Category : Business

Nigeria imports $5.8bn worth of petrol to tackle fuel crisis

7 hours ago / 0 comments

  The Nigerian National Petroleum Corporation (NNPC) says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced … Read more

Air Peace set for international operations, takes delivery of triple 7 jumbo jet

7 hours ago / 0 comments

Allen Onyema, Air Peace Chairman Nigerian carrier, Air Peace, has taken delivery of one of its newly acquired Boeing 777-200 aircraft in preparation for its commencement of international operations. The … Read more

‘Corruption not worse under the Buhari administeration’

8 hours ago / 0 comments

  President Muhammadu Buhari has told the Transparency International to focus whatever report they are publishing on facts and not fiction. The President in a statement by his Senior Special … Read more

 Cartels frustrating Eastern ports revival efforts – Amaechi

1 day ago / 0 comments

  Minister for Transportation, Hon. Chibuike Rotimi Amaechi, has identified insecurity instigated by cartels who, he said, are bent on frustrating government efforts at reviving ports in the Niger Delta … Read more

Specialised bank for inventors coming—-Onu

1 day ago / 0 comments

  The Minister of Science and Technology, Dr Ogbonnaya Onu, says Federal Government is working towards establishing specialised bank to assist innovators and entrepreneurs in science and technology ventures. The … Read more

EFCC recovers N102m for Bank of Agriculture

1 day ago / 0 comments

  The Economic and Financial Crimes Commission (EFCC), Kaduna zonal office, has recovered N102 million diverted from the Bank of Agriculture (BOA) in Kebbi. A statement by the spokesman of … Read more

    FAAC Disbursements Increased by 25% to N6.41 Trillion in 2017

2 days ago / 0 comments

  VAT disbursements on the increase Revenues projected to increase in 2018 Positive signals on non-oil sectors   Abuja. February 20, 2018. The Federation Account Allocation Committee (FAAC) disbursed a … Read more

EU nations should seize chance to boost renewable energy:study

3 days ago / 0 comments

  E U member states should take advantage of falling costs for renewable energy to invest more in the sector and make it account for a third of total energy … Read more

Management of DTN hails firm’s takeover by AMCON

3 days ago / 0 comments

  The Board and Management of Folio Communications Limited, owners of Daily Times of Nigeria, (DTN), have hailed the takeover of the company by the Asset Management Company of Nigeria, … Read more

Petrol scarcity may worsen as depot owners threaten strike over N650b debt

3 days ago / 0 comments

Queue at fuel station in Lagos The crippling fuel scarcity may worsen as Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) is threatening to go on strike over N650 … Read more