Browsing Category
Business News
Balogun Traders Condemn Any Election Other Than One By Caretaker Committee
The Balogun Business Association (BBA) Stakeholders of Lagos Trade Fair, on Wednesday condemned any election to be conducted by any group in the market other than one by the Caretaker Transition Committee (CTC).
The…
OPERATION WHITE 2: EFCC To Prosecute Smugglers Of Petroleum Products
The Chairman of the Economic and Financial Crimes Commission EFCC Abdulrasheed Bawa Tuesday, June 22, 2021, vowed that smugglers of Premium Motor Spirit (PMS) in the country will face full wrath of the law.
Bawa issued this…
PMS: Why We Demand Daily Stock Record From Marketers – DPR
The Department for Petroleum Resources, DPR, has clarified that its request for daily stock record from petrol retail outlets and depots across the country is a statutory requirement and is at no cost to the oil marketers.
In a…
Lawmakers, NEPZA Laud LADOL ‘s Investment Initiative, Assure Government Support
The Senate Committee on Trade, Industry and Investment and the Nigeria Export Processing Zone Agency, NEPZA have commended LADOL’s achievement in turning a disused swamp into a world class industrial Free Zone over the last twenty years.…
VersionFlex Set To Redefine e-Hailing Service In Nigeria , West Africa
VersionFlex, a Nigerian indigenous company, is set to redefine online transportation and logistics service delivery, especially e-hailing in Nigeria and West Africa.
VersionFlex says it will consider the prevailing economic situations…
TRANSPORTATION: LASG To Link Yaba Bus Terminal Station With Red Line Rail Project
A new transportation infrastructure has been delivered in Yaba - a melting pot of commerce, technology and academic in Lagos State. Governor Babajide Sanwo-Olu revived and accelerated the completion of the Yaba Bus Terminal, four years…
FG Announces Additional 3.53TCF To National Gas Reserves
The federal government has announced the discovery of an additional 3.53 Trillion Cubic Feet (TCF) of gas in the country, further boosting the existing quantum of reserve to 206.53 TCF.
Speaking at the Nigeria International…
STRIKE NOTICE: Chevron Clarifies Sacked Workers
Chevron Nigeria Limited (CNL), has cleared the air over a seeming misrepresentation of facts in the notice given to it by the Joint Executive Committee of CNL branches of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and…
Indigenous Firms Contribute 30% To Nigeria’s Gas , 33% To Crude Oil Reserves – DPR
The Department of Petroleum Resources (DPR) has said that indigenous oil and gas companies are now contributing as much as 33% to the country’s crude oil reserves and about 30% to its gas reserves.
This is as it has announced…
Stakeholders To Converge In Lagos On Nigeria’s Preparedness For AfCFTA
Stakeholders will on Wednesday, 16th June, 2021 converge in Lagos to take a look at the Nigeria’s preparedness not only to participate in the continent-wide trade; African Continental Free Trade Area (AfCFTA) but to maximize the gains…