Category: Business
Total banks on Nigeria for 3m daily global output target
French super oil major, Total, is banking on Nigeria for its target surge its output to 3 million barrels of oil equivalent per day in 2019. The company, which will soon...
Brands shine at Abule Egba Mega trade fair
Brands have continued to enjoy patronage at the Abule Egba Mega Trade Fair in Lagos. One of such brands at the fair is Bukola Oriola Productions who is out to maximise...
N145 per litre petrol price fuels smuggling into Togo, Benin- PPMC
Managing Director of the Petroleum Products Marketing Company (PPMC), Mr. Umar Ajiya, has declared that the N145 per litre price of Premium Motor Spirit (PMS) also know...
Nigeria’s taxpayer population hits 33m – Fowler
The country’s taxpayer roll is set to hit 33 million, This was disclosed by Mr. Tunde Fowler, Chairman, Joint Tax Board (JTB) and Executive Chairman, Federal Inland...
N800bn subsidy: Marketers beg FG as banks confirm 79 filling stations, 9 tank farms seizure
Banks have confiscated multi-billion naira worth of assets including over 79 filling stations and nine tank farms from fuel marketers as the lenders heightened...
Nigeria loses $6bn from ‘corrupt’ oil deal linked to fraud
A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria losing an estimated $6bn. The campaign...
Exclusive: $2.4bn AKK project: NNPC’s ground breaking target suffers
The Nigerian National Petroleum Corporation (NNPC) has missed the October target it set for the ground breaking of the $2.4 billion Abuja Kaduna Kano (AKK) project....
Samsung apologises to workers over factory cancer cases
SAMSUNG Electronics, Friday, apologised to workers who developed cancer after working at some of its factories, finally ending a decade-long dispute at the world’s...
Food prices dip in Kwara, Ondo, Akwa Ibom as inflation drops to 11.26%
Food prices in four states of the country experienced negative inflation between September and October 2018. According to the consumer price index (CPI)/Inflation report...
NLPGA bemoans N1trn fuel subsidy
The difficulty buoyed by Federal Government’s inaction to end over N1 trillion average annual investments on fuel subsidy has, according to the Nigerian Liquefied...
