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Category: business news
NESG wants FG to reopen borders, decries petrol, electricity price hike
The Nigerian Economic Summit group has today released a statement on the state of the Nigeria Nation to address major issues.The statement was signed by ‘Laoye Jaiyeola – CEO, NESG…
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SERAP condemns fuel, electricity hike. Demands reversal
Socio-Economic Rights and Accountability Project (SERAP) has condemned “the patently unfair and arbitrary hike in electricity tariff and fuel price by the government of President Muhammadu Buhari. This is unjust…
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Atiku queries deregulation against fuel price hike
Former Vice President Abubakar Atiku has again punctured the recent deregulation in petroleum that has led to an increase in fuel price, asking “If we truly deregulated, shouldn’t fuel price…
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FG announces total removal of subsidy, petrol price to be determined by market forces
Nigerians may experience a more severe energy crisis as the Federal Government jas resolved it is no more going to be releasing guiding price bands for the sale of Premium…
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Food scarcity: Nigeria borrows 5000 metric tonnes of grains from ECOWAS
As the prices of food commodities in Nigeria continue to sky rocket, the Federal Government on Sunday said a total of 5,000 metric tonnes of assorted grains were borrowed by…
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Nigeria loses N300 Billion to gas flaring in 7 months
Gas flaring in Nigeria’s oil fields has taken a huge toll on the economy, as the country flared 225.1 billion standard cubic feet of gas, between January and July 2020.…
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Petrol price hiked to N151 per litre
THE price of petrol has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC. In a…
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Sell dollar at N386 naira : CBN to BDC
Bureau De Change (BDC) operators in Nigeria can now get back to full business as the Central Bank of Nigeria CBN is set to resume the sale of foreign exchange.…
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International flights to resume in Nigeria September 5
International flights to and from Nigeria will now resume on the 5th of September as against 29th August as earlier announced by the Federal Government. It would be recalled that…
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FG, CAN, Churches bicker over new CAMA
The Corporate Affairs Commission (CAC) has said that those wailing over the new Company and Allied Matters Act (CAMA) should better stop because there is no going back. CAC said…
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