Fuel depots shut down as NUPENG starts nationwide strike

Activities at fuel depots across the country have been disrupted by a three-day warning strike by the Nigeria Union of Petroleum and Natural Gas Workers, which started today. The strike is to protest against anti-Labour practices in the oil and gas sector. As a result of the strike loading of petroleum depots across the nation […]

Edo to introduce POS for revenue collection, set to employ 10,000

Edo to introduce POS for revenue collection, set to employ 10,000

Edo State Governor, Mr. Godwin Obaseki has set up a modality for the employment of 10,000 persons in the first phase of his 200,000 job promise, in fulfillment of his electioneering campaigns, it emerged yesterday. Besides, government says it would establish an electronic platform that will collect revenue by the means of Point of Service […]

No kerosene in all Lagos depots – NUPENG

No kerosene in all Lagos depots – NUPENG

Nigeria Union of Petroleum and Natural Gas Workers on Saturday says there is no single drop of kerosene in the private and NNPC depots in Lagos. Mr Rotimi Benjamin, National Chairman Surface Tank Kerosene Peddlers (SUTAKEP) Branch of NUPENG told the News Agency of Nigeria in Lagos that the product was last brought to the […]

Nigeria moves up to level 3 in global aviation rating

Nigeria moves up to level 3 in global aviation rating

Nigerian Civil Aviation Authority (NCAA) on Monday said Nigeria had attained another high level safety rating which placed it among the world leaders in aviation safety. The NCAA made the announcement in a statement by its General Manager, Public Relations, Mr Sam Adurogboye and obtained by newsmen in Lagos. The statement stated that the country climbed […]

‘No life was was lost in Nigerian Breweries fire’

The management of Nigerian Breweries has said that no life was lost in the fire that gutted the company on Christmas Day. In a statement issued on Sunday by its Corporate Affairs Adviser, Mr Kufre Ekanem, said the inferno affected some sections of the bottle holding bay, including empty bottles and plastic crates. Mr Ekanen […]

Recession: Nigeria investment inflow shrinks by $4.5bn in nine months

Recession: Nigeria investment inflow shrinks by $4.5bn in nine months

The level of investments inflow into the country recorded a huge decline of $4.51bn from the $8.08bn recorded in the first nine months of 2015 to $3.57bn recorded in the same period of 2016, an analysis of the capital importation report obtained from the National Bureau of Statistics has revealed. The report which was obtained […]

Customs intercept 102 bags of plastic rice

The Federal Operations Unit, Ikeja, of the Nigeria Customs Service has intercepted 102 bags of plastic rice branded “Beat Tomato Rice’’ with no date of manufacture.

Customs intercept 102 bags of plastic rice

The Federal Operations Unit, Ikeja, of the Nigeria Customs Service has intercepted 102 bags of plastic rice branded “Beat Tomato Rice’’ with no date of manufacture. The Customs Area Controller of  F.O.U. Comptroller Mohammed Haruna, made the disclosure in an interview with the News Agency of Nigeria on Tuesday in Lagos. He said that the […]

Inflation rate hits 18.48%, NBS blames high cost of rent

The Consumer Price Index which measures the rate of inflation in Nigeria rose by 18.48 per cent in November, figures released by the National Bureau of Statistics have revealed.

The  Consumer Price Index which measures the rate of inflation in Nigeria rose by  18.48 per cent in November, figures released by the National Bureau of Statistics have revealed. The NBS said in the CPI report for the month of November which was released on Thursday that the 18.48 per cent inflation rate is 0.15 […]

Christmas: Prices of tomatoes falls 55% in Lagos

Christmas: Prices of tomatoes falls 55% in Lagos

Ahead of Christmas celebration, prices of tomatoes and pepper have reduced by 55 per cent in most Lagos markets, a survey has showed. At Mile 12 and Iddo markets, a basket of tomatoes which previously cost N9,000 now sells for N5,000, while tatashe and chilli pepper cost N4, 500 and N4,000 respectively, as against N8,000 in […]