The Chairman of Ocean Marine Solutions Limited, Captain Hosa Okunbo has disclosed to ionigeria.com that Dr. Tunde Ayeni, a former director of the company sold his shares in the company in August 2018 to Wells Property Development Company Limited.
Read More »FG to shutdown Third Mainland Bridge 72 hours, partially close Lagos-Ibadan Expressway 48 hours
The Federal Controller of Works Lagos, Mr Olukayode Popoola on Tuesday announced a 72-hour total closure of the Third Mainland Bridge to cast concrete on the expansion joints.
Read More »Senate passes 2021 Appropriation Bill of N13.5trn
The Senate on Monday passed the 2021 Appropriation Bill of N13.5 trillion.
Read More »Tax Appeal Tribunal North West Zone resolves disputes in excess of Twelve Billion Naira
The North West Zone of the Tax Appeal Tribunal has since the inception of the current panel resolved tax disputes in excess of twelve billion naira, with pending appeals in excess of three billion naira.
Read More »Buhari appoints interim administrator for NDDC
President Muhammadu Buhari has approved the appointment of an interim administrator to oversee the affairs of the Niger Delta Development Commission (NDDC)
Read More »Central Bank Rule Leaves Cocoa Stranded at Ports
Nigerian cocoa exporters are facing long delays in shipping their goods after the central bank started insisting on additional documentation to ensure proceeds are returned to the country, according to bloomberg.com
Read More »“We sold oil at $9 per barrel in April, and practically we begged people to come and take,” Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, said buyers were begged to purchase the Nigerian crude oil at $9 per barrel in April.
Read More »Nigeria’s economy enters another recession in five years
Nigeria, Africa’s biggest economy, has entered its second recession in five years as official figures published on Saturday show that the economy shrank again in the third quarter of this year.
Read More »Nigeria signs pact to import petrol from Niger
Nigeria has signed an agreement for transportation of imported petroleum products from Niger Republic.
Read More »Petrol pump price hits N170 per litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN ) has directed marketers to sell the Premium Motor Spirit (PMS ) for N170 per litre.
Read More »