Wike Vows to Demolish Illegal Structures, Revoke Land Allocations
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, says he will demolish all illegal buildings and structures in the territory as part of efforts to restore the Abuja Master Plan.
Mr Wike stated this at...
In 7 Days, Stock Investors Lose N150bn
Investors on the Nigerian Exchange Limited, suffered N150bn loss last week as bears dominated trading, halting consecutive weeks of upward movement.
The dip was attributed to sell-offs and profit-taking in high-priced and blue-chip stocks.
The market sentiment was also attributed...
Daily Petrol Consumption Drops To 52m Litres
Average daily consumption of premium motor spirit (petrol) in Nigeria has dropped from 64,964,000 per day recorded on June 30, 2023 to 52 million.
Daily truck out as at August 14 stands at 1,306 trucks carrying a total of...
How Nigeria Lost N249bn In July Due To Oil Output Shortage
Nigeria lost about N249bn crude oil revenue in July following a plunge in the country’s oil output by over four million barrels in the same month, latest oil production data seen on Sunday showed
Data...
We Can Fix Nigeria’s Refineries In One Year, Women Engineers Tell Tinubu
The Association of Professional Women Engineers of Nigeria (APWEN), on Saturday, appealed to President Bola Tinubu to give female engineers an opportunity to fix the nation’s moribund refineries.
Newly-elected APWEN Lagos Chapter chairperson, Atinuke...
Subsidy Removal: FG Declares N5bn Each for States as Palliatives
The federal government has announced a N5 billion palliative for each state of the federation, including the Federal Capital Territory (FCT) to cushion the impact of the removal of the petrol subsidy.
Babagana Zulum, governor of...
