Category Business/Economy

KEDCO Get New Communications Head

THE Management of Kano Electricity Distribution Company (KEDCO) appoints Sani Bala Sani as the new Head of Corporate Communications. His appointment is part of the Management’s efforts of realigning the company’s workforce for improved operational efficiency and corporate effectiveness. The…

Rising Poverty: FG Blames State Governors

THE Federal Government on Wednesday said state governors were partly responsible for the rising rate of poverty in the country. It blamed the state chief executives for favouring the construction of infrastructure, such as bridges and airports, in cities, rather…

Private Jet Owners Sue Government Over N30bn Tax

OWNERS of foreign-registered private jets, comprising top business moguls, leading commercial banks and other rich Nigerians, have dragged the Federal Government to court seeking to prevent the government from grounding their planes for allegedly refusing to pay import duty on…

Why Petrol Shortage Worsens In Lagos, Ogun, Others

THERE were indications, weekend, that the prolonged petrol shortage in Lagos, Ogun and  environs is worsened by illegal practices, especially arbitrary pricing and diversion, to unauthorised locations. Checks by Vanguard showed that some independent oil marketers, who complained about the…

Controversy Trails Unveiling Of New Naira Redesign

MIXED reactions have continued to trail the unveiling of the redesigned naira notes. While some expressed anger that the Federal Government had abandoned its responsibilities and issues that demand immediate solutions, such as insecurity, fuel scarcity, increasing unemployment, and food…

Petrol Price May Rise – Marketers Warns

OIL marketers, on Thursday, issued a stern warning to the public, asking them to expect to buy petrol at ‘any price’. Marketers, under the aegis of the Independent Petroleum Marketers Association of Nigeria that the Nigerian National Petroleum Company Limited…