Oil Marketers Seek FG's Approval To Fix Refineries       Oil marketers have expressed willingness and capacity to fix Nigeria’s dysfunctional refineries and get the facilities running in the shortest possible time. Operators of retail outlets in the downstream sector of the oil industry called on the Federal...

Nigeria Imports N1.62trn Petrol In Nine Months         Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from January to September, the latest data obtained from the National Bureau of Statistics have shown. The country spent N1.72tn on petrol imports in the...

Economists Advocate Islamic Finance to Project Fundings     The Federal Government has been advised to formulate a policy and introduce programmes that will leverage revenue of Sukuk and ensure self funding projects to free government resources for other purposes. Participants of a Five Day International Workshop and...

House Decries Abandoned Scanners At Ports, Borders, Begin Probe         The House of Representatives has faulted physical inspection of cargoes at the seaports and land borders, asking the Federal Government to install functional scanners to make for speed and efficiency. The call was sequel to the unanimous...

Oil Sector’ll Face Prolonged Reduced Demand - Fed Govt         The oil and gas sector is going to face a substantially reduced demand for a prolonged period as its recovery is not likely any time soon, the Federal Government said on Thursday. It also announced the resolve...

MAN Seeks Strict Penalties For Fake Products Importers         The President, Manufacturers Association of Nigeria, Mansur Ahmed, has called on the Standards Organisation of Nigeria to introduce strict penalties for dealers in fake and substandard goods in the country. The penalties, according to him, will serve as...