NewsReports

Small businesses will be hard hit, manufacturers warnNigerians are being taken for granted by this govt – NLC The pump price of the Premium Motor Spirit, also known as petrol, appears set to hit N160 per litre as the Nigerian National Petroleum Corporation has increased the price at which it sells the product to marketers from N138.62 per litre to …

…distances themselves from Northern splinter group Forty leaders of the northern geopolitical zone of the Nigerian Bar Association, NBA, on Wednesday, distanced themselves from moves to divide the legal body. The chairmen, in a communique they issued at the end of a meeting they held at the NBA Headquarters in Abuja, pledged their allegiance to the National President of the …

Washington (CNN) US-based senior Chinese diplomats will be required to seek US government permission to engage in a number of routine activities, Secretary of State Mike Pompeo announced Wednesday — the latest escalation amid worsening tensions between Washington and Beijing. The top US diplomat said that the “State Department has established a mechanism requiring approval for senior Chinese diplomats in the United …

Nigeria Labour Congress (NLC) has rejected the increase in Premium Motor Spirit (PMS), also known as petrol from N148. 50 per liter to N151.56 per litre. Mr Ayuba Wabba, NLC President told the News Agency of Nigeria (NAN), while reacting to the increase in the price of petrol on Wednesday in Abuja. NAN reports that the Pipelines and Product Marketing …

United States Center for Disease Control and Prevention (CDC) has asked the nation’s state governors to be ready for COVID-19 vaccine distribution by Nov. 1. The urgent request is contained in an Aug. 27 letter sent to the governors by the CDC Director, Dr Robert Redfield, according to local media reports. Among other things, Redfield wants the states to “do …

Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporations (NNPC), has announced a new ex-depot price of N151.56k  for premium Motor Spirit (PMS) also known as petrol. It disclosed this in a memo signed by D.O Abalaka of Ibadan Depot to all stakeholders on Wednesday. The memo with ref number PPMC/IB/LS/020 reads” please be informed that …

Great Benin King, His Royal Majesty (HRM), Omo N’ Oba N’ Edo Uku Akpolokpolo, Oba Ewuare II, has called on political actors in Edo State to eschew violence and embrace peace and tolerance ahead of the forthcoming gubernatorial election in the state. The monarch gave the charge on Wednesday in his palace in Benin City, during a peace meeting with …

Great Benin Enogie (Duke) of Evbobanosa, His Royal Highness, Professor Gregory Akenzua, has hailed Governor Godwin Obaseki’s  landmark achievements across Edo  state, praying for his victory in the September 19, 2020 governorship election. Prof. Akenzua gave the commendation and prayer when he and other Dukes (Enigies) in Orhionmwon Local Government Area of Edo State, on Tuesday, received the candidate of …

Nigerian Stock Exchange (NSE) has suspended trading in six companies over their inability to comply with extant corporate governance rules and best practices that mandate them to submit their financial statements within a specified period. The suspended companies include: FTN Cocoa Processors Plc; Medview Airline Plc; Niger Insurance Plc; R.T. Briscoe (Nigeria) Plc; Union Dicon Salt Plc and Capital Oil …

Edo State Governor, Mr. Godwin Obaseki, has condoled with former governor of the state, Comrade Adams Oshiomhole and the candidate of the All Progressives Congress (APC), Osagie Ize-Iyamu, over a road accident involving a backup security vehicle and top chieftains of the APC in the party’s campaign entourage. In a statement, the governor commiserated with the families of the victims …