Business

Olabode Adaramola The Department of Petroleum Resources (DPR) has closed down 13 filling stations in Niger state for selling above approved pump price. The state Comptroller, DPR, Engnr. Abdullahi  Isah Jankara stated this at the weekend in Minna. He said that the closed stations were     discovered to be dispensing fuel at N205 to N250 per litre during inspection …

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The Nigerian Civil Aviation Authority (NCAA) has declared the alleged and reported Runway 18R burglary attempt on the Cargo Hold of Air Peace as unfounded. This conclusion was arrived at after the Regulatory Authority reviewed all the reports from the relevant agencies concerning the incident and it was unproven. Last week, there were reports that the Pilot-in-Command (PIC) of Air …

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 By Amos Okioma Residents at Koluama communities in Southern Ijaw Local Government Area of Bayelsa have bemoaned the negative impact of a gas leak from an oilfield in the area. The people of Koluama reported an explosion from Agulo oilfield operated by Conoil Producing in the area on February 4, 2018. James Epigo who resides in Koluama 1 community said …

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Ecobank Securities, Wealth & Asset Management (SWAM), an arm of Ecobank Capital  has reaffirmed the bank’s determination to help its customers create, preserve and spread their wealth for themselves and successive generation. The bank offered additional products on wealth management during the SWAM breakfast session for customers in Lagos. Addressing the customers, Managing Director, Ecobank Development Company (EDC) Fund Management, …

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The Executive Director, Commercial of Agro Park Development Company Limited, Mr. Seun Edun has called on Nigerians to embrace commercial agricultural practices in order to position the country as a serious agricultural nation. Edun in an interview told journalists in Lagos that Nigerians are largely practicing subsistence farming through which it cannot benefit maximally from the vast arable land the …

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Lafarge Africa Plc has assured its host communities across the country that they will continue to support and empower them in order to improve the quality of their lives and stimulate sustainable development. The plant manager of Lafarge Africa 5mmt cement plant in Mfamosing, Cross River state Peter Robson disclosed this during the launch of Mfamosing community day celebrations by …

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The Vice-President, Yemi Osinbajo, on Thursday urged multinational companies to domicile their factories in Nigeria as he inaugurated Nestlé Nigeria Plc’s N4.1 billion Milo-Ready-to-Drink (RTD) factory at Agbara in Ogun. Osinbajo said that they should take a cue from Nestlé Plc’s expansion drive to domicile their factories in Nigeria as the country remained the preferred destination for investment in Africa. …

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By Amos Okioma The Bayelsa State Government on Thursday said it would showcase to the world some of the achievements of Governor Henry Seriake Dickson in the last six years. The laudable achievements,it said, had placed the state on higher pedestal of development. Consequently, the government has concluded plans to roll out the drums as it celebrates with pomp and …

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The internet users increased marginally to 98.3million in November, the Nigerian Communications Commission, has said. The NCC made this disclosure in its Monthly Internet Subscribers Data for December 2017 on its website on Thursday in Abuja. According to the data, Airtel, MTN, and Glo gained more internet subscribers during the month in review while 9mobile was the big loser. The …

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The Sokoto State Government and Bank of Industries (BoI) will disburse N2 billion loans to support small scale businesses across the state. Malam Imam Imam, the Special Adviser to Gov. Aminu Tambuwal on Media and Public Relations announced this in a statement on Thursday in Sokoto. Imam said the state government had released its counterpart fund of N1 billion to …

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