Category: Business

PENGASSAN strike: No need for panic buying – NNPC

…Over 2.9 billion litres of petrol available for yuletide The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible...

SEC DG meets Senate C’mittee on Capital Market

L-R,  Director General Securities and Exchange Commission Mr Lamido Yuguda, Member, Senate Committee on Capital Market Sen Oseni Yakubu and Executive Commissioner...

Sanwo-Olu presents N1.155trn 2021 budget of rekindle hope

…To abolish pension payment to ex governors, others The Governor of Lagos State, Mr. Babajide Sanwo-Olu has concluded the presentation of the 2021 budget themed...

PenCom sets to launch RSA transfer system

  The National Pension Commission (PenCom) will officially launch Retirement Savings Account (RSA) transfer system, under the Contributory Pension Scheme (CPS) on...

Airbus, Boeing crisis: EU to impose tariffs on U.S. products

  The EU will impose tariffs on U.S. products in the dispute surrounding aircraft manufacturers Airbus and Boeing, European Commission Vice President Valdis...

Delta communities shut down operations of OML 30

The Cluster Management Committee/President Generals Forum of Oil Mining Lease (OML) 30 in Delta, has shut down operations of Heritage Energy Operational Services Ltd...

lagos

Ehingbeti postponed to Q1 2021

Now a component of Rebuild Lagos Agenda The Lagos Economic Summit Group (LESG) has announced the postponement of Ehingbeti, the Lagos Economic Forum, earlier scheduled...

lagos

Lagos port exceeds installed capacity – Report

  The existing infrastructure in Nigeria’s port is inadequate to meet the demand of port users, a new report by the Africa CEO Forum and Okan Partners has stated....

Daily deposit with CBN: Banks record drop

  The Central Bank of Nigeria (CBN) has said average daily deposit amount of N84.27 billion in 246 transaction days in 2018 dropped to N48.32 billion in 251...

How NNPC withheld $21b from Federation Account – RMAFC

  The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed how the Nigeria National Petroleum Corporation (NNPC) failed to remit over $21...