Pascal Arogorn Ibe
- Business
- October 9, 2020
- 331 views
Senate Fixes October 20 For Commencement Of PIB Debate
The Senate has fixed October 20, 2020, for the commencement of the Petroleum Industry Bill (PIB) debate. President of the Senate, Ahmed Lawan, revealed this on Thursday via his Twitter…
- Business
- October 7, 2020
- 375 views
National Assembly shifts PIB deliberations to 2021 – FG
Deliberations on the Petroleum Industry Bill by the National Assembly has been shifted to the first quarter of next year , the Minister of State for Petroleum Resources , Timipre…
- Business
- October 7, 2020
- 390 views
Stock market gains N1trn in two days
Investments in stock market soared to new heights yesterday as more money are diverted from money market into the stocks bringing investors’ gains to over N1.07 trillion in two days…
- Business
- October 6, 2020
- 387 views
Zamfara govt begins own gold reserve
Zamfara government says it has started its gold reserve to reduce dependence on federal allocations. The state Commissioner for Finance, Alhaji Rabiu Garba, told journalists in Gusau on Tuesday that,…
- Business
- October 6, 2020
- 413 views
WTO: EU Backs Okonjo-Iweala, S’Korean Candidate
European Union (EU) governments will support Nigeria’s former Finance Minister, Dr. Ngozi Okonjo-Iweala and South Korean, Yoo Myung-hee, as candidates to lead the World Trade Organisation (WTO) as the race…
- Business
- October 5, 2020
- 329 views
Buhari approves N10 billion for census process – Official
President Muhammadu Buhari, on Monday, approved N10 billion for the continuation of Enumeration Area Demarcation (EAD) in 546 local government areas in the country. The EAD is the process of…
- Business
- October 4, 2020
- 351 views
NERC Calls For Abolition Of Electricity Tariff Subsidy, Says It Gulped 540bn In 2019
The Nigerian Electricity Regulatory Commission (NERC) has called for the abolition of electricity tariff subsidy and has advised that money meant for the subsidy be channeled to other sectors of…
- Business
- October 3, 2020
- 407 views
It is unfair to use taxes from herdsmen to subsidise petrol — Presidency
The Presidency has reacted to criticisms that trailed President Muhammadu Buhari’s Independence Day speech, where he said it made no sense for petrol to be sold cheaper in Nigeria than…
- Business
- October 2, 2020
- 457 views
Chevron Nigeria to sack 25% of workforce
Chevron Nigeria Limited has said it will slash its workforce by 25 per cent as it is reviewing its manpower requirements in the light of the changing business environment .…
- Business
- October 1, 2020
- 368 views
Shell To Sack 9,000 Workers In Major Shake-Up
Oil super major, Royal Dutch Shell, has declared plans to sack 9,000 staff as part of a major shake-up to cut costs and raised annual savings of up to $2.5…
- Business
- September 30, 2020
- 360 views
Coalition seeks protection for local businesses
The Business Founders Coalition has urged the Federal Government to evolve policies that would disallow foreign investors from having controlling rights in Nigerian businesses. Dr Richardson Ajayi, Founder, Synlab Nigeria,…
- Business
- September 30, 2020
- 376 views
FG Orders DisCos To Suspend Electricity Tariff Hike
The Federal Government has ordered the Electricity Distribution Companies in the country to suspend the recent hike in tariff. The Nigerian Electricity Regulatory Commission (NERC) issued the order on Tuesday…
- Business
- September 29, 2020
- 1198 views
No plans to scrap NNPC in PIB ― FG
Federal Government Monday said that there are no plans to Scrap the Nigerian National Petroleum Corporation, NNPC in the Petroelum Industry Bill 2020 that has been transmitted to the National…
- Business
- September 26, 2020
- 348 views
CBN: Agricultural Commodities Speculators Will Get Their Fingers Burned
Speculators in agricultural commodities, especially middle men in the rice market, who are hoping to cash in on widespread flooding in some parts of the country to jerk up prices,…
- Business
- September 24, 2020
- 381 views
CAMA law will enhance transparency, says Buhari
President Muhammadu Buhari on Thursday, said the Companies and Allied Matters Act , 2020 which he recently signed into law would enhance transparency and corporate accountability and help the fight…
