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NNPC to Hike Fuel Price as Tanker Drivers Suspend Strike

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The price of petrol might be increased anytime soon as stakeholders in the oil industry meet for a strategic meeting. Petroleum Tankers Drivers, PTD, branch of the Nigeria Union of Petroleum and Natural gas Workers, NUPENG, Monday, suspended their strike action to allow for further dialogue with the Federal Government ...

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Nigeria, Norway rally investors on non-oil export promotion


Director NORAD, Bjorn Holter Eriksen (left); Regional Director, Innovation Norway, Ole Johan Sandvaer; Chairman Nigerian Norwegian Chamber of Commerce( NNCC) ; Chijioke Igwe; Ambassador of Norway to Nigeria, Jens-Petter Kjemprud; Vice Chairman NNCC, Bertrand Huet; and Director-General (Interim) NNCC, Adebowale Ed Doherty, at the business roundtable held by the Chamber, ...

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Lagos yet to relocate Mile 12 market 13 months after promise


Thirteen months after the Lagos State Government promised to relocate the Mile 12 market, the government has yet to complete work on its new site in Ikorodu. The Mile 12 Market is currently situated at the Ikosi-Isheri axis of Lagos-Ikorodu Road in Kosofe Local Government Area. Governor Akinwunmi Ambode had ...

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Nigeria-China Trade Declines By 79% In 2016


Emerging reports have it that trading activities between Nigeria and Asian commercial giant, China plummeted massively last year. The trade relations between Nigeria and China declined in 2016 to a record low, according to the Chinese Ambassador to Nigeria, Zhou Pingjian. According to the Ambassador, Nigeria-China trade relations was $15 ...

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Minimum Wage: FG, Labour Reaches Consensus


The President, Nigeria Labour Congress (NLC), Mr Ayuba Wabba, says the Federal Government and the organised Labour movement in the country have reached a consensus to review the National Minimum Wage. Wabba, told our correspondent in Abuja on Wednesday that the consensus was reached during the sitting of the Technical ...

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