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 […]

Business News

NNPC resumes oil drilling in Borno

  The Nigerian National Petroleum Company Ltd has resumed an oil drilling campaign at the Wadi-B located in Jere Local Government Area of Borno State. The NNPC resumed drilling after it stopped drilling in Wadi-B in 1995 because back then successes were weak and findings made during the period were not in commercial quantity, it […]

Business News Politics

Buhari, Outgoing Governors share N655bn as final FAAC allocation

  President Muhammadu Buhari and all outgoing governors yesterday, received their final Federation Account allocations of N655. 932 billion This was contained in the communique issued at the end of the Federation Account Allocation Committee (FAAC). TheHILL observed that the figure represents a decrease of N58.7bn compared to the N714.63bn shared in March 2023. The […]