Business
Bakers threaten strike over rising cost of flour, sugar
June 25, 2022
Bakers threaten strike over rising cost of flour, sugar
The Association of Master Bakers and Caterers of Nigeria (AMBCN) has threatened to withdraw their services nationwide, citing a hike…
Petrol subsidy payments gulped N1.27trn in five months
June 25, 2022
Petrol subsidy payments gulped N1.27trn in five months
For the fifth time in 2022, the Nigerian National Petroleum Company (NNPC) Limited failed to remit revenue to the federation…
FAAC: FG, states, LGAs share N680bn as allocation in May — up by N44bn
June 25, 2022
FAAC: FG, states, LGAs share N680bn as allocation in May — up by N44bn
The federation account allocation committee (FAAC) says it shared N680.783 billion with the federal, states and local governments for May…
FG begins implementation of N10/litre excise duty on carbonated drinks
June 25, 2022
FG begins implementation of N10/litre excise duty on carbonated drinks
The federal government says it has started the implementation of excise duty of N10/litre on all non-alcoholic, carbonated, and sweetened…
Buhari reveals plans to resolve collapse of national grid
June 22, 2022
Buhari reveals plans to resolve collapse of national grid
President Muhammadu Buhari on Tuesday said his administration is decentralising the nation’s national grid through renewable mini-grids to address the…
Petrol remains N165, Russia-Ukraine war increased diesel cost – Nigerian govt
June 22, 2022
Petrol remains N165, Russia-Ukraine war increased diesel cost – Nigerian govt
The Federal Government of Nigeria has stated that the pump price of Premium Motor Spirit (PMS) remains N165 per litre.…
Fuel queues spread to Lagos
June 21, 2022
Fuel queues spread to Lagos
Fuel queues which returned to several South-west states have spread to Lagos following the decision of some members of the…
Residents lament as petrol scarcity hits Ibadan
June 17, 2022
Residents lament as petrol scarcity hits Ibadan
Long queues have surfaced at filling stations across Ibadan, the Oyo state capital, signalling a scarcity of petrol. According to reports, the…
33 passengers escape death as Overland aircraft’s engine catches fire mid-air
June 17, 2022
33 passengers escape death as Overland aircraft’s engine catches fire mid-air
Overland Airways says its flight OF1188 en route to Lagos from Ilorin experienced an “unusual high turbine temperature” on one of…
Overland speaks on aircraft fire during landing
June 17, 2022
Overland speaks on aircraft fire during landing
Overland Airways, a domestic airline headquartered in Lagos, said an engine on one of its aircraft on Thursday caught fire…