Economy

NNPCL orders exit of management staff with 15months to retirement

The Nigerian National Petroleum Company Limited (NNPCL) has asked its management staff with less than 15 months to retirement to exit the service. This was contained in a statement by…

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Order restraining NLC, TUC from embarking on strike remains, says Court

The National Industrial Court on Monday declared that the order restraining the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) from embarking on their planned industrial action subsists. Justice Olufunke Anuwe stated that…

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EMEFIELE’S ARREST BY DSS: MORE REVELATION EMERGE;LINK WITH DANGOTE REFINERY MENTIONED 

In a shocking development, the Nigerian Federal Government has suspended the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Sources reveal that Emefiele was arrested in Lagos by the Department…

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MAY 29: Okonjo-Iweala tasks govs on debt management, others

Director- General of World Trade Organisation, WTO, Dr Ngozi Okonjo – Iweala, has warned the incoming and re- elected  governors to be mindful of acquiring huge debt profile for their…

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Striking workers begin airport shutdown next week

Striking aviation workers, who disrupted operations in the country’s airports on Tuesday, have threatened to totally shut down the airspace next Wednesday if the government fails to grant their requests….

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Kwara PoS operator lavishes N280m received in error

Policemen have arrested a Point of Sale operator who reportedly went on a spending spree after N280m was erroneously transferred to his account by a commercial bank. The POS operator…

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External reserves slide further to $35bn

The country’s external reserves fell by $112.78m in two weeks to $35.42bn, figures obtained from the Central Bank of Nigeria have revealed. Figures obtained from the CBN’s data on the…

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Striking aviation workers reject govt plea, threaten total shutdown

Striking aviation workers have threatened to shut down the country’s airports, as they enter the second day of their strike to the Federal Government failed to meet their demands. This…

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Fuel subsidy: FG begins 40% pay rise for workers April ending

Barring any last-minute change of plans, the Federal Government will begin payment of the planned increase in civil servants’ pay by the end of this month (April), according to The Punch…

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Senate indicts NNPC over N102bn crude oil deliveries

Senate on Wednesday indicted Nigeria National Petroleum Company Limited for poor record-keeping for crude oil deliveries to Warri Refinery and Petrochemical Company and Kaduna Refinery and Petrochemical Company worth $376,…

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