Former CBN Governor and one-time Emir of Kano Muhammad Sanusi II has said, to protect the naira, the Central Bank of Nigeria (CBN) must fund Bureau De Change (BDC) segment of the foreign exchange . This action he said, will bridge the gaps between official and parallel market rates of the naira. The apex bank […]

The national leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has ordered petroleum tanker drivers to withdraw their services from Lagos State with effect from August 10. The directive came on the heels of the failure of various authorities in the state to address three major issues causing problems for petroleum […]

As more marketers raised the pump price of Premium Motor Spirit (PMS) (petrol) on Thursday, the Nigeria Union of Petroleum and Natural Gas (NUPENG) workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have voiced their opposition to the deregulation of the downstream petroleum sector when the country is still relying […]

Computer professionals have called on the Federal Government to lead Nigeria’s journey towards the realisation of the Fourth Industrial revolution, otherwise called, Industry 4.0. Under the aegis of the Nigeria Computer Society (NCS), the umbrella body of all information and technology (IT) professionals, interest groups and stakeholders in the country, noted that the realisation of […]

Following increase in the prices of crude oil, marketers are pushing for the upward review of the Premium Motor Spirit (PMS) petrol N150 per litre for the month of August. The Petroleum Products Pricing Regulatory Agency (PPPRA ) last month announced increase of the product to a band of N140.80 to N143.80 per litre. It […]

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