Men of the Federal Capital Territory (FCT) Fire Service are currently battling to bring under control a fire that engulfed part of the Nyanya market on Tuesday evening. The fire which was said to have started at about 7.30pm from an unknown source has already claimed several shops before the …
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The US has said it is releasing 50 million barrels of oil from its reserves in an attempt to bring down soaring energy and petrol prices. The move is being taken in parallel with other major oil-consuming nations, including China, India, Japan, South Korea and the UK. US President Joe …
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The Minister of Industry, Trade and Investment, Chief Niyi Adebayo, has disclosed that a total of N56.84 billion had been disbursed to operators of micro, small and medium scale enterprises (MSMEs) in Nigeria, out of the N75 billion Survival Fund earmarked by President Muhammadu Buhari’s government. The minister said this …
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Cussons Baby unveils Linda Ejiofor, Omawunmi Megbele and Kelechi Amadi as judges for Cussons Baby Moments Competition Season 8! One of Nigeria’s leading brands, Cussons Baby a brand by PZ Cussons, has launched its flagship baby competition, Cussons Baby Moments in style, as it unveils Omawunmi Megbele, Kelechi Amadi and …
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We are pleased to announce the proposed combination of Honeywell Flour Mills and Flour Mills of Nigeria and subject to regulatory approvals, this will combine businesses with shared goals, creating a more resilient national champion in the Nigerian foods industry, ensuring long-term job creation and preservation. Honeywell Group We are …
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• Concerns Over Transparency, Accountability As NNPC Fails To Publish Data • Stakeholders Raise Alarm Over Renewal Of OPLs 809, 810 • Geologists, Explorationists Insist Discovery Political, Elusive One year after the discovery of over one billion barrels of crude oil in the North, the Federal Government and the Nigerian …
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The Nigerian National Petroleum Corporation (NNPC) has signed a $1.04 billion facility loan deal with the African Export-Import Bank (Afrexim) for petroleum exploration in the country. The transaction comprises a Pre-Export/Shipment Finance Facility underpinned by a Forward Sale Agreement (FSA) and Offtake Contracts from the Nigerian National Petroleum Corporation acting …
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The International Monetary Fund (IMF) has called on the Federal Government of Nigeria to completely remove fuel and electricity subsidies early next year. The Washington-based organisation, in its preliminary findings at the end of its official staff visit to the country under the Artile IV Mission, also called for reforms …
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The National Bureau of Statistics (NBS) says South-East residents paid the highest average price for Premium Motor Spirit (PMS), popularly known as petrol, in October. In its “Premium Motor Spirit (Petrol) Price Watch for October 2021,” released on its website on Tuesday, the NBS said the highest average price was recorded in …
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Innoson Vehicles was ably represented at the second Intra-African Trade Fair (IATF2021) taking place in Durban which is being organized by the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA). Innoson Vehicles to the world<!!
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