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Degree mill: 21,600 students parading fake certificates – FG
Posted inBusiness

Degree mill: 21,600 students parading fake certificates – FG

The Federal Government has revealed that approximately 21,600 students are parading fake certificates obtained from degree mill institutions in countries like Benin Republic and Togo. Minister of Education, Prof. Tahir…
Posted by Jane Chinecherem August 23, 2024
Anambra women receive N50,000 First Lady’s recapitalisation grant
Posted inBusiness

Anambra women receive N50,000 First Lady’s recapitalisation grant

Over 1,000 women in Anambra State have received a recapitalization grant of N50,000 each from the First Lady's Renewed Hope Initiative Economic Empowerment Programme. The program aims to improve the…
Posted by Jane Chinecherem August 22, 2024
Why fuel queues persist – PENGASSAN 
Posted inBusiness Politics

Why fuel queues persist – PENGASSAN 

The President of Petroleum and Natural Gas Senior Association of Nigeria (PENGASSAN), Festus Osifo, has attributed the persistent fuel queues in Nigeria to weak and outdated distribution chains. He stated…
Posted by Jane Chinecherem August 22, 2024
Producers decline sale of 460,000bpd crude to Dangote refinery
Posted inBusiness

Producers decline sale of 460,000bpd crude to Dangote refinery

The Independent Petroleum Producers Group (IPPG) has rejected a mandate to sell crude oil to local refineries, including the Dangote Petroleum Refinery. The IPPG, which produces 30% of Nigeria's crude…
Posted by Jane Chinecherem August 21, 2024
IPMAN reveals solution to end fuel scarcity in three days
Posted inBusiness

IPMAN reveals solution to end fuel scarcity in three days

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has proposed a solution to end the ongoing fuel scarcity in Nigeria within three to four days. According to IPMAN Chairman, Shino…
Posted by Jane Chinecherem August 20, 2024
Firm, NIBSS partner to boost POS transactions
Posted inBusiness

Firm, NIBSS partner to boost POS transactions

Zone Payment Network Limited, formerly known as Appzone, has partnered with the Nigeria Inter-Bank Settlement System (NIBSS) to enhance POS transactions in Nigeria. The collaboration aims to revolutionize the country's…
Posted by Jane Chinecherem August 20, 2024
NNPC declares record N3.3tn profit in 2023, announces N2.1tn dividend
Posted inBusiness

NNPC declares record N3.3tn profit in 2023, announces N2.1tn dividend

The Nigerian National Petroleum Company Limited (NNPC) has announced a record-breaking net profit of N3.297 trillion for the 2023 financial year, a 28% increase from the previous year's profit of…
Posted by Jane Chinecherem August 19, 2024
NNPC denies owing foreign oil traders $6.8bn
Posted inBusiness

NNPC denies owing foreign oil traders $6.8bn

The Nigerian National Petroleum Company Limited (NNPC) has denied owing international oil traders $6.8 billion. NNPC's Chief Corporate Communications Officer, Olufemi Soneye, responded to allegations against the state-owned energy firm,…
Posted by Jane Chinecherem August 18, 2024
Maiduguri inland port to begin operations in 6 months – Gov Zulum
Posted inBusiness

Maiduguri inland port to begin operations in 6 months – Gov Zulum

Borno State Governor, Babagana Umara Zulum, announced that the Maiduguri dry inland port will commence operations in six months. He made this statement in Lagos after meeting with the Nigerian…
Posted by Jane Chinecherem August 14, 2024
Petrol sells for N950 per litre in Kano
Posted inBusiness

Petrol sells for N950 per litre in Kano

Fuel prices in Kano State have skyrocketed, with a liter selling for between N900 and N950, following the recent #EndBadGovernanceInNigeria# protest. This price hike has had a ripple effect, with…
Posted by Jane Chinecherem August 14, 2024

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