Business News

Petroleum Marketers, and other Businesses Decry Attack By Hoodlums in A’Ibom community

  Petroleum Marketers, supermarket operators, and other business operators in Itak, Ikono Local Government Area of Akwa Ibom State have decried incessant cases of attack and vandalism by hoodlums. The businessmen have complained that since the return of hoodlums who were last year arrested from the area, businesses around Nnung Udoe Itak have once again […]

News Politics

Petrol tops N500/ltr as subsidy removal takes effect

  Nigeria’s petroleum industry regulators and operators have formally effected a subsidy withdrawal, sending retail prices up by about 170 per cent to N500 per litre from the official rate of N185 per litre. The new price template took effect yesterday, as the Federal Government’s meeting with the Nigeria Labour Congress, NLC, and Trade Union […]