Yushau Shuaib

Fuel price may go up

NIGERIANS should brace for new petrol prices, with the Federal Government deregulating the downstream sector of the oil industry. There is likely to be a minimum of 27.17 per cent hike in fuel price nationwide, officials told online newspaper Premium...

FG Considering N56,000 Minimum Wage – Minister

The minister of labour and employment, Dr Chris Ngige, has described as legitimate the call by labour for a review of the national minimum wage and said the federal government is carefully studying it in order to give an...

Dangote Donates N2bn to Borno IDPs

The President of Dangote Group, Aliko Dangote has broken another record by making the single largest donation by an individual of N2 billion to persons who have been displaced by the Boko Haram insurgency in Borno State. Dangote, who made...

Shell Oil to Continue Operations in Nigeria, Despite Attacks

Shell Companies in Nigeria have restated their long-term commitment to the Niger Delta, saying they would continue operations in the oil-rich region despite the spate of militant attacks in recent days. Shell has also denied evacuating its personnel from the...

Court Awards N10mn Damages Against EFCC Over Unlawful Detention of Austrian Businessman

An Abuja High Court has ordered the Economic and Financial Crimes Commission (EFCC) to pay a sum of N10m damages to an Abuja based foreigner and security expert Mr. Wolgang Reinl over his unlawful detention and seizure of his...

Power Supply Drops to 2,500MW after Militant Attacks

The twin attacks, last week, on Chevron’s oil and gas facilities in the Escravos area of Delta State has resulted in a drop in power generation from about 3,600 megawatts (MW) to 2,500MW, translating to a loss of 900MW. The...
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