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FG Procurement Projects Gulp N2.9tn in One Year – BPP

FG Procurement Projects Gulp N2.9tn in One Year - BPP The Bureau of Public Procurement issued 395 ‘No Objection’ certificates to various Ministries, Departments, and Agencies in the 2023 fiscal year, approving projects worth over N2.94tn. This was contained in the agency’s annual report, which detailed...

PETROAN Six-month Petrol Price Stability Proposal Unacceptable – IPMAN

PETROAN Six-month Petrol Price Stability Proposal Unacceptable - IPMAN The Independent Petroleum Marketers Association of Nigeria has rejected a proposal by the Petroleum Products Retail Outlet Owners Association of Nigeria that the downstream oil sector regulator should make it mandatory that fuel prices should be...

PENGASSAN Warns of Imminent Withdrawal of Members from Upstream Operations

PENGASSAN Warns of Imminent Withdrawal of Members from Upstream Operations The Petroleum and Natural Gas Senior Staff Association of Nigeria has threatened to withdraw all its members from every upstream operation nationwide if Sterling Oil Exploration and Energy Production Company fails to immediately address the...

Stocks: Financial Sector Gains N9.49tn Market Value

Stocks: Financial Sector Gains N9.49tn Market Value The financial services sector on the Nigerian Exchange closed with a total market capitalisation of N9.49tn, driven by performances from banking stocks, particularly Guaranty Trust Holding Company Plc, Zenith Bank Plc, and Access Holdings Plc. Guaranty Trust Holding Company...

WTO Assures Steady Global Growth in 2025 

WTO Assures Steady Global Growth in 2025  The World Trade Organisation has revealed that global goods trade remained stable in the final quarter of 2024 and showed signs of continued growth in early 2025. According to the latest World Trade Organisation Goods Trade Barometer, the indicator,...

Petrol Landing Cost now N797 per litre – Marketers

The Major Energies Marketers Association of Nigeria (MEMAN) says the landing cost of imported premium motor spirit (PMS) dropped to N797.66 per litre on Monday.