THE Independent Petroleum Marketers Association of Nigeria (IPMAN) has told Nigerians to disregard the threat by some marketers in the South-East zone of shutting down depots in Calabar, Port Harcourt and Enugu. Edet Umana, IPMAN Chairman, Cross River, said this in…
By ABDULLAHI RABIU, Kano THE Managing Director Kano State Road Transport Agency (KAROTA)Dr Baffa Babba Da’agundi has said that the state government would soon be free of Armed Robbery, Phone snatching and other related vices following the restriction order placed…
ABDULLAHI RABIU, Kano. KANO state Consumer protection Council said it has so far confiscated assorted sub standard items worth over Hundred million Naira within the year under review. He said the only challenge facing the Council is the sluggish way…
THE Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Thursday said that the Vehicle Assembly Plant in Ogba area of the state will become operational by end of the year. He said this during an inspection of the facility, 17…
SEPLAT Energy has refuted allegations of wrongdoing in the approval process for the purchase of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, an American multinational oil company. Seplat Energy said in a statement on Wednesday that the allegations of wrongdoing…
THE Central Bank of Nigeria (CBN) has stated that Nigeria cannot stop borrowing, especially when it is necessary as part of fiscal responsibility. Godwin Emefiele, the governor of the Central Bank of Nigeria, made this statement at a national dialogue…
THE Federal Government has projected that it is set to make a total of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy. This projection was made by the Budget Office of the…
THE Naira, the national currency of Nigeria, slightly strengthened against the dollar on Wednesday in both the official and parallel foreign exchange (forex) markets. The value of the Naira was confirmed to have exchanged at N675 to the dollar as…
EXECUTIVE Vice-Chairman of the Nigerian Communications Commission (NCC), Umar Danbatta has stated that broadband penetration in the country climbed to 44.5 percent in July from 40.9 percent in February. This was disclosed on Thursday in Abuja by Danbatta at the beginning…
The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed to make available before it all documents relating to subsidy claims from 2013 to date. Rep Ibrahim Aliyu, Chairman, Special ad hoc committee…
