NNPC hikes retail pump price for petrol by 195%, as Labour rejects subsidy removal move
Barely 48 hours after the newly sworn in President, Bola Tinubu pronounced the end of fuel subsidy regime in the country, the Nigerian National Petroleum Company Limited (NNPCL) has unveiled…
Fuel Subsidy removal: NNPCL, marketers, others commit toward smooth transition
Key stakeholders in the fuel supply and distribution value chain have agreed to collaborate to ensure a smooth transition into the Post-fuel subsidy regime in the petroleum sector. Some of…
Debt portfolio: WAIFEM canvasses structural, legal framework for debt management
Member nations of the West African Institute for Financial and Economic Management (WAIFEM) should develop an organisational structure and legal framework for debt portfolio analysis, the Director General of the…
Fuel Subsidy removal: Right move; as NEITI proffers eight strategic steps to consider
With Nigerians still reeling from the aftermath of last Monday’s pronouncement by the newly inaugurated President, Bola Tinubu, on plans to immediately remove fuel subsidy in the country, the Nigeria…
Subsidy removal: NMDPRA calls for restraint over panic buying, as queues return in Abuja, environs
Hours after the Monday’s pronouncement by the newly sworn in President, Bola Tinubu, that subsidy is gone finally on all petroleum products, especially premium motor spirit (PMS), long queues of…
Another garland on Alaibe, as Buhari Honours him with OFR
Celebrated technocrat and former Managing Director of the Niger Delta Development Commission (NDDC), Chief ‘Timi Alaibe, was among the select group of top Nigerians approved by former President, Muhammadu Buhari,…
Investor unveils plan to establish $75m Kaduna agro-industrial complex
A privately owned and funded $75 million Agro-industrial complex is being planned for Kaduna State. The complex named TMDK Agro-Industrial Park is a fully funded strategic investment TMDK Oil Traders Limited designed…
Buhari assents to law making NDIC sole insurer of all insured institutions’ deposit liabilities
As part of his parting gift to the country’s deposit insurance system, President Muhammadu Buhari on Saturday gave assent to a Bill making the Nigeria Deposit Insurance Corporation (NDIC) the sole insurer…
We’re well-positioned to take advantage of govt. policies in downstream oil sector, says 11Plc MD
L-R: Chief Operating Officer, Ramesh Virwani; Company Secretary, Chris – Olumayowa Meseko; Alternate Chairman, Abdulkadir Aminu Mamman, and Paul Chukwuma Obi at the end of the meeting in Abuja. 11…
Finally, Nigeria’s Beneficial Ownership Register goes live
After a few missed deadlines, Nigeria’s Beneficial Ownership Register finally went live on Thursday, ending more than seven years of waiting since May 2016 to make information and data of…