Buhari summons Gov. Uzodinma, Power Minister, Economic Adviser
President Muhammadu Buhari on Monday summoned Governor Hope Uzodinma of Imo, Minister of Power, Abubakar Aliyu, and his Chief Economic…
Day: March 22, 2022
Brent rises to $115 as EU considers Russia oil ban
Brent crude, the global oil benchmark, rose 7.3 percent, or $7.88, to $115 per barrel at 7.54 p.m. Nigerian time on Monday, as European Union nations pondered joining the US in a Russian oil embargo. Global oil prices moved higher ahead of talks this week between European Union governments and the United States President,…
FG scraps PCR test for fully vaccinated travellers
The Federal Government announced on Monday that fully vaccinated inbound travelers will no longer be needed to perform a pre-departure PCR COVID-19 test. The FG stated, however, that they will be subjected to a free quick antigen test at the airport by the NCDC in the arrival hall. Many travelers had complained about the high cost of the PCR test, prompting the decision. He added that passengers who are unvaccinated or partially vaccinated are mandated to take a COVID-19 PCR…
Buhari inaugurates 3m metric tonnes Dangote Fertiliser Plant
The President, Major President, Major General Muhammadu Buhari (retd.), has inaugurated the three million metric tonnes Dangote Fertiliser Plant in…
Optimism rises for increased cocoa yield in Ivory Coast
After a prolonged dry season almost cast doubt over Ivory Coast’s ability to record good cocoa yields during the April-to-September…
OPEC+ Compliance Jumped To 136% In February, Say Delegates
Compliance among deal-bound members of the Organisation of Petroleum Exporting Countries (OPEC) and allies OPEC+ rose to 136 per cent…
Stakeholder: CBN’s $250m Intervention in Discos’, TCN Interface Will Stabilise Power Grid
The intervention of the Central Bank of Nigeria (CBN), in the rehabilitation of interfaces between Nigeria’s transmission and distribution infrastructure…
FAAC meets today as NNPC deductions threaten states’ allocations
The planned deduction of N242.53bn fuel subsidy from the Federation Account this month by the Nigerian National Petroleum Company Limited…
CBN to meet NNPC, finance ministry over petrol scarcity
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Monday said that the management of the apex would…
Massive oil thefts threatening external reserves, revenue – MPC
The Monetary Policy Committee of the Central Bank of Nigeria on Monday decried the negative impact of the increasing oil…
Buhari inaugurates Lagos intl airport terminal today
The President, Major General Muhammadu Buhari (retd.), is to inaugurate the newly built international terminal of the Murtala Muhammed Airport,…