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Dangote: We Have Enough Petrol In Stock To Meet In-country Supply

President of Dangote Group, Alhaji Aliko Dangote
Over the weekend, Aliko Dangote, the president of Dangote Industries Limited (DIL), disclosed that his firm, the Dangote Petroleum Refinery, had more than N600 billion worth of Premium Motor Spirit (PMS), often known as gasoline, in storage to efficiently and adequately service Nigeria’s domestic demands. The wealthiest person in Africa disputes the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) assertion from last week that just 50% of the oil can be obtained locally from nearby refineries. Although Dangote has consistently claimed that this is incorrect, the Authority insisted that it has continued to provide import licenses to oil marketersRead More

Osinbajo: Digital Platform Will Revive Nigeria’s Hospitality Industry, Grow Small Businesses

Vice President Yemi Osinbajo
Vice-President Yemi Osinbajo has declared that a digital platform will revive Nigeria’s hospitality industry and provide a major avenue for other small businesses in the value chain to grow especiallyRead More

REVEALED: One Kilogramme Rice Sells For N290 In Jigawa, Bauchi, N950 In Lagos, Anambra As Food Prices Rise In Southern States

Bags of rice
Food prices are beginning to rise at an alarming rate in most of the southern states as 1kg of Nigerian locally planted rice sells for about N290 in Nasarawa toRead More

Southwest IPMAN Dissociates Self From Planned Nationwide Strike

Independent Petroleum Marketers Association of Nigeria (IPMAN)
The Southwest Zonal chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday dissociated itself from the purported nationwide strike directed by the leadership of the association, overRead More

Buhari Tells MTN To Reduce Tarrifs, Provide Quality Service To Nigerians

President Muhammadu Buhari and the MTN Group
Osinbajo: Corporate bodies must ensure accountability in service provision President Muhammadu Buhari yesterday charged the MTN Group to make its services affordable and in high quality to its Nigerian subscribers.Read More

ABCON Mobilises Forex Dealers Against Hoarding

Forex
In an apparent response to the sustained spike in the foreign exchange rate in the country, the Association of Bureaux de Change Operators of Nigeria (ABCON) has begun the mobilisationRead More

MTN Warns Of Disruption Of Services Over Rising Insecurity

MTN Nigeria
The local unit of MTN Group in South Africa yesterday raised the alarm that its services in Nigeria could be disrupted due to the rising insecurity in the country. MTNRead More

Falana: Old Grazing Reserves Law Applied Only To Northern States

Mr. Femi Falana (SAN)
Human rights lawyer, Mr. Femi Falana (SAN), has disclosed that the Grazing Reserves Act of 1964 which President Muhammadu Buhari was bent on reviving was only applicable to northern NigeriaRead More

Open Letter To The Nigerian Government: Pursue Bitcoin Standard

Bitcoin Nigeria
An Open Letter To The Nigerian Government: Pursue A Bitcoin Standard. An NFL star and Nigerian descendant Russell Okung asks the Nigerian government to adopt a Bitcoin standard or riskRead More

NEXIM Bank Opens Window For Youth, Women Exporters In Kebbi

Nigeria Export-Import Bank (NEXIM)
The Managing Director of Nigerian Export Import Bank (NEXIM), Mr. Abba Bello, has given reasons why Kebbi State became the first state where the women And Youth Export Development FacilityRead More

Nigeria Moves To Sell Electricity To Four West African Countries

Electricity power plants
Nigeria is in talks with four West African countries expected to buy unused electricity from it. The deal will be done through a planned $570 million Northcore Power Transmission Line.Read More