The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of petroleum products marketers in…
Month: November 2020
Excitement as Nigeria’s first electric car debuts in Lagos
Hyundai Kona, a car manufactured by the Stallion Group at its assembly plant in Ojo, Lagos State, has…
Oil prices rise further on prospect of OPEC+ output deal
*Bonny Light loses $0.81 Oil prices lifted higher on Monday, recovering some of the grounds lost…
Nigeria’s inflation rate hits 14.23%
Nigeria’s inflation rate has climbed to a 30-month high, at 14.23 percent in October, according to…
Ikpeazu reads riot act to contractors over Federal roads in Abia
* Ohanaeze youths furious, ask Fashola to resign Worried by the conditions two Federal road contracts, namely…
Nigeria records 152 new cases of COVID-19, total now 65,148
The Nigeria Centre for Disease Control (NCDC) has announced 152 new cases of COVID-19, bringing the…
Naira exchanges at N470/$ in parallel market
The naira has continued to fall in the parallel market exchanging at N470 to a dollar…
NNPC clarifies increase in PMS ex-coastal, ex-depot price regimes
The Nigerian National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating…
Seplat, NNPC inaugurate $700m gas project in Imo
The Chairman of Seplat Petroleum Development Company, Bryant Orjiako, has said the construction of a $700…
Davido promises to marry heartthrob Chioma, but…
Nigerian pop singer, David Adeleke aka Davido, has assured that marriage to his long-time fiancé, Chioma,…