WORKERS Union of Nigeria, MWUN, has issued a seven-day strike notice over the planned acquisition of Tin Can Island Container Terminal, TICT, and Bollore Transport and Logistics Nigeria Limited by Mediterranean Shipping Company, MSC. MWUN lamented that the fate of…
PREMIUM Motor Spirit (PMS), popularly known as petrol, now sells for between N240 and per litre N250 in Awka, the Anambra state capital, and its environs. Trojan.com.ng Sighted the situation in Awka on Wednesday, reports that the NNPC mega station…
THE increase in the price of fuel, scarcity of foreign exchange, and disruption in food supply chain pushed headline inflation to a new record high of 21.09 per cent in October, according to the National Bureau of Statistics. This is…
BUSINNESSS will face a historically broad and deep set of risks in 2023, posing interconnected and existential threats across geographies and sectors, says specialist risk consultancy, Control Risks (www.ControlRisks.com). Launching its annual RiskMap forecast featuring the Top Risks for business,…
THE Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government will do away with petroleum subsidy by June 2023. Ahmed said this on Tuesday in Abuja, during a press conference to mark the end of…
THE Oil Marketers Association of Nigeria has blamed charges in foreign exchange by the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports Authority (NPA) as creating disruption in market operations. The marketers have, therefore, asked the agencies…
NIGERIAN carrier, Air Peace, has suspended flights to Dubai, United Arab Emirates, over the non-issuance of visas to Nigerians. The UAE carrier, Emirates Airlines, had earlier suspended its flights, citing the inability to repatriate ticket funds in addition to the…
THE Central Bank of Nigeria (CBN) has promised to protect Nigerians without bank accounts, to ensure they don’t suffer any loss in the proposed Naira redesign exercise. According to the bank, it would protect Nigerians in Unbanked, Underserved, and Rural…
A Boko Haram splinter group, Islamic State West African Province has ordered farmers and fishermen in the Lake Chad region to stop transacting in naira. The move by the terror group was a result of the announcement by the Central…
PRESIDENT Muhammadu Buhari has said his administration will not go back on the plan of the Central Bank of Nigeria (CBN) to redesign the nation’s highest currency notes of N1,000, N500, and N200. Buhari said this on Wednesday evening in…
