Nigerian Ports Authority gives Intels two-week ultimatum to remit $48 million...

The Nigerian Ports Authority (NPA) has given Intels Nigeria limited (Intels) a two-week ultimatum to remit an outstanding $48 million that ought to have...

Fuel scarcity: 28 petrol stations sealed in Delta

The Department of Petroleum Resources (DPR), Warri Zonal Office has sealed 28 additional petrol stations in the last nine days in Delta. The Warri Zonal...

Nigeria earns N284bn from cashew exports in three years

Nigeria earned $813.05m (N284.5bn) in foreign exchange from the exportation of cashew between 2015 and 2017. The President, National Cashew Association of Nigeria, Tola Fasheru,...

DPR seals 4 filling stations in Sokoto, Kebbi

The Department of Petroleum Resources (DPR) on Wednesday said it has sealed four filling stations in Sokoto and Kebbi States for violating operational rules. Alhaji...

28 ships arrive Lagos ports with petroleum products, food items

Twenty-eight ships laden with petroleum products, food items and other goods are expected to arrive at Apapa and Tin Can Island ports in Lagos...

Petroleum marketers to establish refinery, oil tank field

In a bold move to halt frequent scarcity of petroleum products in the country, the Independent Petroleum Marketers’ Association of Nigeria (IPMAN), may have...

Coca-Cola advises Nigerians to eat more fruits

The Coca-Cola Nigeria Ltd. has advised Nigerians to choose a healthy lifestyle by reducing their sugar intake and eat more fruits. The company Marketing Manager,...

Five ships laden with petrol arrive Lagos

The Nigerian Ports Authority, NPA, on Tuesday said five out of eight ships waiting to berth in Lagos ports contained petrol. The ports authority stated...

Economist suggests ways to check poverty

The Central Bank of Nigeria (CBN) should reduce the lending rate and take other steps to stimulate the economy, to reduce the suffering of...

Central bank to sack bank chiefs with bad loans – NDIC

Bank directors with Non-Performing Loans are to quit or be sacked, according to a new Code of Corporate Governance approved by the Central Bank...

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