Job losses loom after UK drug maker terminates GSK Nigeria’s contract, forces firm’s shutdown

Employees at GlaxoSmithKline (GSK) Consumer Nigeria will lose their jobs this year, as the company has…

Naira falls to N885 per dollar in parallel market

The Naira, on Thursday, depreciated to a new low of N885 per dollar at the parallel…

Reps to probe N11.3tr ‘spent’ on fixing refineries

The House of Representatives says it will revisit the case of the N11.3 trillion allegedly spent…

Subsidy removal: NLC threatens nationwide strike over FG’s contempt lawsuit

The Nigeria Labour Congress (NLC), on Thursday, threatened to begin a nationwide strike on August 14…

FAAN suspends taxi services at Abuja airport

Air travelers may be in for difficult times as the Federal Airports Authority of Nigeria (FAAN)…

Dangote Refinery may not attain 50% production level this year, says TUC President Osifo

President of the Trade Union Congress (TUC), Comrade Festus Osifo, has predicted that there is no…

Protesting NUPRC workers demand sack of chief executive

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) employees, on Wednesday, called for the sack of their Chief…

Price of dollar drops in official market, stays flat in black market

FMDQ Exchange has reported that the official exchange rate between the naira and the United States…

Subsidy removal: Our decision on protest will be made known Thursday, says NLC President Ajaero

The Nigeria Labour Congress (NLC) says it will make its decision on the suspension or continuation…

Marketers predict petrol price to reduce by N70/litre if…

Oil marketers claim that once local refining is fully operational, the cost of petrol will be…