September 4, 2020

Outrage As Depot Price Hike May Push Petrol To N160

Not too long ago, the Nigerian Postal Service (NIPOST) introduced new charges that would cause an increase in the costs of licensing for logistics and courier service providers which resulted in major outrage all over the country.  Small businesses in Nigeria are still trying to adjust and move around these changes that have been imposed […]

July 7, 2020

N10b Investments To Reduce Petrol Importation & Create 1,500 Jobs

Nigerian Content Development and Monitoring Board (NCDMB), and some private investors may reduce unemployment in Nigeria by 1,500, and limit the importation of Premium Motor Spirit (PMS) also called petrol through a new investment worth N10 billion ($25 million). Given the poor state of the country’s existing refineries, the investment comes amid continuous reliance on […]

May 20, 2020

PPPRA clears marketers to import petrol

PRIVATE oil marketers have now joined forces with the Nigerian National Petroleum Corporation in the importation of petrol. On Tuesday in Abuja,  it was confirmed from the Petroleum Products Pricing Regulatory Agency who issued permits, that they had given several marketers the opportunity to start importing petrol alongside the NNPC. Before the descending oil sector […]