Tuesday, April 8, 2025
In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd. has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd.’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines […]
Most filling stations in the Federal Capital Territory have implemented the Premium Motor Spirit (petrol) third pump price hike under President Bola Ahmed Tinubu’s administration. DAILY POST gathered on Friday that the Nigerian National Petroleum Company retail outlets and independent marketers such as AA Rano, Shema, Ranoil, Total and others […]
• Low queue as IPMAN, MEMAN say supply below expectations • Dangote debunks shortfall claim, insists supply on track Nigerian National Petroleum Company Limited (NNPCL), yesterday, said the Dangote Refinery is unable to supply the nation with over 65 million litres of Petroleum Motor Spirit (PMS), stressing that only 10.3 […]
John Zhao is the chief representative and executive director of the China Civil Engineering and Construction Company (CCECC) in Nigeria. John Zhao (CCECC) @JohnCCECC The Phase I of the Abuja Rail Mass Transit by #CCECC has been operating safely for over 100 days! Consisting of 2 lines with a total […]
Multinational consumer goods company, PZ Cussons, says it has commenced plans to sell its African subsidiaries to any interested buyer. The parent company of PZ Cussons Nigeria said it is looking at a partial or full sale to mitigate the company’s exposure to fluctuations in the naira, which has devalued […]
The Nigerian Communications Commission (NCC), says it is planning to deploy the 6G spectrum in Nigeria to expand access to Wi-Fi technology. Aminu Maida, executive vice-chairman of NCC, spoke on Thursday on the efficient management and utilisation of spectrum resources at a consultative engagement forum on emerging technologies. Tagged, ‘The […]
…To meet FG on how Nigerians, workers can cope …Insists Tinubu betrayed Labour The Nigeria Labour Congress, NLC, said Thursday it would meet with the federal government on how workers could survive the recent hike in the pump price of petrol. According to the labour movement, the current price of petrol […]
The Naira yesterday depreciated to N1,650 per dollar in the parallel market from N1,645 per dollar on Wednesday. Similarly, The Naira depreciated to N1,544.02 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,544.02 per dollar from N1,539.65 […]
Nigeria has seen a significant surge in its foreign debt servicing costs, with an increase of 96% year-on-year, according to the latest data released by the Central Bank of Nigeria (CBN). By the end of May 2024, the country’s debt services and payments had reached $2.19 billion, a sharp rise from $1.12 billion […]
The former governor of Kogi state, Yahaya Bello, reportedly visited EFCC commission on Wednesday, September 18, but was reportedly turned back because he came in a convoy with a sitting governor. The Nation reports that a source in the commission who spoke on condition of anonymity, said the Chairman […]