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Category: Economy

Economy headline

Otedola moves to acquire Forte Oil upstream, power firm

Iheanyi Ejiofor January 16, 2019 Otedola moves to acquire Forte Oil upstreampower firm

Majority shareholder of Forte Oil Plc, Mr Femi Otedola , is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on…

Read More Otedola moves to acquire Forte Oil upstream, power firm
Economy headline

Minimum Wage: Labour promises hell for dissenting governors

Iheanyi Ejiofor January 16, 2019 Minimum Wage: Labour promises hell for dissenting governors

With President Muhammadu Buhari about to roll out a new salary package for civil servants, an influential workers union has promised tough times for governors who may not pay the…

Read More Minimum Wage: Labour promises hell for dissenting governors
Economy headline

Price of cooking gas decreased in Dec. 2018 — NBS

Iheanyi Ejiofor January 16, 2019 Price of cooking gas decreased in Dec. 2018 — NBS

The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme(kg) cylinder  for Liquefied Petroleum Gas (Cooking Gas) decreased from N2,084.74 in N0vember 2018 to N2,052.79…

Read More Price of cooking gas decreased in Dec. 2018 — NBS
Economy headline

Nigeria earns $640.35m from Crude export in Oct – NNPC

Iheanyi Ejiofor January 16, 2019 Nigeria earns $640.35m from Crude export in Oct – NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October, 2018. The corporation disclosed…

Read More Nigeria earns $640.35m from Crude export in Oct – NNPC
Economy headline

Minimum Wage: We’re monitoring NASS, says NLC

Iheanyi Ejiofor January 15, 2019 Minimum Wage: We’re monitoring NASSsays NLC

The Nigeria Labour Congress has said it is awaiting the transmission of an executive bill on the new minimum wage from the Presidency to the National Assembly. There has been…

Read More Minimum Wage: We’re monitoring NASS, says NLC

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