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The minister of state for petroleum resources, Chief Timipre Sylva, has tasked the board of the Petroleum Products Pricing Regulatory Agency (PPPRA) on enforcement of deregulation when the Petroleum Industry Bill (PIB) becomes law. Sylva gave the charge while inuagurating the Board Chairman of the Agency, Mr Obinna Atuonwu, in ...

Guinness Nigeria Plc has pledged improved collaboration with the Advertising Practitioners Council of Nigeria (APCON). The move is in furtherance of its commitment to developing the advertising ecosystem, adherence to regulatory framework and compliance with APCON laws. The marketing director of Guinness Nigeria Plc, Mrs. Adenike Adesola, who recently led ...

The Major Oil Marketers Association of Nigeria (MOMAN) has asserted that the passage of the Petroleum Industry Bill (PIB) will inevitably bring about full deregulation of the Premium Motor Spirit (PMS) in the country. The association also challenged the federal government to create an environment that would make investors in ...

The Lagos Chamber of Commerce and Industry (LCCI) has stated that Nigeria’s actual output performance is significantly below its potential output level. The chamber stated this in its quarterly report on the state of the economy. The president of LCCI, Mrs. Toki Mabogunje, said: “Juxtaposing current growth level with population ...

The Vice Chancellor of Higher Institute For professional Development And Training (HIPDET) University British American business schools, Professor Paul Goodwin has urged Nigerians not to hide under umbrella of religion to destroy the country. The vice chancellor gave the advice, during the order of proceedings for 2021 matriculation, honorary doctorate ...

Determined to ease perennial traffic gridlock that has made its roads a nightmare to motorists in the metropolis, Lagos State government on Wednesday introduced Traffic Management Solution,TMS, in the state, saying it will help to address controversial issues surrounding operations of law enforcement personnel as well as putting alleged traffic ...

Following the amendment of the Lagos State Mortgage and Property Law, Lagos State government has assured financial institutions including banks of good returns on their investments in Mortgages in the state. The Special Adviser to the Lagos State Governor on Housing, Mrs Toke Benson-Awoyinka gave the assurance during a roundtable ...

A Lagos State High Court has restrained former president and member, Board of Trustees of the Balogun Business Association (BBA), Chief Okey Ezeibe, from forcefully taking over the secretariat, assets, funds and properties of the group. Others affected by the restraining order are Chief Alex Obi Odunukwe, Chief Ifeanyi Okwuma, ...

President Recep Tayyip Erdoğan on July 8 said Turkey’s economy was under attack, stating that the motives behind such attacks were the same as that of the July 15, 2016, failed coup attempt and Gezi protests.

Turkish business circles are seeking to rebuild the Port of Beirut port that was destroyed by a massive explosion last August, said the chairman of Turkey-Lebanon Council of the Foreign Economic Relations Board of Turkey (DEİK) on July 7.