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PIB: FG To Add Strategic Reserves’ Financing Cost To Fuel Price

PIB: FG To Add Strategic Reserves’ Financing Cost To Fuel Price         The Federal Government is proposing the addition of the costs of managing the national strategic stocks of petroleum products to the retail price of the commodities. The proposal, which is included in the 2020 Petroleum...

Lekki Massacre: Fake News, Anarchy and the Rest of Us

Lekki Massacre: Fake News, Anarchy and the Rest of Us By Yushau A. Shuaib What we have learnt from history, including World Wars, civil wars and communal conflicts are what others are failing to learn from, as newer cycles of history unfold before our eyes. It...

Fed Govt October Bonds Oversubscribed By N205.87bn

Fed Govt October Bonds Oversubscribed By N205.87bn         The Federal Government of Nigeria Bonds were oversubscribed by N205.87bn. The Debt Management Office disclosed this after it conducted the monthly FGN bonds auction on Wednesday. Two instruments of 12.5 per cent FGN March 2035 re-opening 15-year bond and 9.8...

Dangote Seeks Total Ban On Tomato Importation

Dangote Seeks Total Ban On Tomato Importation       The Managing Director, Dangote Tomato Processing plant in Kadawa, Kano State, Abdulkarim Kaita, has called on the Federal government to put a total ban on the importation of tomato paste into the country. He made the call while flagging...

Marketers Count Losses As Protesters Burn Petrol Tankers

Marketers Count Losses As Protesters Burn Petrol Tankers         The Independent Petroleum Marketers Association of Nigeria on Thursday decried the loss of some of their petrol tankers following repeated attacks on their trucks by hoodlums exploiting the #EndSARS protesters. It was gathered that angry protesters again attacked...

Total Pension Assets Hit N11.35trn

Total Pension Assets Hit N11.35trn         Despite the effect of the COVID-19 pandemic on the economy, the total assets under the Contributory Pension Scheme rose to N11.35tn as of the end of August, the latest figures from the National Pension Commission revealed on Wednesday. According to the...