Oil production will hit 1.8 million barrels per day by July 2023 – Mele Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that Nigeria’s crude oil production will reach 1.8 million barrels per day by... Read more »

NLC to begin nationwide strike over removal of fuel subsidy

The Nigeria Labour Congress (NLC) has announced a nationwide strike from next week Wednesday.   The strike action  was declared due to fuel subsidy removal which was announced by... Read more »

NLC President asks NNPC to remove these “illegal prices” announced recently.

The president of the Nigerian Labour Congress has asked NNPCL to remove what he termed as “illegal prices” of new pump price across the country. In a video obtained... Read more »

Fuel Subsidy; NLC Declares Indefinite Strike? Truth Comes Up

The Nigeria Labour Congress (NLC) in FCT, Abuja has shrugged of  the  recent news that it was set to begin industrial action on Friday, June 2, against the removal... Read more »

Oluwayemisi Olorunshola appointed as Wema Bank Board Chairman

Wema Bank Board of Directors have announced the appointment of Dr. (Mrs.) Oluwayemisi Olorunshola as its new Board Chairman. The appointment was as a result of the retirement of... Read more »

Rise in Fuel Prices; Leading Nigerian Oil Marketers Make Lots Of Profit

As fuel subsidy removal was announced in Nigeria, major petroleum marketing companies have confirmed a high rise in  profit for the quarter ending March 2023. It has been reported... Read more »

CBN debunks naira devaluation rumors

The Central Bank of Nigeria has debunked claims reporting that the apex bank has devalued the naira to N631/$1. The publication had earlier been made by Daily Trust. The... Read more »

Elon Musk overtakes Bernard Arnault as world’s richest man, worth $192 billion

Musk has overtaken fashion icon, Bernard Arnault to become the world’s richest person on earth, following the end of Wednesday’s trading session. This news is according to the Bloomberg... Read more »

Nigerian Aircraft skidded off Lagos Airport runway with passengers onboard

Well known Nigerian aircraft “United Nigeria Airlines aircraft Embraer 45” with the registration number: 5N-BWW skidded off the runway at the Murtala Muhammed Airport (MMA), Lagos. The airline, which... Read more »