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174,574 apply for COVID-19 N75bn MSME survival fund
The Federal Government on Thursday disclosed that a total of 174,574 persons successfully registered for the N75bn National MSME Survival Fund and the Guaranteed Off-take Stimulus schemes under the Nigeria Economic Sustainability…
Oil marketers oppose labour strike, say they have lost N320bn to government-imposed prices
Oil marketers in the country, under the aegis of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), have said they lost over N320bn worth of investments due to government-imposed product prices in the oil and gas…
Minister calls for synergy between TCN, IBEDC for improved services
The Minister of State for Power, Mr Goddy Jedy-Agba has called for synergy between the Transmission Company of Nigeria (TCN) and Ibadan Electricity Distribution Company (IBEDC) for improved services to customers.
He made the call…
FG puts presidential jet up for sale
A jet in the Presidential Air Fleet, Hawker 4000 aircraft, with registration number, 5N-FGX/: RC 066, has been put up for sale by the Federal Government.
The notice of the sale was published in some national dailies on Wednesday. …
NNPC canvasses review of Local Content Act
The Nigerian National Petroleum Corporation (NNPC) has canvassed a review of the Local Content Act to reflect current realities in the oil and gas industry.
Group Managing Director, NNPC, Mallam Mele Kyari, according to a…
Tanker owners halt strike following NNPC, DSS intervention
The Nigerian Association of Road Transport Owners has suspended the two-day warning strike which it commenced on Tuesday.
There were fears that the strike would lead to fuel scarcity in the country.
The suspension of the…
16 ships discharge petroleum products, food stuff at Lagos ports
The Nigerian Ports Authority (NPA) says 16 ships are discharging petroleum products and food stuff at the Lagos ports.
The NPA made this known in its publication, “Shipping Position”, on Tuesday in Lagos.
It listed the…
Micro Finance Banks, catalysts for rural economic development-Gov. Masari
Governor Aminu Masari of Katsina State has described Micro Finance Banks as catalysts for rural economic developments.
Masari made the remarks while inaugurating the board of directors, Amana Micro Finance Bank on Tuesday in…
Interest rate cut: Stock market advances by N42bn
Transactions on the Nigerian Stock Exchange on Tuesday rebounded further by 0.31 per cent, just as the Monetary Policy Committee (MPC) reduced interest rate by 100 basis points.
The MPC of the Central Bank of Nigeria (CBN) at…
Federal Government takes over revenue management of ten of its Lucrative Firms
In a move to boost its dwindling resources,the Federal Government has directly taken over control of revenue management of its ten most lucrative Enterprises.
The ten Government-owned Enterprises (GOE) named in the first phase…