Dangote Refinery resumes petrol loading in Naira at N1,215 per litre
•As depots, filling stations adjust prices By Udeme Akpan, Energy Editor Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit (PMS), also known as petrol, in naira after a week suspension, ending uncertainty in the downstream sector over its temporary shift to dollar-denominated sales. Checks by Vanguard showed that the refinery has fixed […]
Cashless: CBN postpones restriction on third party cheques till March
The Central Bank of Nigeria (CBN) has postponed till March, the restriction on third party cheque withdrawal. The cashless policy announced last year banned withdrawal of third party cheques across the counter. “Value for such cheques shall be received through the clearing house,” said the CBN.
I believe in creating beauty out of ordinary things -Mrs. Peju Okungbowa
Mrs. Peju Okungbowa is the Creative Director of Shades of Purple Décor, an interior decoration and events outfit based in Lagos. She ventured into the interior decoration and events management business because of her love for creating beauty out of ordinary things and order out of chaos.
Nigerian tax system slows growth, devt – Expert
Dr. Fakele Adediran, a don at Covenant University, Ogun State, has disclosed that the Nigerian tax system is “unfair and hinders development of the country.”
NSE bars dealing members from naked short selling
The Nigerian Stock Exchange, NSE, has exempted dealing members in the secondary segment of the Nigerian capital market from engaging in naked short selling.
Our cassava plan is to revive Nigeria’s economy – Adesina
THE Minister of Agriculture, Dr. Akinwumi Adesina, has revealed that the Cassava Transformation Plan of his ministry is meant to revive the country’s economy and create jobs for millions of Nigerians.
Europe, US worries weigh on oil prices
Oil prices slid Thursday as the euro sank against the dollar on renewed European debt jitters and US crude stockpiles unexpectedly rose, raising concerns about demand.
Electricity workers laud privatisation probe
ELECTRICITY workers in the country have praised the courage of the Senate over the adoption of its committee report on the probe of the privatisation programme in the country, and urged that the report be implemented within the next three months.
WRPC trains 48 community youths in Delta State
WARRI-THE management of the Warri Refining and Petrochemical Company, WRPC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, in Delta state has graduated another batch of 48 youths from her five host communities in various skills with starter packs worth millions of naira.
Labour accuses power ministry, PHCN of employing cronies
NATIONAL Union of Electricity Employees, NUEE, has accused the Power Ministry and the management of the Power Holding Company of Nigeria, PHCN, of employing cronies as staff of the electricity company, even as more than 10 casual workers who have put in not less than 10 years, have not been engaged.
‘Subsidy removal will kill informal sector’
INFORMAL sector workers in the country have warned that the removal of subsidy on petroleum products would kill the sector, while declaring the 2012 budget proposal by the Federal Government as anti- people.
