Oil Palm  Growers Association of Nigeria (OPGAN) has expressed concern over the low quality of palm oil produced in the country due to lack of processing machines. Its National President, Mr Igwe Uche, who made this known in an interview,...
The Lagos State Commissioner for Energy and Mineral Resources,Olalere Odusote, has said the state administration is desirous of creating enabling environment for oil companies in the state in line with its campaign for ease of doing business. Odusote disclosed this...
The International Air Transport Association (IATA) has released data for global air freight markets showing that demand, measured in freight tonne kilometres (FTKs), decreased by 1.1 per cent  in November, last year, compared to the same period in 2018. Though...
THE Lagos State Government will soon inaugurate 360 more housing units in its efforts to tackle the challenge of housing deficit in the state. The Commissioner for Housing, Mr. Moruf Akinderu-Fatai made this known yesterday during a visit to the...
THE Federal Institute of   Industrial   Research (FIIRO)   branch   of   Senior   Staff   Association   of Universities,   Teaching   Hospitals,   Research   Institutions   and   Associated   Institutions (SSAUTHRIAI) has distanced itself from the call for the suspension of the Acting Director-General (DG) of FIIRO, Dr....
The National Park Service (NPS) has arrested 607 suspects for various offences ranging from illegal poaching, logging, grazing and others between January and November last year. Its Conservator-General (CG), Ibrahim Goni, who spoke during a visit by the United Arab...
Oil prices tumbled on Wednesday as United States President Donald Trump signalled tensions with Iran are easing, reducing fears of a deeper conflict between the two nations. The decline in crude marks a stunning reversal from an initial spike caused...
The Central Bank of Nigeria (CBN) has retained the Loan-to-Deposit Ratio (LDR) policy for banks at 65 per cent and set March 31 deadline for the banks to comply. “The CBN  has noticed remarkable increase in the size of gross...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has said over 18 billion litres of Premium Motor Spirit (PMS) were supplied in Nigeria last year. In a report, the agency said total quantity of PMS supplied across the nation as at...
The National Insurance Commission (NAICOM) is set to liquidate two troubled insurance companies – Investment and Allied Assurance Plc and Spring Life Assurance, the Acting Commissioner for Insurance, Sunday Thomas, has said. He made this known at the NAICOM Seminar...

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