Newscenter Media News The Nigerian equities market continued its bearish sentiment on Thursday as investors lost N5 billion at the close of the day’s trading. This followed the dip in the share prices …
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PETROAN identifies likely cause of latest fuel price hike
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has identified “difficulty in landing products” as the possible reason for the recent hike in the price of Premium Motor …
Read More »FUEL SCARCITY: NNPCL’s alleged ₦15bn debt to IPMAN sparks economic fears
The ongoing fuel scarcity in Nigeria has taken a dire turn, with the Independent Petroleum Marketers Association of Nigeria (IPMAN) revealing that the Nigerian National Petroleum Company Ltd. (NNPCL) owes …
Read More »Court strikes out manufacturers’ suit against electricity tariff hike
A Federal High Court in Lagos, on Thursday, dismissed a lawsuit filed by the Manufacturers Association of Nigeria (MAN) challenging the implementation of the Band A electricity tariff review by …
Read More »Govt disowns petrol price hike, blames NNPCL, global market forces
The Federal Government, on Wednesday, distanced itself from the recent hike in petrol prices, which has sparked widespread outrage across Nigeria. Minister of Information and National Orientation, Mohammed Idris, in …
Read More »FIRS simplifies tax processes with *829# USSD code, customer guide
The Federal Inland Revenue Service (FIRS) has taken a significant step towards revolutionizing tax administration in Nigeria with the launch of an unstructured supplementary service data (USSD) code, 829#. This …
Read More »Arla Foods unveil two new products
Arla Foods has launched two new products, Dano Cool Cow and Dano Full Cream Evaporated Milk, to strengthen its position in the Nigerian dairy market. In a statement, Arla …
Read More »220 acreages ready for oil exploration, FG tells investors
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission has announced the availability of 220 open acreages that are ready for exploration and investment opportunities. In the oil …
Read More »Rising boat accidents threaten tourism sector – Stakeholders
Maritime tourism stakeholders have warned that rising boat accidents in the waterways could damage Nigeria’s reputation and deter visitors from engaging in water-based activities. They stated that on Wednesday …
Read More »NIESV to hold training for estate surveyors
The Lagos State Branch of the Nigerian Institution of Estate Surveyors and Valuers has announced its 2024 Mandatory Continuing Professional Development Programme. In a statement, the institution noted that …
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