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Economy

Buhari To Scrap Fuel Subsidy, Privatise Refineries – Reports

The transition committee set up by President Muhammadu Buhari has reportedly advised him to scrap the fuel subsidy program and privatise the four refineries...

After 3-Year Turn-Around Maintainance, 4 Refineries Set To Commence Production By July

The Nigerian National Petroleum Corporation, NNPC has vowed that four of the nation's refineries will commence production from July. This was disclosed by Ohi Ategbe,...

Protesters Storm National Assembly, Demand Death Sentence For Corrupt Leaders

A handful of protesters marched to the National Assembly on Wednesday, June 17, 2015 while demanding that the legislative arm put into law a...

Senators To Earn N506,000 Annual Wardrobe Allowance Each – RMFAC

The Chairman of Revenue Mobilisation and Fiscal Allocation Commission, Mr. Elias Mbam, on Wednesday, June 17, 2015 revealed that each senator earns an annual...

Why States Cannot Pay Workers’ Salary – CBN

The Central Bank of Nigeria (CBN) has given an insight into the reason why the states who have been unable to pay workers' salaries...

Lawmakers Kick Over Campaign To Cut Their Salaries

There have been some disagreements over the campaign to cut the earnings meant for members of the legislative arm of governance in Nigeria. Chief Joe...

OPC Quits NNPC Pipeline Surveillance

The Oodua People's Congress has indicated that it would pull out its members from guarding pipelines belonging to the Nigerian National Petroleum Corporation starting...

Traders Lament Soaring Food Prices, Blame Insurgency

The general prices of food items in Lagos are soaring by the minute. The most expensive food items at the moment are yam and...

Air Services, Tax Agreement To Be Signed Between Nigeria And Singapore

Nigeria and Singapore have finalised decisions to sign air services and tax agreements to strengthen their bilateral air services and curb double taxation on...

Another Oil Crisis May Soon Occur – PENGASSAN Report

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGESSAN) has warned that the oil sector will soon be extreme unstable as a...

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