OPEC Laments Seven Million BPD Loss as Oil Price Hits $114
Brent crude against which Nigeria’s oil is priced, moved up to $114/barrel as at 4:34pm Nigerian time on Wednesday, rising by $3.72 or 3.37 per cent when compared to the…
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Tribunal Restrains Multi-Choice from Increasing DStv and GOtv Tariffs
The three-member Competition and Consumer Protection Tribunal presided over by Thomas Okosun has restrained Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin…
Continue readingStrike Looms as Clearing Agents Demand Vehicle Imports Duty Review
Barely three weeks after Nigeria Customs Service suspended for one month, its Vehicle Identification Number/e-valuation policy for imported vehicles to enable freight forwarders to clear their backlog of vehicles trapped…
Continue readingInflation May Worsen Due to Soaring Shipping Costs
The International Monetary Fund (IMF) has said that the soaring cost of shipping triggered by the ongoing war between Russia and Ukraine may worsen inflation in Nigeria, and other nations…
Continue readingBuhari Inaugurates Lagos Int’l Airport Terminal
The President, Muhammadu Buhari, is to inaugurate the newly built international terminal of the Murtala Muhammed Airport, Lagos, on Tuesday. The new international terminal is one of the five terminals…
Continue readingDespite 1.824bn Litres PMS Supply, Queues Persist in Northern States
In spite of the 1.824 billion of Premium Motor Spirit (PMS) supplied by the Nigerian National Petroleum Company Limited, queues by motorists remained unabated particularly in Abuja and some other…
Continue readingUnited Nations Development Programme (UNDP)- Request To Quotation For The Supply Of 30,000 Liters Of Petrol To UN House
DEADLINE: 21ST MARCH, 2022UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP)REQUEST FOR QUOTATION FOR THE SUPPLY OF 30,000 LITERS OF PETROL TO UN HOUSE Procurement ProcessRFQ – Request for quotationOfficeUNDP Nigeria Country Office……
Continue readingOyetola Sees Informal Sector as Key Driver of Economic Growth
During a meeting with members of the Osun State’s artisan Workers Union on Tuesday in Oshogbo, the State Governor, Gboyega Oyetola described the informal sector as a key driver of…
Continue reading77 Oil Firms in Trouble Over Unremitted N2.6tn Revenue
Acting on the 2019 report of the Nigeria Extractive Industry Transparency Initiative, the House of Representatives, on Tuesday, commenced investigative hearing on the N2.6 trillion owed the Federal Government by…
Continue readingAnalysts Predict Nigeria’s Economic Growth in 2022
Speaking at the 4th edition of Coronation Merchant Bank Interactive Session Series, themed; “Nigeria’s Economic Landscape – a blend of optimism and uncertainty,” analysts have predicted that Nigeria’s economy may…
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