Business

Crude oil, aviation fuel top import chart at Lekki deep-sea port

By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
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Nigeria’s earnings to drop on oil fall — Aganga

“ The new tariff which the ministry is proposing is still at 10 percent but even with that, really, we can survive at 10 percent but for us to be competitive, like Oliver Twist, we are asking for a reduction to five percent.”—Olusegun Aganga

Vocation and technical education – a key to improving nigeria’s development. part 4

The focus is on the roles of technology and vocational education in enhancing entrepreneurial skills that will equip students for entrepreneurship education in Information and Communication Technology (ICT.) driven technological environment. The world has become globalized and the future prosperity depends on comparative advantage.

Increased production costs top outlook for industry in 2015

“The combined austerity measures of the government and tighter monetary policy would put additional pressure on consumer prices. Therefore, we expect inflation rate to cross the double digit mark in the first half of 2015,”—Remi Bello.

Nigerian airlines to spend less on aviation fuel in 2015

Aviation experts and stakeholders have projected a sharp decline in the price of aviation fuel, also known as JET A1. They opined that that 50 percent fall in price of crude oil will prompt a decline in the JETA1, which constitute 40 per cent of operating cost of airlines in the country.

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