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Category: Business
CNG pumps: FG may fund installation as marketers lament high cost
The Federal Government may consider assisting independent fuel marketers with funding to install Compressed Natural Gas sales pumps at filling stations across the country, Saturday…
Tinubu, Shettima, other VIPs to pay airport, parking fees
President Bola Tinubu and the Vice President, Senator Kashim Shettima, will now pay airport access toll and parking fees at any of the nation’s airports.This…
CNG: Presidential committee to commence nationwide deployment May 29
The Presidential Compressed Natural Gas Initiative, PCNGI, has announced a series of activities leading to a nationwide deployment on May 29.This is sequel to the…
Nigeria’s Dangote Refinery returns to US for 24m barrels of crude
Nigeria’s $20 billion Dangote Refinery has reportedly issued a term tender to buy two million barrels of US crude oil monthly.This is according to a…
Flutterwave blocks network breach attempt, reports perpetrators to authorities
Payment company giant, Flutterwave has blocked attempted network intrusion and reported offenders to law enforcement agenciesThe company detected unusual activities in April and carried out…
Electricity tariff hike: Labour pickets IBEDC facilities in Ilorin
The Nigeria Labour Congress, NLC, Kwara State chapter, on Monday carried out its threat to picket distribution companies over the new electricity tariff introduced by…
Price of 12.5kg cooking gas surge by 55% in Nigeria
The average price of refilling a 12.5-kilogram Cylinder of Liquefied Petroleum Gas, Cooking gas, has surged by 55.22 per cent to N15,929.04 in March from…
Naira massively depreciates by N160 against Dollar in seven days
The Naira’s woes against the US dollar continued as the currency lost a significant N160 in seven days at the foreign exchange market.Mistila Dayyabu, a…
NNPCL opens reserves nationwide to end fuel scarcity in Nigeria – Marketers
Petroleum marketers have said the Nigerian National Petroleum Company Limited, NNPCL, has opened its reserves across the federation to end the lingering fuel scarcity.The National…
NNPC, marketers in war of words over fuel scarcity
The Nigeria National Petroleum Corporation has blamed the lingering fuel scarcity in the country on panic buying and sharp practices by some petroleum marketers who…