2020 Worst Year for Airline Industry- IATA The International Air Transport Association (IATA) has released the IATA World Air Transport Statistics (WATS) publication with performance figures for 2020 and confirmed that last year was the worst year of air transport...

White Products: NNPC makes N234.63b in March The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded N234.63 billion revenue from the sale of white products in March 2021, representing a...

NLC Flays FG on $2.18 gas price reduction The Nigeria Labour Congress (NLC) yesterday said Federal Government’s plan to reduce the price of industry power gas from $2.50 to $2.18 is a flagrant repudiation of the agreement between it and...

Customs Intercepts N22.3bn Pangolin Scales, Elephant Tusks Nigeria Customs Service (NCS) has said that it arrested three suspected smugglers in connection with different kilograms of Pangolin scales and Elephant tusks worth N22.3 billion in Lagos. While displaying the seizures to newsmen,...

Fuel Smuggling: DPR to track 33,000 filling stations The Department of Petroleum Resources has said it is working towards capturing all the 33,000 filling stations in Nigeria in its Downstream Remote Monitoring System by December to curb fuel smuggling and...

Court orders CBN, 4 others to pay N5.5b judgment debt before Sept 1 over Customs' unlawful rice seizures. The Federal High Court, Abuja has ordered the Central Bank of Nigeria (CBN) and four other banks to pay N5.5billion judgment debt...