By our reporter| Between N100 billion and N120 billion is paid every month to subsidise Premium Motor Spirit (PMS), also known as petrol, the Nigerian National Petroleum Corporation (NNPC), said…
Read More Nigerians would pay the actual cost for petrol sooner or later-NNPCCategory: Economy
Ecobank Group posts N641.8bn revenue
Ecobank Group on Tuesday said it recorded a revenue of N641.8 billion for the year ended December 31, 2020. The figure represents a nine per cent increase compared with N586.9…
Read More Ecobank Group posts N641.8bn revenueWhy we retained monetary policy rate at 11.5% – Emefiele
By our reporter| The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to retain the monetary policy rate at 11.5 percent. Nigeria’s CBN Governor,…
Read More Why we retained monetary policy rate at 11.5% – EmefieleAzman Air was suspended to avert impending national disaster – NCAA
By our reporter| The Nigerian Civil Aviation Authority (NCAA) says it suspended the operation of Azman Air to avert a national tragedy. According to a statement by its spokesman Sam…
Read More Azman Air was suspended to avert impending national disaster – NCAAFEC commits $1.5billion to repair Port Harcourt refinery
By our reporter| The Federal Executive Council (FEC), has approved $1.5 billion for the repair of the 32-year-old Port Harcourt refinery. The Minister of State for Petroleum, Timipre Sylva who…
Read More FEC commits $1.5billion to repair Port Harcourt refinery
