Category: Business

So shameful as Nigeria can’t refine its own Oil – Ibe Kachikwu

The minister of state for petroleum resources, Emmanuel Ibe Kachikwu, says its a shame that Nigeria cannot refine its crude oil after 40 years of activities in the...

2018: Air Peace plans expansion, laud customers, staff

Air Peace has said that it would in 2018 end the air travel woes of most underserved destinations in Nigeria and other West Coast of Africa. It also said that through...

Nigeria port council to inaugurate first inland dry port in Kaduna

The Nigerian Shippers Council said on Monday the Presidency would inaugurate the country’s first Inland Dry Port in Kakuri, Kaduna State on Thursday. A statement by Mr...

Independent marketers forced to cut down fuel price in Ekiti

Independent petroleum marketers in Ekiti State have reduced fuel price to below N200 per litre. The new price is coming second day of the sale of petroleum in the...

FAAN faults alleged robbery of taxiing aircraft in Lagos

The Federal Airports Authority of Nigeria, FAAN, on Wednesday debunked allegations of theft at the airport as baseless and impossible. FAAN was reacting to allegations...

Customs overshoots FG’s revenue target before year end

NIGERIA Customs Service, NCS, has overshot its revenue target for the year by N241.6million despite the economic recession. NCS spokesman, Joseph Attah, who disclosed...

Adamawa Assembly jerks up 2018 budget by N15 billion

The Adamawa House of Assembly on Thursday approved the 2018 budget of N177.9 billion. The News Agency of Nigeria (NAN) reports that the approved budget was over N15...

Benin Republic withdraws Globacom’s licence

Benin’s telecommunications regulator has withdrawn the operating licence of Nigerian mobile telecoms company Globacom’s local unit in a dispute over new terms,...

Fuel Scarcity:NNPC denies selling crude to phantom companies

The Nigerian National Petroleum Corporation (NNPC) on Thursday said it had no dealings with companies without legal existence to lift and sell Nigeria’s crude oil...

NAHCO truck rams into Air Peace aircraft in Lagos

A truck operated by the Nigerian Aviation Handling Company on Thursday rammed into an aircraft belonging to Air Peace at the Murtala Muhammed Airport, Lagos, disrupting...