BUSINESS
Hardship For Nigerians As Inflation Hits Highest Since 2005 At 20.5%
Nigerians are gasping for breath as the inflation rate rose by 0.92 basis points to 20.52 per cent in August from 19.6 per cent...
NCAA Suspends Azman Air For Failing To Renew Licence
The Nigerian Civil Aviation Authority (NCAA) has suspended Azman Air over the carrier’s inability to renew its Air Operators Certificate (AOC). It was also learnt...
Port Harcourt Old Refinery Will Commence Operation December, FG Assures
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Wednesday, said that the Old Port Harcourt Refinery would become functional by December...
Oil Production: We Can’t Meet OPEC Quota, It’s Responsible For Why We’re Broke — Buhari
President Muhammadu Buhari has said that with the high price of oil in the world markets, producing at about half our OPEC quota has...
Nigeria’s Economy On A Steady Growth Despite Global Challenges, Says Buhari
President Muhammadu Buhari Friday in the State House Abuja stated that despite the disruptions in global economy and internal troubles, the Nigerian economy has...
NDE Trains 50 Zamfara Youths On Agriculture, Goat Production
The National Directorate of Employment (NDE) Zamfara State has commenced another round of skill acquisition programme in the post Sustainable Agricultural Development Training Scheme...
I Made Buhari Suspend His Plan To Make Nigerians Pay More On Calls, Data — Pantami
Minister of Communications and Digital Economy, Isa Ali Pantami, has narrated his role in the suspension of the proposed five percent tax on calls...
FG Talks Tough, Vows To Deal Bloody Nose On Oil Vandals, Thieves
The federal government yesterday said it would clamp down on vandals and oil thieves sabotaging the economy. The Minister of Interior, Rauf Aregbesola, said President...
CBN Releases $265Million To Airlines
In a move to check the crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) yesterday, released the sum of $265...
Locally Constructed Refineries Should Not Be Called “Illegal” N54.66bn On Turnaround Maintenance Fraudulent — Udensi
Interpol Systems Consultant and security expert, Sir Chikwe Udensi has decried the amount being spent by the federal government on subsidizing petroleum products in...
