Business Hilights

Tracking Nigeria's Headline Business News Online

IPMAN

Arik Air begins ‘Fly to Vote Promo’, IPMAN cuts pump price to ease fares

First positive angle of the postponed presidential and national assembly election has emerged from the nation’s transportation industry as Arik Air has slashed air fares for any Nigerian with valid PVC travelling to vote anywhere in the country from Monday,…

It is now clear that NNPC cannot resolve the endless fuel scarcity—NASS

Whereas experts and ordinary people on the streets in Nigeria have come to the conclusion that the multiple endless solutions to end fuel scarcity are not working, the House of Representatives has come up with its own solution. The House…

Online payment, allocations of petroleum products’ll reduce crisis, traffic gridlocks

Leading analysts petroleum products marketing and distribution, Ademoroti Emmanuel, has called for change from depot payments and allocation to online payment of loading and dispatch of petroleum products. The idea according to him will among other things free the Apapa…

Goodnews as IPMAN suspends planned strike

The leadership of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced the suspension of a scheduled nationwide strike following a successful negotiation with the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC,) Dr. Maikanti Baru in…

NNPC dumps Lagos, 3 other depots after repairs, continues sales to private depot owners

Going by the recent rehabilitation of Lagos, Mosimi, Ibadan and Ilorin petroleum products depots at a huge cost on government, indication has emerged that the Nigerian national Petroleum Corporation (NNPC) has dumped the facilities only to consolidate supplies to private…