Business

Labour threatens to shut CAC

The Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees, AUPCTRE, has vowed to shut down the headquarters of the Corporate Affairs Commission, CAC, from January 21, 2021 following the expiration of a 21-day ultimatum issued to the management of the com [...]

Sun, 10 January 2021


TCN transmits all-time peak of 5,552.80MW

The Transmission Company of Nigeria, TCN, says it has successfully transmitted an enhanced all-time peak of 5,552.80 Mega Watts, MW, on Wednesday at 8.15 pm.

 

TCN’s General Manager, Public Affairs, Mrs. Ndidi Mbah, in a statement in Abuja, said that this latest all-time peak [...]

Sun, 10 January 2021


Oil: NNPC pledges to bring down cost of production

Again, the Nigerian National Petroleum Corporation, NNPC, has pledged to bring down the unit cost of oil production in the country to $10 per barrel, so as to remain competitive in the Industry and deliver value to all Nigerians.

 

 

 

 

 

Fri, 11 December 2020


NNPC assures indigenous shipping coys assured of support

The Nigerian National Petroleum Corporation, NNPC, has expressed readiness to support indigenous ship owners to enjoy greater patronage and participation in the oil and gas maritime business in Nigeria.

Group Managing Director of NNPC, Mallam Mele Kyari, gave the assurance while playing host to [...]

Sat, 05 December 2020


Expert tells FIRS to simplify tax processes for MSMEs

The Federal Inland Revenue Service, FIRS, has been called upon to ensure simplification of tax processes in order to attract Micro, Small and Medium Enterprises, MSMEs, to the tax net.

Fiscal Policy Partner of Pricewatercoopers, Dr Taiwo Oyedele, made the call at the Public-Private Dialogue/Sur [...]

Sat, 05 December 2020


Why 70% of PMS in West Africa originates from Nigeria- Kyari

The gaps over control of distribution and sale of Premium Motor Spirit, PMS, in Nigeria continue to deepen as over 70 per cent of petrol consumption across West Africa originates from the country.

 

Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Malam [...]

Mon, 23 November 2020


NEPC tasks MSMEs on product packaging for export

The Nigerian Export Promotion Council, NEPC, has called on Micro, Small and Medium Enterprises, MSMEs, to up their games in the packaging of indigenous products to become major players in the nation's export business.

Executive Director of NEPC, Mr Segun Awolowo, stated this at a training p [...]

Sun, 22 November 2020


NNPC targets growth in Nigeria’s hydrocarbon reserves

The Nigerian National Petroleum Corporation, NNPC, has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40 billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country.

Group Managing Director of the corporation, Mallam M [...]

Sun, 22 November 2020


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Latest posts

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The Academic Staff Union of Polytechnics, ASUP has confirmed the withdrawal of [...]

06 April 2021