Amid the many shocks Nigerians have had to deal with in 2020, the recent increase in fuel price by the Federal Government is perhaps the bitterest pill to swallow. Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, (NNPC), issued a memo on Wednesday stating …
Read More »
A Nigerian Obinna Ukwuani has been appointed as the chief digital officer by the Bank of Kigali, Rwanda. Ukwuani, a former Paystack executive, will lead the Bank’s Digital Factory Division for product innovation and development in Digital Banking. A role he has resumed since June. This was announced by the …
Read More »
BUA Group, one of Africa’s leading foods, mining and infrastructure conglomerates, has signed an agreement with Axens of France for the supply of process technologies for its upcoming 10 million tonnes per annum megarefinery and petrochemicals facility to be sited in Akwa Ibom, Nigeria. This multibillion dollar integrated 200,000 bpd …
Read More »
An indigenous steel manufacturing company, KAM Steel, Monday, officially acquired a N60 billion worth Lebanese company, The Standard Methallugical Company located in the Sagamu area of Ogun State with a target to create 10,000 jobs. Speaking during the official take over of the Company, the Chairperson of KAM Holding, Alhaja …
Read More »
Minister of State for Labour and Productivity Festus Keyamo says the original formula for sharing the 774,000 jobs under the special public works (SPW) scheme remains unchanged. Igbere TV reports that Mr Keyamo told newsmen that the Federal Government would retain the original plan of conceding only 15 per cent …
Read More »
Workers under the aegis of the Association of Nigerian Aviation Professionals, (ANAP), and the National Air Transport Employees of Nigeria, (NUATE), have protested against the planned concession of four International Airports in the Country. The workers, who held the protest at the Ilorin International Airport in Kwara State on Monday, …
Read More »
2Baba is now a proud farmer as he shows off his Soya Beans farm in Benue State. Sharing a video of his farmland, Tuface Idibia wrote: https://www.youtube.com/watch?v=XTPVFeOvRU0 It’s official!!! INNOBIA FARMS. Crops growing healthy nicely. This is the beginning of another chapter . JAH GUIDE US. #WARRIORS #GRATEFUL BENUE 2 …
Read More »
Amidst confusion in the downstream petroleum industry, concerning its deregulation, subsidy on Premium Motor Spirit, PMS, also known as petrol, has once again resurfaced, as the Nigerian National Petroleum Corporation, NNPC, weekend, said it incurred N5.35 billion as under recovery in June 2018. Under-recovery, also known as subsidy, occurs when …
Read More »
The quest for the federal government to position the country among the automobile manufacturers in Africa is yielding positive results following the emergence of Nord Automobiles Limited. With a mission to roll out a wholy Nigerian model of cars, for Nigerians and assembled by Nigerians, the current Nord assembly plant …
Read More »
ALL is now set for the reopening of the Akanu Ibiam International Airport, Enugu, after over one year closure to effect repairs and upgrade the facilities to international standard. The ceremony will hold by 10 am tomorrow and will be witnessed by notable Igbo leaders led the Southeast governors and …
Read More »
