The Federal Government has ordered oil marketers to negotiate with the Nigerian Association of Road Transport Owners to avert the planned suspension of operations by NARTO members with respect to the lifting of petroleum products nationwide beginning today (Monday). It...
The police authorities have said they would not condone any form of violence during the planned two-day demonstration declared by organised Labour in protest against the hardships and high cost of living in the country. The police handed down the...
The umbrella body of petroleum truck owners in the country, Nigerian Association of Road Transport Owners (NARTO), has insisted on withdrawing its services nationwide, citing high operational costs and low freight rates. In a letter addressed to the Nigeria Union...
Nigerian Breweries PLC has announced plans to increase the prices of its products starting Monday, February 19, 2024. The company’s zonal business manager -West, Lekan Awosanya, disclosed this in a price review notification to its customers on Monday, February 12. “This...
President Bola Tinubu on Tuesday forwarded the names of five directors for the board of Central Bank of Nigeria (CBN) for confirmation by the Senate. Mr Tinubu’s request was contained in a letter addressed to Senate President Godswill Akpiabio and...
The Association of Table Water Producers (ATWAP) has declared its decision to temporarily cease production in Enugu due to the excessively high cost of production. This announcement was made in a statement released by the chairman, Tony Edike, and secretary,...
Legal luminary and founder of Afe Babalola University, Ado Ekiti, Aare Afe Babalola (SAN), has called for an investigation into how Nigeria found itself in the present situation of huge indebtedness. Babalola cautioned that something must be done urgently about...
Power distribution companies over billed about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of over billed customers showed. In the various Regulatory Interventions for Non-Compliance with the Order on Capping...
Joe Ajaero, the President of the Nigeria Labour Congress has said that organised labour may demand up to N1 million as the new minimum wage for Nigerian workers if the rising inflation remains unchecked. Ajaero said the demand for organised...
In what has been termed a significant milestone in the advancement of Nigeria's domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a...
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