Category: Business
N150 per litre: FG opens up on alleged fuel price hike
The Federal Government has opened up on allegation that it was planning to hike the pump price of Premium Motor Spirit (PMS) also known as petrol to N150 per litre....
NNPC offers crude swap, freight deals to subsidiary
The Nigerian National Petroleum Corporation (NNPC), has declared that its subsidiary, NIDAS Shipping Services, would be offered Direct Sales Direct Purchase (DSDP), and...
Nigeria drops on World Bank’s ease of doing business ranking
Despite maintaining her spot as Africa’s largest economy, Nigeria has dropped a spot on the latest World Bank Ease of Doing Business ranking, the World Bank has...
First Bank, Clickatell drive financial inclusion in Nigeria using WhatsApp
First Bank of Nigeria, in partnership with Clickatell’s Transact division, has commercially launched their Chat Banking channel on WhatsApp. This capability enables...
Failure of companies to pay tax breeds poverty in Nigeria – SERAP
A report by the Socio-Economic Rights and Accountability Project (SERAP) has shown how over US$8 billion oil and gas assets were sold to Nigerian entities –...
No plan to reduce or increase petroleum products pump prices – NNPC
In a release issued today in Abuja, the nation’s capital, the Nigerian National Petroleum Corporation (NNPC), dispelled the rumour of an impending review of pump...
NUPENG promises hitch-free end of year fuel distribution
The National Union of Petroleum and Natural Gas Workers (NUPENG) has assured of its willingness to work closely with the Nigerian National Petroleum Corporation (NNPC)...
Nigeria converts 5,600 vehicle-engines from petrol to gas
A total of 5,600 vehicles-engines hitherto running on Premium Motor Spirit (PMS) also known as petrol in Nigeria have now been converted to use Compressed Natural Gas...
FG supports increased indigenous participation in maritime business
The Federal Government is determined to promote and increase indigenous participation in the shipping business in Nigeria, the Minister of Budget and National Planning,...
US invests $24m to boost local enterprises, farming in Nigeria
Small business owners and farmers in Nigeria would soon benefit from a grant to be disbursed by the United States. The pool of fund from the United States African...
