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WE DIDN’T INCREASE PETROL PRICE, MARKETERS DID –FG

The Federal Government has insisted that it had not raised the pump price of petrol, above the regulated cost of N165/liter. It said the hike in the cost of the…

NNPC REMITS $2.7bn TO CBN IN SIX MONTHS

The Nigerian National Petroleum Company Limited remitted a total of N2.7bn into its accounts w

U.S. GDP FELL AT 0.9% ANNUAL RATE IN SECOND QUARTER; RECESSION FEARS LOOM OVER ECONOMY

The U.S. economy shrank for a second quarter in a row—a common definition of recession—as the housing market buckled under rising interest rates and high inflation took steam out of…

PASSENGERS GROANS AS ONE-HOUR FLIGHT HITS N75,000

AIR travelers have begun groaning bitterly under the increased fares as a one-hour flight now costs over a hundred thousand naira. A visited to the domestic wings of the Lagos…

WEALTHY NIGERIANS SMUGGLING JET-A1 TO W’ AFRICA – SENATE PANEL

The lawmaker representing Kogi West Senatorial District and the Chairman of the Senate Aviation Committee, Senator Smart Adeyemi, has said that wealthy Nigerians stealing and exporting the Jet –A-1 are…

BAKERS HALT BREAD PRODUCTION THURSDAY OVER SKYROCKETING COSTS

Bakers under the aegis of the Premium Bread makers Association of Nigeria have announced plans to halt production of their products, effective Today According to a statement signed by the…

BAKERS HALT BREAD PRODUCTION OVER SKYROCKETING COSTS

Bakers under the aegis of the Premium Beadmakers Association of Nigeria have announced plans to halt production of their products, effective Today. According to a statement signed by the President…

CONSUMERS PAY N193.53bn TO DISCOS AMID BLACKOUTS – REPORT

The Nigerian Electricity Regulatory Commission has announced that power distribution companies collected a total revenue of N193.53bn from consumers across the country in the third quarter of 2021. However, in…