The Assistant General of Police Zone 7 of the Nigeria Police Force had been restrained through a Court Order dated 25/11/2024 by Honourable Justice Kayode Agunloye of the FCT High Court pending the determination of the matter in the Suit…
Category: economy
Petrol scarcity looms as oil workers down tools
Nigeria may face the scarcity of Premium Motor Spirit, popularly called petrol, in coming days as oil workers have been ordered to down tools nationwide. Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of…
Okonjo-Iweala elected WTO DG
Ngozi Okonjo-Iweala, Nigeria’s nominee for the office of the director-general of the World Trade Organisation, has emerged winner of the highly competitive race. TheCable can report that Okonjo-Iweala was chosen as the final candidate for the much-coveted role. She polled…
Petrol price: TUC reacts as Buhari compares Nigeria with Saudi Arabia
The Trade Union Congress of Nigeria (TUC) has condemned President Muhammadu Buhari’s comparison of Nigeria and Saudi Arabia. President Buhari during his Independence Day speech had compared the oil price in Nigeria to those of neighbouring countries and even Saudi…
Everything Going Up, Only Naira Value And Foreign Reserve Is Going Down – Shehu Sani Mocks Buhari Administration
Former Kaduna Central Senator, on Wednesday, 2nd September, ‘attacked’ the led administration for the way it is running Nigeria’s economy. The former Senator implied the Buhari administration has brought much hardship on Nigerians as the cost of many basic items…
Petrol pump price increased to N151.56 per litre
The pump price of premium motor spirit (PMS) otherwise known as petrol has been increased to N151.56 per litre with effect from today September 2, 2020. This was disclosed in an internal memo issued by the Pipelines and Product Marketing…
Petrol may sell N150 per litre as marketers seek hike
Premium Motor Spirit (PMS) petrol may sell for N150 per litre in August as marketers are pushing for an upward review. This is coming after the Petroleum Products Pricing Regulatory Agency (PPPRA ) announced an increase of the product to…
Shell shuts Bonga oil export terminal for maintenance
The Shell Nigeria Exploration and Production Company, SNEPCo, says it has shut the Bonga oil export terminal for routine maintenance. SNEPCo says it aims to have the work done in “record time”. According to the company , maintenance on the…