Federation Account: FG, States, LGs Shared N7.8tr in 2019; Delta, Lagos top list
A new report by the Economic Confidential has disclosed that the Federal Government, 36 states and the 774 local government councils in Nigeria shared a total sum of N7.8 trillion…
Covid-19: Dana Air introduces WhatsApp booking service
Dana Air says it has introduced WhatsApp booking in line with the social/physical distancing measures of Covid-19 and to create ease of booking, payment and inquiries for its passengers. Its…
Dealboku e-commerce platform opens for business
Nigeria’s latest e-commerce platform, Dealboku (https://dealboku.com) opens for business today, Thursday, 9 July 2020. Dealboku is promoted by Sundiata Post Media Ltd, publishers of Sundiata Post (https://sundiatapost.com), Nigeria’s fast growing…
Deregulation: It was unrealistic to continue with the burden of subsidising PMS -Minister
The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to ensure economic growth and development of the country. Sylva made…
Access Bank acquires 100% equity of Zambian Bank
Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the…
Over 600 companies bid for Nigeria’s 57 marginal oilfields – DPR
The Department of Petroleum Resources (DPR) says over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in the country. Mr Auwalu Sarki,…
Okowa resends revised 2020 Appropriation Bill of N282bn to Assembly
Gov. Ifeanyi Okowa of Delta on Tuesday sent a revised 2020 appropriation bill of N282 billion to the State Assembly for approval. The letter accompanying the proposed budget made up…
Oil prices fall over surge in covid-19 cases in US
Oil prices fell on Tuesday, erasing earlier gains, on concerns that the surge in coronavirus cases in the United States, the world’s biggest oil user, will limit a recovery in…
Domestic flights resume July 8; passengers to observe covid-19 protocols
The Minister of Aviation, Sen. Hadi Sirika, on Wednesday in Abuja said domestic flights that had been suspended since March 20, would finally resume on July 8. Sirika announced this…
PPPRA fixes PMS price band of N140.80 to N143.80 per litre for July
The Petroleum Products Pricing Regulatory Agency (PPPRA), has fixed the pump price band of Premium Motor Spirit (PMS), also known as petrol at between N140.80 and N143.80 per litre for…