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Month: September 2024

Manufacturers express worry over impact of petrol price increase on economy

The director-general added that a decrease in purchasing power would lead to reduced demand for non-essential goods and services, affecting businesses across sectors. The Manufacturers Association of Nigeria (MAN) has expressed worry about the possible impacts of the increase in petrol prices on the Nigerian economy, particularly the manufacturing sector. The News Agency of Nigeria…

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Yoruba group seeks peaceful coexistence among ethnic groups in Lagos

He said that any action that could lead to ethnic bigotry and a war of attrition should be avoided among the Yoruba and Igbo traders in Lagos. The Yoruba Council Worldwide (YCW) has called for peaceful coexistence among ethnic groups in Lagos State. Specifically, the council enjoyed traders at the Ikeja Computer Market in Lagos…

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We’re crucial in refined products distribution – Depot owners reply Otedola

Iheanacho concluded that depots provide critical storage and distribution support not only for NNPC and Dangote but also for petroleum importers. Capt. Emmanuel Iheanacho, Chairman of Integrated Oil and Gas Ltd., emphasises the indispensable role of depot owners in Nigeria’s fuel supply chain, particularly in the context of the recent delivery of Dangote Premium Motor…

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Urban flooding looms as thunderstorms, rains set to hit Nigeria for 3 days

NiMet says a cloudy atmosphere is anticipated over the southern region with prospects of light rains over parts of Akwa Ibom and Cross River states during the morning hours. The Nigerian Meteorological Agency(NiMet) has predicted thundery and rainy weather conditions across the nation from Wednesday to Friday. NiMet’s weather outlook released on Tuesday in Abuja…

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Nigerian youths call for reintroduction of classic TV programmes

Olawale added that the moral lessons in such stories are about unity, as they also tend to foster love among pairs and families. Some Nigerian youths in Abuja on Wednesday called for the revival of classic TV programmes like Tales by Moonlight to combat moral decadence in society. The youths, who spoke in separate interviews…

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Binance executive rejected State House Clinic medical intervention – EFCC

Iheanacho insisted that NCoS had the capacity to take Gambaryan to any hospital in Nigeria, adding that surgeons cannot force surgery on the defendant without his consent. The EFCC on Wednesday told a Federal High Court in Abuja that the detained Binance Holdings Limited’s executive, Tigran Gambaryan, rejected the medical intervention by the State House…

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Suspected IPOB gunmen kill officer, set police station ablaze in Imo

Okoye said the command had deployed a special unit to the area to smoke out the perpetrators of the dastardly act. Gunmen launched an attack on the quiet Umulogho Community in Obowo Local Government Area of Imo, on Wednesday, killing a police operative and torching a section of a police station. The News Agency of…

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Abia transporters, commuters groan as fuel sells at ₦897 per litre

Chukwuma also said that the situation was adversely affecting his transport business, adding that he was making little or no gain. Transporters and commuters in Abia have expressed serious concern over the hike in the pump price of Premium Motor Spirit (PMS), otherwise called petrol. The News Agency of Nigeria (NAN) reports that the Nigeria…

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Niger Pension Board refutes allegations of gratuity underpayment to retirees

Namaska urged retirees to approach the board for clarification if they have any concerns, emphasising that the board remains committed to transparency and has nothing to hide. The Director-General of the Niger Pension Board, Alhaji Nasiru Namaska, has refuted claims of gratuity underpayment to retirees in the state. In an interview with the News Agency…

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Blue Line rail transported 2m Lagosians in 1 year without disruptions

Akinajo said that LAMATA remained dedicated to expanding its rail network and improving the overall transport experience. The Blue Line of the Lagos Rail Mass Transit has transported about two million passengers in the past year. Abimbola Akinajo, Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), made the disclosure in a statement signed by the…

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