Super Eagles Striker and former Leicester City forward Ahmed Musa has been Unveiled as Pop Cola Ambassador in Kano, Newsextra24 reports. Musa who is now the current captain of Kano Pillars Football Club is to serve as brand new ambassador of Pop Cola Soft Drink, a product of Mamuda …
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Save Us; Flour Companies Are Killing Our Businesses, Bakers Beg FG
The Association of Master Bakers and Caterers of Nigeria (AMBCN), Abuja, has called on the federal government to intervene in the recent price hike of flour by Super Four Mill and Golden Confectionery, stressing that the hike is killing their businesses and may also render many jobless if no action …
Read More »Security Agents, Smugglers Worsen Subsidy Crisis, Flout Buhari’s Order
Border corruption: Security agents, smugglers worsen subsidy crisis, flout Buhari’s order Facts have emerged about how security agents and border communities aid smuggling of petroleum products, thus worsening the fuel subsidy crisis in the country. Our correspondents, who visited border communities in Ogun, Adamawa, Katsina, Sokoto, Borno, Taraba and Kwara …
Read More »Petrol Landing Cost Now ₦232, Subsidy Rises To ₦5.58 Billion Daily
April landing cost, N216, devaluation, rising crude price fueling price increase The landing cost of Premium Motor Spirit being imported into Nigeria surged by more than 60 per cent between December 2020 and mid-June this year, although the pump price of the product remained unchanged, ’FEMI ASU reports From an …
Read More »New Gas Prices: Manufacturers To Produce From Neighbouring Countries
Nigeria ‘accidentally’ discovers 206tcf gas reserves • FX scarcity, gas dollarisation may spike inflation • Gas users to pay $5.10/mmbtu from July despite shortages With the new gas price regime expected to kick off on July 1, alongside challenges of currency devaluation and access to foreign exchange for raw materials, …
Read More »Britain Bans Binance’s UK Operations In Latest Cryptocurrency Crackdown
Britain’s financial regulator has said Binance, one of the world’s largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally. In a notice dated June 25, the Financial Conduct Authority (FCA) said Binance Markets Ltd, Binance’s only …
Read More »Ten Legal Ways To Become A Millionaire In Nigeria Before 2022
Ten legal way to become a millionaire in Nigeria before 2022 Everybody plans to become a millionaire someday, some even go as far as setting specific goals and milestones to achieve this. Making a few thousand nairas is very realistic in Nigeria, but the million naira mark is so hyped …
Read More »How $300 Million NNPC Fund Was Secretly Lodged’
The House of Representatives Ad hoc Committee on Recovered Loots and Assets of Government, yesterday, heard of how $300 million belonging to the Nigerian National Petroleum Corporation (NNPC) was “hidden in a Polaris Bank account and remained unattended to for years.” At the resumed public hearing of the panel in Abuja, …
Read More »Nigerian Businesses Face Losses As The Twitter Ban Continues
On Saturday the 5th of June, Wunmi, a digital marketer lost a gig worth ₦600,000 ($1,200). The marketing campaign was to start the next day but she got a call from the client telling her they couldn’t proceed anymore due to ‘orders from above.’ She was dumbfounded. That same day, about …
Read More »Train Transport Revenue Surges To Over ₦900 Million In Q1 2021
Nigeria’s train transport in the first quarter of 2021 surges to N926.72 million compared to N698.4 million recorded in Q1 2020. The 33% surge was contained in a recent railway transport report by the National Bureau of Statistics (NBS). Revenue generated in the review period also represents a 92% increase …
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