NNPC Raises Petrol Depot Price, Marketers To Sell At N168-N170/litre         The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre. The PPMC...

N265bn Disbursed Under National Housing Fund - Fed Govt         The Federal Mortgage Bank on Wednesday announced that it had so far disbursed N265bn to subscribers under the National Housing Fund. It also announced that subscribers to the fund had increased to 5.1 million, as 570,000 new...

Lafarge, Dangote Sinotrucks, 35 Others Enjoy Three-year Tax Holidays         Lafarge Africa Plc, Honeywell Flour Mills Nigeria Plc, Dangote Sinotrucks West Africa, and 34 other firms have been identified as companies currently enjoying Pioneer Status Incentive of the Federal Government. The Nigerian Investment Promotion Commission in its...

FG Ratifies Nigeria’s AfCFTA Membership, N62.7bn For Kano-Katsina Road         The Federal Government on Wednesday ratified Nigeria’s membership of the African Continental Free Trade Area. The decision was taken at the weekly meeting of the Federal Executive Council presided over by President Muhammadu Buhari. The Minister of Information...

Oil Workers’ Strike Won’t Cause Petrol Scarcity – NNPC       The Nigerian National Petroleum Corporation on Tuesday said it had enough petrol and as such the strike by oil workers would not cause scarcity. It dismissed insinuations of possible scarcity of petroleum products following ongoing disagreement between...

Aviation Fuel Revenue Drops By N14.9bn In Nine Months         The total revenue generated by two of the major oil marketing companies in the country from the sale of aviation fuel plunged by 58.2 per cent in the first nine months of the year, compared with...