Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre
By Peter Egwuatu Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian market. The company in a statement said, under the new pricing structure, the […]
CBN Act in line with global best practices – CIBN
The Chareterd Institute of Bankers of Nigeria (CIBN) has said the the Central Bank of Nigeria (CBN) Act is in line with global best practices with respect to the autonomy of the apex bank.
Reps wade into Innoson’s auctioned parts
The House of representatives committee on industry has recently expressed concern over the controversial seizure and auctioning of 25 containers bearing CKD{Completely Knocked Down} parts belonging to an industrialist, Chief, Dr. Innocent Chukwuma.
Oyo State targets affordable housing through PPP
Governor Abiola Ajimobi of Oyo State has restated his commitment to providing affordable housing for citizens of Oyo State through an efficient public private partnership scheme.
NSE advocates change in companies’ rating
Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has expressed concern over the rating of stocks based on their dividend payment history, saying that it inhibits institutional investors from investing in growing sectors in the stock market.
Trade between Nigeria, Britain rises by 67%
The Group Executive Chairman of Peacock Group of Companies, Chief Segun Phillips has described the bilateral relationship between Nigeria and Britain as strategic as trade between both countries rose by 67 percent in the last years.
