NNPC ensures private depots comply with N133.28 ex-depot price of PMS

The Nigerian National Petroleum Corporation (NNPC) has deployed more of its depots and other throughput facilities to enforce the N133.28 Ex-Depot price of Premium Motor Spirit, otherwise known as petrol, to marketers directly. A press statement signed by the Group General Manager, Group Public Affairs Division of the NNPC, Ndu Ughamadu, made available to BusinessDay…

SABMiller, 19 other factories to complete $10bn investments in Ogun

SABMiller, the largest breweries in the world which was acquired by Anheuser-Busch InBev (AB InBev) a Brazilian-Belgian Group headquartered in Leuven, Belgium, currently leads 19 other firms in fresh investments worth over $10 billion expected to be completed in Ogun state this year, BusinessDay has learnt. BusinessDay reports that the fresh 20 companies which cut…

2018 budget, economic bills, insecurity top agenda as Senate resumes Tuesday

Approval of the N8.612 trillion 2018 budget, 12 economic recovery bills, debate on plans by the Federal Government to withdraw $1 billion from Excess Crude Account (ECA) to tackle insecurity in some parts of the country, will top the agenda, as the Senate resumes on Tuesday. The development comes as the upper legislative chamber stated……

2018 budget, economic bills, insecurity top agenda as Senate resumes Tuesday

Approval of the N8.612 trillion 2018 budget, 12 economic recovery bills, debate on plans by the Federal Government to withdraw $1 billion from Excess Crude Account (ECA) to tackle insecurity in some parts of the country, will top the agenda, as the Senate resumes on Tuesday. The development comes as the upper legislative chamber stated……

Over N500bn loan: Reps summon past Etisalat directors over alleged gross mismanagement of capital

The House of Representatives on Monday resolved to conduct fresh and thorough investigation into allegation bothering on the gross mismanagement of defunct Etisalat Telecommunication company. Saheed Akinade-Fijabi, chairman, House Committee on Communication disclosed this at the National Assembly complex, Abuja during an investigate public hearing into the collapse of Etisalat (now 9mobile) in order to……

Life With Kayode Fahm, Travel and Exploration E13

About Life With Kayode Fahm Life with Kayode Fahm is a 13 episode motivational series showcasing Kayode Fahm’s travels throughout Africa as a motivational speaker, classical guitarist and martial artist seeking to inspire progressive change. Each episode explores a key life theme in an attempt to lift, educate as well as motivate viewers. The series features inspirational international professionals as well as Nollywood celebrities and was shot in Lagos, Cross Rivers,…

NAMA pledges improved airspace safety

Managing director, Nigerian Airspace Management Agency (NAMA), Fola Akinkuotu, has assured airlines and other airspace users of the determination of the agency to work assiduously towards building upon the current safety profile of the nation’s airspace. Akinkuotu, who made these remarks in a statement to mark his first anniversary as managing director and chief executive…

NSE places 7-Up Bottling Company on full suspension

The Nigeria Stock Exchange (NSE) has suspended the shares of Seven-Up Bottling Co. following a takeover bid from majority shareholder Affelka to minority holders, the nation’s stock exchange said on Friday. Seven-Up shareholders have passed a resolution to back the takeover bid by Affelka which will see the company delisted from the bourse, the NSE said……

The Assembly wants creatives to level up!

Africa’s fashion and creative industry is growing vibrantly, however certain factors such as industry fragmentation, huge knowledge and skills gaps, limited resources and high barriers to entry, (ILO, 2014: BOF, 2016 and British Council, 2016) are hampering the sustainable development of the sector. In response to their growing community needs, The Assembly Hub has launched…