Business

Just yesterday, our Ibom Air commenced commercial flight operation in Yenagoa, the Bayelsa State Capital. I congratulate our team for making this possible and I specially thank my colleague Governor Douye Diri for giving our airline a rousing welcome…. Udom Emmanuel.. #ibomair #CompletionAgenda #dakadda

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has implored the media in Nigeria to make taxation a social responsibility issue. Mr. Nami said this yesterday at a media colloquium and public presentation of a book titled, The Spokesman, written by a journalist, Kelechi Okoronkwo. Nami …

An online publisher Bara Ogidi has denied the allegation that publisher of Pointblanknews.com, Mr. Jackson Ude and former spokesman of the All Progressive Congress, APC, Mr Timi Frank used him to blackmail and attempted to extort money from the Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, …

The Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority on Tuesday said adulterated petrol, fuel with methanol quantities above Nigeria’s specification, was discovered in the supply chain. In a statement, it said the supplier had been identified and appropriate sanction would apply. It also said oil marketers …

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) wishes to inform the general public that limited quantity of Premium Motor Spirit (PMS), commonly known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain. Methanol is a regular additive in Petrol and usually blended …

Gunmen have abducted the Edo State Chairman of the Independent Petroleum Marketers Association Nigeria, Abdulhamid Baba-Saliu. His driver was killed and his security detail was injured during an invasion of his residence at the Jattu area, Etsako West Local Government Area of Edo State. The incident, it was gathered, happened …

Queues returned to petrol stations in parts of Lagos yesterday. The fear of scarcity spread across the metropolis. In Abuja, the queues, which have lingered for some days, continued. In both cities, black marketers flooded major highways with petrol in cans, selling to motorists on the roadside. In Lagos, vehicles …

https://www.youtube.com/watch?v=oIyAUKrCrRU Nigerian man has been spotted using an expensive G-Wagon to display and sell plantain on the streets of Owerri, Imo State. A video which was shared on on Facebook shows the moment an unidentified young man was seen marketing his plantain business using a G-Wagon. The young man could …

The Infrastructure Concession Regulatory Commission (ICRC) has said that the Onitsha River Port concession, which is under a Rehabilitate-Operate and Transfer (ROT) arrangement, targets to generate over N50 billion revenue. The 30-year concession, which has received the approval of the Federal Executive Council (FEC) will serve as an alternative source …

Seplat Energy, Nigeria’s biggest energy company by market value, Sahara Group, ND Western Limited and Tony Elumelu-backed Heirs Oil and Gas are in contention to take over an equity interest said to be worth $4 billion, held by the Nigerian unit of Hague-based Oil Major, Shell Plc, via a joint …