Author Archives: Supernews - Page 632
Petrol imports rises by 100 million litres in 2021 January – NNPC
Latest figures in the financial and operations report of the Nigerian National Petroleum Corporation have shown that the imports of Premium Motor Spirit (or petrol) by the NNPC rose by…
$1.24bn spent on food imports despite FG’s forex ban
Food products imports gobbled up $ of the foreign exchange supplied by the Central Bank of Nigeria from October 2020 to March 2021 despite the ban directive from the President,…
Petrol price to increase as PEF hikes transporters margin
Nigerians should expect an increase in the pump price of Premium Motor Spirt (PMS), popularly called petrol anytime soon as the Petroleum Equalisation Fund(PEF), has concluded plans to increase petroleum…
African heads of states Paris summit on Covid, economic revival kicks off tomorrow
By Ngozi Onyeakusi---- African leaders, several European leaders and a dozen heads of international organizations will be recieved on Tuesday by French President Emmanuel Macron for a summit on the…
Ekiti targets one million tonnes in two years
By Ngozi Onyeakusi - --- The Ekiti State Government on Sunday said it intends to produce of over one million metrics tonnes of rice within the next couple of years.…
Do not use political powers to oppress people… Goodluck
Former President Goodluck Jonathan has urged leaders not to use temporary political office to punish people. He said he never believed in using temporal political office in punishing people. Speaking…
Free Zones Reform: Investors Threatens Divestment
Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority(NEPZA) to summon a…
CBN disburses over N83.9bn loans to drug manufacturers – Emefiele
In an effort geared towards building a robust healthcare infrastructure, the Central Bank of Nigeria (CBN) said it has so far disbursed over billion in loans to pharmaceutical companies and…
Salary cut: Labour dares FG
The Federal Government’s recent plan to slash workers’ salary as part of efforts to reduce cost of governance may not go without opposition from organised labour. Already, the Nigeria Labour…
Transcorp Hotels set to rake in 67.49% revenue growth in 2021
By Ngozi Onyeakusi--- Transcorp Hotels Plc expects its 2021 revenue to jump by per cent to N17bn as it recovers from the impact of the COVID-19 pandemic on the hospitality…
