More News

Visible Articles 5 10 15
Herders/farmers clashes: I’m ready to support FG find lasting solution – Emir Sanusi

Herders/farmers clashes: I’m ready to support FG find lasting solution – Emir Sanusi

By Bashir Bello KANO — The 16th Emir of Kano, Muhammadu Sanusi II, has on Tuesday, expressed his readiness to extend hand of help and support to the Federal government to find a lasting solution to the incessant herders/farmers clashes recorded across the country. The Monarch who made this known while receiving the Leadership of […]

Marketers oppose NNPC’s sole off-taker status for Dangote petrol

Marketers oppose NNPC’s sole off-taker status for Dangote petrol

Marketers have expressed strong concerns over the designation of NNPC Limited as the sole off-taker of petrol from the Dangote Refinery, warning that the move could create a monopoly and lead to profiteering in the downstream sector of the petroleum industry.

New pump price of petrol worrisome, unfair – NECA DG

New pump price of petrol worrisome, unfair – NECA DG

The Nigeria Employers Consultative Association (NECA) says the new hike in the pump price of Premium Motor Spirit (PMS),  also known as petrol,  is worrisome and unfair. Mr Adewale-Smatt Oyerinde, the Director-General of NECA, said this in a statement while reacting to the new hike in the pump price of PMS on Tuesday in Abuja. […]

Petrol price hike unavoidable, eases subsidy burden – Stakeholders

Petrol price hike unavoidable, eases subsidy burden – Stakeholders

Some stakeholders in the oil and gas industry, on Tuesday, said that the increase in the petrol pump price was unavoidable. The experts told the News Agency of Nigeria (NAN) in Lagos that the price hike would help alleviate the subsidy burden on both the Federal Government and Nigerian National Petroleum Company Ltd. (NNPCL). Mr […]

Naira depreciates to N1,635 in parallel market

Naira depreciates to N1,635 in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,635 per dollar in the parallel market from N1,625 per dollar last weekend. However, the Naira yesterday appreciated to N1,585.77 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,585.77 per dollar from […]