Business

PenCom Approves Acquisition, Mergers of Pension Managers

The National Pension Commission (PenCom) yesterday said it has approved the mergers and acquisitions of some pension fund managers in…

4 years ago

Breaking: Oil price near $114/barrel, Nigeria’s fuel crisis worsening

Fears that Russia’s invasion of Ukraine and sanctions imposed by the west could affect supplies from both countries have driven…

4 years ago

BREAKING: Lawmakers vote against bill seeking to include VAT on exclusive list

The House of Representatives, on Tuesday, rejected a bill seeking to include value-added tax (VAT) on the exclusive list. A…

4 years ago

Governors reject power bill, insist states can handle electricity

The Nigeria Governors Forum (NGF) has rejected the electricity bill being considered by the Senate. In a letter dated February…

4 years ago

Bad fuel: Petrol scarcity persists in Abuja, Lagos, others, despite govt’s assurances

Sells at N400/litre at black-market •We’ve adequate supply —FG  •NUPENG directs members to compile names of marketers hoarding PMS, increasing…

4 years ago

Seplat acquires Mobil Producing Oil assets for $1.3m

Seplat Energy Plc has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited from…

4 years ago

Finance commercial vehicle purchase, Lanre Shittu director urges FG

The Group Executive Director of Lanre Shittu Motors (LSM), Mr Taiwo Shittu, has advised the Federal Government and other finance…

4 years ago

Photos: Revolutionised Mercedes-Benz S-Class arrives in Nigeria

Weststar Associates has announced the introduction of an all-new Mercedes-Benz S-Class to Nigeria, coming with a revolutionary interior design such…

4 years ago

Just in: Nigeria frets as oil price finally hits $100/barrel

The price of crude oil (Brent) has risen to $100 per barrel in the international market, due mainly to the…

4 years ago

NNPC releases distribution details of 387.5m litres of petrol to solve scarcity

As the scarcity caused by withdrawal of methanol-blended petrol into the country eases off, the Nigerian National Petroleum Company Ltd,…

4 years ago