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Why petrol remains expensive despite local refining— Dangote

President of Dangote Group, Aliko Dangote, has said Nigerians were still paying high prices for petrol despite the commencement of large-scale domestic refining, saying local production does not completely insulate the country from global crude oil prices and market disruptions.
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New N5, N10, N50 notes out Sept 30

By Babajide Komolafe LAGOS-The Central Bank of Nigeria (CBN), said it will commence the issuance of 1.9 billion new  polymer currency notes of N5,N10 and N50 denominations . Its governor, Malam Lamido Sanusi, said this yesterday, adding that  President Umaru Yar’Adua will launch the new notes  on September 30. He said; “The existing denominations of […]

Sanusi tackling economic problem wrong way – Ex-Rep

By AbdulSalam Muhammad KANO – Second Republic legislator, Junaid Mohammed has accused the CBN Governor, Sunusi Lamido Sunusi of approaching the Nigerian economic problem the wrong way. Junaid in an exclusive chat with Vanguard in Kano against the backdrop of media report of plan to introduce a new currency in the country, noted that such […]

Strike : UniAbuja ASUU protests

By Chris Ochayi ABUJA – The lecturers of the University of Abuja (UNIABUJA) yesterday embarked on protest march to seek the return of the Federal Government to the renegotiation table with the striking Academic Staff Union of Universities (ASUU) with a view to ending the three months industrial action. The rally which lasted more than […]

Warri South-West councillors suspend revenue committee

THE Legislative arm of the Warrri South-West local government Council in Delta State has suspended the operations of the Local Government’s Committee on Revenue Generation on Multinational /Oil Servicing Companies following complaints on its performance.

DELSU SSANU vows not to call off strike

Delta State University, Abraka chapter of the Senior Staff Association of Nigerian Universities (SSANU) said yesterday that the strike embarked upon by its members would not be called off until the government adhered to the legitimate agreement signed with the union on February 13, 2009.

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