NNPCL demands N4.7tn petrol imports refund

NNPCL MD, Mele Kyari The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, into the country. The claim was listed as “Exchange rate differential on PMS and other joint venture taxes” on petrol products imported […]

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Hunger protests: Victims, families recount ordeals, demand bailout

Protesters held Sunday service at the Old Airport roundabout during the ongoing #EndBadGovernance in Jos… on Sunday. Photo: NAN As the #EndBadGovernance nationwide protest fizzles out, many Nigerians, especially in the north, will live with the wounds, scars, and financial losses for a long time to come. The protests against economic hardship, which started on […]

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NAPS condemns Osun ploy students’ rustication

On Thursday, the National Association of Polytechnic Students condemned the recent rustication of 12 students of the Federal Polytechnic, Ede, Osun State students. The association also accused the Rector, Dr Sanni Yahaya, of tyranny and lack of commitment to the welfare and progress of the students, and demanded his sack. According to a statement, NAPS’ […]

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Aiyedatiwa appoints ODIRS acting chairman, SUBEB members

Ondo State Governor, Hon Lucky Orimisan Aiyedatiwa, has approved the appointment of Mr. Bayo Rojugbokan as the Acting Chairman of the Ondo State Internal Revenue Service (ODIRS). A statement by the governor’s spokesman, Ebenezer Adeniyan, said the appointment follows the resignation of the erstwhile Chairman, Mr. Tolu Adegbie. Rojugbokan, a tax, financial, and management accounting […]

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MTN Nigeria renegotiates tower lease agreements with IHS and ATC, cuts dollar component

Karl Toriola: MTN CEO MTN Nigeria Communications PLC, on Wednesday, said it had renegotiated the binding commercial terms of the existing infrastructure sharing and master lease agreements with IHS and ATC Nigeria. Specifically, the company said it had revised the terms of its contract with IHS to substantially reduce the US dollar-indexed component of the […]

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Fuel queues may linger till next week – Marketers

Oil marketers are still apprehensive and are not opening their filling stations for business, causing queues for Premium Motor Spirit, popularly called petrol, in many cities nationwide. Dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, which controls about 80 percent of filling stations across the country, said on Wednesday that the […]

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Abiodun orders refund of administrative fees for civil service recruitment

Governor Dapo Abiodun of Ogun has directed the Chairman of the Civil Service Commission to refund all administrative fees currently being charged for the ongoing recruitment exercise into the state’s civil service. Mr Tokunbo Talabi, the Secretary to the State Government (SSG), made this known in a statement issued on Thursday in Abeokuta. The governor […]

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CBN injects $876m into forex market to enhance liquidity

In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by enhancing liquidity when necessary, the apex bank offered $876 million to fulfill bids submitted by customers at an auction concluded on Wednesday, August 7, 2024. In line with its pledge to […]

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Osun varsity seeks priority for digital competence development to improve global economy

The Vice-Chancellor of Osun State University, Prof Clement Adebooye, has urged tertiary institutions to prioritise the development of digital competencies among students for the country to thrive in increasingly AI-driven global markets. He took charge of the 2024 Entrepreneurship Studies and Innovation Training Programme held at the University of Osogbo. Adebooye affirmed, “By building digital […]

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