BUSINESS
Petrol Queues Disappearing This Weekend, Says Minister
The Minister of State (Oil) Petroleum Resources, Heineken Lokpobiri, says there is availability of petrol despite the scarcity and hike in the price of...
VP Shettima Summons Lokpobiri, Mele Kyari, Ribadu Over Petrol Price Hike
Vice President Kashim Shettima has summoned the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and Group Managing Director of Nigerian National...
No Plan To Regulate Market Prices — FG
The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday said it has no plans to regulate prices in the Nigerian market. FCCPC in a...
NNPC Stations ‘Jerks Up’ Petrol Pump Price To N855/Litre
Some retail stations of the Nigerian National Petroleum Company (NNPC) are selling petrol at N855 per litre in some parts of Lagos, according to a viral...
Dangote Refinery Presents First Petrol Sample
The President of Dangote Group, Aliko Dangote, has presented the first sample of Premium Motor Spirit, otherwise known as petrol. Dangote made this presentation on...
Reduce Prices Of Items Within One Month, FG Tells Traders
The Federal Competition and Consumer Protection Commission (FCCPC) has given one month moratorium to traders and other market stakeholders involved in exploitative pricing to...
FG Appoints Managers To Lead $10bn Global Investment Fund
Twenty-three fund managers have been appointed by the Federal Government of Nigeria to lead the $10 billion Nigeria Global Investment Fund. A transformative initiative aimed...
Vice President Shettima Commends MSMEs For Providing Jobs For 80% of Nigeria’s Workforce
Vice-President Kashim Shettima, on Tuesday, asserted that 80 percent of Nigeria’s workforce would have been without job except for the existence of Micro, Small...
Togo, Benin Yet To Remit $14m Electricity Bill Owed To Nigeria — FG
None of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry made payment against the...
MTN, Havenhill Synergy, Others Get Permits To Generate Electricity
The Nigerian Electricity Regulatory Commission has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others for mini-grid electricity...
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