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Tag : Thursday

Business

Fierce competition will keep petrol price moderate – marketers

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Pool Photo Against the backdrop of the full deregulation of the nation’s downstream oil sector, major oil marketers have said fierce competition will moderate the...
Business

US sanctions 11 entities for aiding Iran’s oil sector

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The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping...
Business

Nigeria scores important victory in fraudulent P&ID case

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Nigeria has scored a victory in its endeavour to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments...
Business

Foreign airlines barred, approved for Lagos, Abuja airports — full list

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Akintunde Akinleye/Reuters The Federal Government on Thursday released the list of airlines barred and approved for international flights into Nigeria beginning from September 5. So...
Business

Nigerian government not financially able to pay subsidy – minister

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Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, disclosed that the Federal Government was not currently capable, financially, to pay the subsidy. Addressing...
Business

Motorists, commuters groan as petrol sells for N164 per litre

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Pool Photo Vehicle owners and commuters in Lagos on Thursday decried the increment in pump price of Premium Motor Spirit, also known as petrol, following...
Business

IPMAN suspends planned shutdown in Anambra

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Members of Independent Petroleum Marketers Association of Nigeria (IPMAN) in Anambra, have suspended their planned strike in the state scheduled to hold on Thursday over...