Oil Marketers Refuse To Obey N5 Reduction In Petrol Price         Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week. After meeting with officials of...

FG Grants Yola Disco N5bn Loan To Procure 85,000 Meters         The federal government has granted the Yola Electricity Distribution Company (YEDC), a N5 billion loan for sourcing of 85,375 meters for its customers. In December last year, the government said it was taking over the Disco...

FG Inaugurates Fuel Pricing Committee, New Price Regime Begins         The Federal Government has inaugurated the ‘Bipartite Plus Committee’ on technical framework on the pricing of Premium Motor Spirit popularly known as petrol. This is happening as the new price regime for PMS announced last week by...

2021 Economy Outlook And CBN’s Solutions         The year 2021 is literally here. Suddenly it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including...

Customs Impound 113 Prohibited Goods Valued N107.67m         The Joint Border Operation Drill set up by the Federal Government to police Nigeria’s borders covering four states in the North Central has said that it made 113 seizures of prohibited goods with a total value of N107.67m...

Naira In Mixed Performance As Forex Reserves Decline by $198m         The naira recorded a modest appreciation at the official window but was flat at the parallel market as Nigeria’s foreign exchange (forex) reserves dropped by $197.84 million to $35.01 billion at the weekend. The naira appreciated...