How Nigeria should address subsidy issue

T The recent call by the International Monetary Fund (IMF) to the Federal Government to end subsidy on petrol, followed by a sudden re-appearance of long queues at filling stations across the country, has once again put the government in a tight corner over how to deal with the matter. The Managing Director of the […]

FG, Come Clean on Fuel Subsidy

T Few public policy issues raise as much anxiety and apprehension among Nigerians as any talk of increasing fuel prices. That was precisely what happened last week when Managing Director of the International Monetary Fund [IMF] Mrs. Christine Lagarde “advised” the Nigerian government to jettison spending on fuel subsidy. She said government should instead expend […]

The Coast Guard is looking, but it really seems like Japan has lost an island

Terms of Service, Privacy PolicyandCookies Policy. Sitemap Disclaimer Commerce Policy Coupons Made in NYC Stock quotes C Japan appears to have lost an island It’s only a small one, but probably not a good look when taking into account that country’s various maritime disputes. The Coast Guard is looking, but no one has seen Esanbe […]

More trouble for Nigerian banks as FG is set to seize N100bn from 22 banks

Federal Government agency, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has vowed to probe commercial banks for collecting illegal stamp duty. The money, according to the RMAFC, has reached over N100billion.A statement by the Commission’s spokesperson, Ibrahim Mohammed, on Sunday, said the probe would involve a forensic investigation of the funds collected as stamp […]

Seven traditional cuisines you should try on your next trip to Eastern Nigeria

sJust as every country or region has a number of shared values; beliefs; and cultural norms, there are also unique cuisines that are typical of every ethnic subculture. The Igbo people of the south-eastern Nigeria are no exception, being known for numerous traditional delicacies, most of which are deeply ingrained as a delicate aspect of […]

Boeing begins software update on 737 Max – CEO

By Sumaila Ogbaje Mr Dennis Muilenburg, Chairman, President and CEO, Boeing Company, says the company will complete the software update of the Maneuvering Characteristics Augmentation System (MCAS) in 737 Max aircraft. Muilenburg disclosed this in a statement on Friday in response to the preliminary report on its crashed flight 302, released by the Ethiopian Accident […]

African women entrepreneurs for confab

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has scheduled to hold its annual conference designed to promote and acceleate growth of women-owned businesses. The 5th conference which would take place in Cape Town International Convention Centre (CTCC) from Octover 29 to October 30 would strategise on how to grow women businesses for Africa’s inclusive […]

ABC Transport, Mcnichols, Dangote Flour emerge best performing stocks

By Chinyere Joel-Nwokeoma ABC Transport, Mcnichols and Dangote Flour, have emerged as the best performing stocks listed on the Nigerian Stock Exchange (NSE), for the first quarter of 2019, which ended March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks […]

Life expectancy stands at 52 years – NPC

By Prudence Arobani Nigerians who are 60 years and above currently represents less than five per cent of the entire population, while overall life expectancy is 55.2 years, the National Population Commission (NPC), reveals. The Acting Chairman of NPC, Alhaji Hassan Bashir, stated in New York while delivering Nigeria’s statement at the 52nd Session of […]

Dangote refinery to produce 65.4m litres of petrol, diesel daily

The 650,000 barrels per day Dangote refinery is expected to produce 65.4 million litres of petrol, diesel, aviation fuel and Kerosene daily when it becomes operational. According to the Group Executive Director, Strategy, Capital Projects & Portfolio Development, Devakumar Edwin, the refinery is being designed to refine multiple grades of domestic and foreign crude as […]