Q4 petrol imports must lower pump prices — IPMAN

Q4 petrol imports must lower pump prices — IPMAN

By Obas Esiedesa, Abuja The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said the Federal Government’s approval of 830,000 metric tonnes of Premium Motor Spirit, PMS, imports for the fourth quarter of 2026 must translate into stronger competition and lower petrol prices for consumers. IPMAN’s Public Relations Officer, Chief Chinedu Ukadike, said the Nigerian […]
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NMDPRA unveils rules to curb petroleum market abuse

NMDPRA unveils rules to curb petroleum market abuse

…Proposes 138 regulations on competition across oil value chain By Obas Esiedesa, Abuja ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has unveiled proposed regulations aimed at curbing monopoly, abuse of market dominance, collusion and other anti-competitive practices in Nigeria’s petroleum midstream and downstream sectors. The proposed Midstream and Downstream Petroleum Prevention […]

TCN launches anti-corruption framework

TCN launches anti-corruption framework

Unveils four policies to strengthen transparency, accountability By Obas Esiedesa, Abuja ABUJA — The Transmission Company of Nigeria, TCN, has launched a new anti-corruption framework aimed at tackling corruption and unethical practices while strengthening transparency and accountability across the company. The framework, unveiled Tuesday at TCN headquarters in Abuja, comprises four policies covering anti-bribery and […]

Tinubu hails $12m Abuja entrepreneurship centre

Tinubu hails $12m Abuja entrepreneurship centre

Says facility will strengthen MSMEs, create jobs By Johnbosco Agbakwuru ABUJA — President Bola Tinubu has welcomed the construction of the $12 million Abuja Centre for Entrepreneurship, saying the facility will strengthen Nigeria’s micro, small and medium enterprises, MSMEs, ecosystem and create more opportunities for businesses to grow. The President said the centre would provide […]

OK Movement rejects merger into NDC

OK Movement rejects merger into NDC

…Says cooperation with party does not erase its identity By Henry Umoru ABUJA — The OK Movement, a political platform supporting the joint ticket of the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, and his running mate, Rabiu Kwankwaso, has rejected any plan to merge or subsume the movement into the party. The movement […]