NNPCL to hand over Warri, Kaduna refineries to private operators
The Nigerian National Petroleum Company Limited (NNPC) says it is seeking to engage reputable and credible Operations and Maintenance companies, to operate and maintain the Warri Refining and Petrochemical Company…
Hope for lower cement price dims as a bag sells for ₦270,000 in neighbouring countries
The combined impact of Naira depreciation and high inflation pressure has triggered a 121 per cent rise in the production cost of cement, dimming Nigerians’ hope for lower cement prices.…
Why Telegram owner Pavel Durov was arrested by French security
Telegram chief executive Pavel Durov is expected to appear in court Sunday after being arrested by French police at an airport near Paris for alleged offences related to his popular…
Anger as petrol sells for over ₦1,000 per litre in Benue
There was palpable anger in parts of Benue state on Saturday as most filling stations in the state dispensed petrol between the rate of N980 and N1,100 per litre. Before…
₦555m Fine: Fidelity Bank fights back, claims no data was breached
Fidelity Bank has disputed data breach allegations levelled against it by the Nigerian Data Protection Commission (NDPC). In a statement on Wednesday, a spokesperson for the bank, Meksley Nwagboh, said…
How we built Nigeria’s second largest food chain – Sundry Foods boss
At the backdrop of its 20th anniversary the Managing Director and Founder of Sundry Foods Limited, Mr. Ebele Enunwa, has reeled out the tough road to the making of one…
Taxes, dividends by NNPC to Impact federation account, says Chukwu
The Chief Executive Officer of Cowry Assets Management Ltd, Johnson Chukwu has said that the dividend and taxes paid by the Nigerian National Petroleum Company Ltd will reduce the financial…
Tinubu panel, Dangote refinery agree on Sept petrol rollout
The Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira has reached an agreement with the Dangote Petroleum Refinery…
FG to introduce new tax law, overhaul revenue administration
Executive Chairman of the Federal Inland Revenue Service (FIRS) Mr Zacch Adedeji, has revealed plans to introduce a law that would overhaul the process of revenue administration in Nigeria next…
NNPC works overtime as petrol scarcity worsens | Black market booms
The Nigerian National Petroleum Company Limited (NNPC) has vowed to end the queues for Premium Motor Spirit, popularly called petrol, by Wednesday, as the black market for PMS boomed on…
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