Business

Bakers threaten strike over rising cost of flour, sugar

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

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

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

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

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

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

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

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

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

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…
Back to top button