiaries of the Youth Enterprise with Innovation in Nigeria (YouWiN)…
Real reason for fuel scarcity in Abuja, other northern states

Petrol subsidy swept away, price now N145

The pump price of petrol in Nigeria was almost increased by 100 per cent today to N145, from N86.50, ending…

Lagos swimming in money

The Lagos State Government has recorded a total revenue of N101.69 billion in the first quarter of the 2016 budget…

Fake town planner nabbed in Lagos

Officials of the Lagos State Ministry of Physical Planning and Urban Development have apprehended a middle-aged man, Adeyemi Adebayo who…
Real reason for fuel scarcity in Abuja, other northern states

Time to end Nigeria’s petrol subsidy regime

By Sunday Attah The discussion on the deregulation of the downstream sector of the Nigerian petroleum Industry has been on…

Militants hurt Nigeria as oil output crumbles

A series of attacks on Nigeria’s oil infrastructure has pushed its output of crude close to a 22-year low, putting…

Fuel scarcity disrupts Aero Contractors’ operations

Nigeria’s domestic carrier, Aero Contractors, on Monday said limited supply of JET A1, also known as aviation fuel, has disrupted…

Amaechi queries LADOL over gazette

Minister of Transportation, Rotimi Amaechi has queried the management of LADOL Integrated Logistics FZE to explain how it came about…

World Bank commends Nigeria for implementing agric programme

World Bank supervision ‎team has commended the implementation of West Africa Agricultural Productivity Programme (WAAPP) in Nigeria. The team gave…

Prices of building materials rise

A survey conducted in some major towns in Delta State between January and April reveals that the prices of some…

NNPC pays N69bn to Federation Account

The Nigerian National Petroleum Corporation (NNPC) has paid the sum of N69.544 billion into the Federation Account in March. This…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

2016 budget will strengthen the naira

AProf. Park Idisi of the Department of Agriculture, University of Abuja, on Saturday said the 2016 budget would increase exports…

Chevron loses 35k barrels daily after militant attack

US energy giant Chevron said it has lost thousands of barrels worth of oil production capacity since militants blew up…

Saudi Arabia sacks oil minister

Saudi Arabia has sacked its oil minister Ali al-Naimi as part of a major cabinet reshuffle, state media reported. Naimi…

Fashola, save us on Lagos-Apapa expressway-Transporters

For the umpteenth time transporters operating along the two major seaports in Lagos have appealed to the federal government to…

2016 Budget: Experts advise on implementation

Following the signing of the 2016 budget into law by President Muhammadu Buhari on Friday, some economic experts have advised…

Petrol: Why we sell above official price-marketers

Though the supply of petroleum products across the country has greatly improved after weeks of scarcity encountered by Nigerians, but…

GSM dealers want local phone factories

To reduce the massive unemployment in the country, GSM dealers have appealed to the federal government to create an enabling…

Ukraine to invest $1bn in Ajaokuta steel company

The Ukrainian Ambassador to Nigeria, Valeriy Aleksandruk has said that his country is ready to invest one billion dollars into…

Niger Delta militants attack Chevron facility

Militants attacked a Chevron platform in Nigeria’s oil-rich Niger Delta region late on Wednesday, the United States energy company said…

N350 tomato now sells for N3,500

The prices of tomatoes have gone up by 1,000 per cent in Jos and environs in Plateau, a market survey…

Nigeria’s capital imports crash by 74% in first quarter

The total value of capital imported into Nigeria in the first quarter plunged to $710.97 million, a 73.79 per cent…
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