FCTA set to recover N29 billion ground rent

The Federal Capital Territory Administration (FCTA), has initiated processes to recover N29 billion (29 billion Naira) owed it as ground rent by land allottees in the Federal Capital Territory. This

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NNPC GMD assures of ending fuel queues

The Group Managing Director, Nigerian National Petroleum Cooperation (NNPC) Mr Mele Kyari, has assured of ending the current fuel queues in filling stations in the country. Kyari said this in

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26 ships expected at Lagos Port Complex with petroleum products, others

The Nigerian Ports Authority (NPA) on Tuesday said that 26 ships were expected to arrive at  the Lagos Port Complex from May 10 to May 26. NPA  made the disclosure

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YouTube reaffirms commitment to creators, music industry in Africa

YouTube on Monday reaffirmed its commitment to creators and the music industry in Africa through a series of events to run throughout May in celebration of Africa month. Alex Okosi, Managing Director, Emerging

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Private sector invests N500bn in automotive industry – Official

Alhaji Jelani Aliyu, the Director-General (DG), National Automotive Design and Development Council (NADDC), says the private sector has so far invested over N500 billion in the automotive industry. “We have

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14 ships with petrol, others waiting to berth at Lagos ports

The Nigerian Ports Authority (NPA) on Friday said 14 ships had arrived the ports and were waiting to berth with petrol, frozen fish, bulk salt, bulk wheat, base oil, ethanol

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Russia won’t deploy nuclear weapons to Ukraine – Foreign ministry

Russia’s Foreign Ministry has rejected speculations about possible deployment of nuclear weapons to Ukraine, saying such a move is not the Kremlin’s goal. Foreign ministry spokesperson Alexei Zaitsev said there

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Access Bank partners FG to roll out loans for farmers, SMEs

Access Bank Plc has partnered the Ministry of Humanitarian Affairs, Disaster Management and Social Development to roll out a loan scheme for poor farmers aged 18 years to 55 years

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OPEC raises Nigeria’s production quota to 1.772mbpd for June

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022 to a new

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Gas is transition fuel, says NNPC

The Federal Government says it is focusing on the exploitation of gas to close the gap that can be created by less use of petrol, diesel and other fossil fuels,

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