Business

Court bars NNPC, Ministry from allocating crude oil to Addax Petroleum

Justice Tijjani Ringim of a Federal High Court in Lagos has granted Federal Government's motion barring the Nigerian National Petroleum…

4 years ago

Govs to engage NLC, TUC on fuel subsidy removal

The Nigerian Governors’ Forum (NGF) is to engage organised labour unions on the removal of fuel subsidy in the country.…

4 years ago

Lagos acquires two U.S. high-speed trains for Red Line

Governor Babajide Sanwo-Olu has acquired two sets of new 10 cars Talgo 330kmph trains for Lagos Red Line rail project.…

4 years ago

OPEC report: Nigeria sheds 43,000 barrels per day in crude production

Nigeria’s crude oil production dropped to an average of 1.338 million barrels per day in December 2021, the Organisation of…

4 years ago

Buhari inaugurates 13 sky-high pyramids of rice in Abuja

President Muhammadu Buhari on Tuesday in Abuja inaugurated 13 sky-high pyramids consisting of one million bags of paddy rice. Unveiling…

4 years ago

Inflation rises to 15.63% in December, food prices push up CPI

Uptick demand for goods and services associated with yuletide season pushed Consumer Price Index (CPI) known as inflation to 15.63%…

4 years ago

NNPC’ll shed toxic liabilities, says Kyari

Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has disclosed that the state-owned…

4 years ago

NLNG to supply 100% LPG production to Nigerian market

The Board of Directors of Nigeria LNG Ltd. (NLNG) has approved the supply of 100 per cent of the company’s…

4 years ago

N264m Fraud: Car importer on trial over Benz S-class, G-Wagon, Rolls Royce

One Mohammed Sani Dàuda alongside his company, MS Seven Nigeria Limited, was on Wednesday arraigned before Justice Darius Khobo of…

4 years ago

Apapa Customs rakes in N870.39bn, seizes N31.2bn goods

The Nigeria Customs Service (NCS), Apapa Area Command, generated N870.39 billion revenue from January to December 2021. The Area Controller,…

4 years ago

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