Oil Marketers Dispute NNPC’s Logistic Challenges Amidst Nationwide Fuel Scarcity
The fuel scarcity gripping Nigeria has escalated as oil marketers dispute the Nigerian National Petroleum Company Limited’s (NNPCL) claims of logistic challenges responsible for the low supply of petroleum products across the nation. Fresh petrol scarcity reemerged last Wednesday and has since worsened, sending prices soaring in Lagos and other parts of the country. Before […]
President Xi Jinping Drives Changes in China’s Tech Industry
New regulations tightening Chinese government oversight on the country’s internet companies have been implemented today, sparking concerns about their enforcement. Under the updated State Secrets Law, firms like Tencent, ByteDance, and Weibo are mandated to take action if users post sensitive content. This includes monitoring user-shared information, removing posts as per guidelines, and maintaining records […]
IPMAN Threatens to Halt Fuel Supply Over Unpaid ₦200bn Bridging Claims
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a stern warning, threatening to disrupt the supply of Premium Motor Spirit (PMS), commonly known as petrol, due to the non-payment of ₦200 billion bridging claims by the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA). The announcement follows the nationwide scarcity of petrol, which […]
Consumer Tribunal Restrains Multi-choice from Tariff Increase Pending Hearing
The Competition and Consumer Protection Tribunal (CCPT) convened in Abuja has issued a restraining order against Multi-choice Nigeria Limited, preventing the company from implementing its planned tariff and price increases scheduled to commence on May 1. The tribunal’s decision, delivered on Monday by Saratu Shafii, comes in response to an ex-parte motion brought before it […]
Fuel Scarcity Grips Sokoto State, Residents Decry Hardship
Residents of Sokoto State have been grappling with the devastating effects of fuel scarcity, which has inflicted untold hardship across all parts of the state. The scarcity has severely impacted businesses and daily activities, leaving commuters and residents distressed. Commuters lamented the closure of most filling stations, citing purported product shortages as the reason behind […]
MTA Chair Reveals Start Date for NYC Congestion Pricing Plan
New York City’s highly debated congestion pricing initiative has now been given an official start date. MTA Chair and CEO Janno Lieber made the announcement on Friday, revealing that the plan will commence for New Yorkers on the early hours of Sunday, June 30, at precisely 12:00:01 a.m. Expressing his enthusiasm, Lieber remarked, “I am […]
FG: NCAA To Audit All Local Airlines
The Federal Government says the Nigerian Civil Aviation Authority (NCAA) will carry out a comprehensive audit of all local airlines in the country following the suspension of Dana Airlines after one of the airlines’ planes skidded off the runway at Lagos airport. Festus Keyamo, The Minister of Aviation and Aerospace Development, yesterday, on the television […]
FCCPC Grills Owners of Chinese Supermarket in Abuja Over Discriminatory Practices
Operatives of the Federal Competition and Consumer Protection Commission (FCCPC) in Abuja conducted an investigation into allegations of discriminatory practices against Nigerians at a Chinese supermarket on Wednesday. The FCCPC summoned the owners of the supermarket following the closure of the facility on Monday over allegations of discrimination. In a post on X (formerly Twitter), […]
Multichoice Announces Price Hike on DSTV, GOtv Packages Starting May 1
Multichoice, one of the leading satellite television service providers in Sub-Saharan Africa, has informed its customers of an impending increase in prices for both DSTV and GOtv packages. The announcement, titled ‘Price Adjustment on DStv and GOtv Packages,’ was made by the company’s Chief Executive Officer, John Ugbe, in a statement issued to customers on […]
Binance Ban: EFCC Freezes 300 Crypto Accounts
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the agency has taken decisive action to safeguard the stability of the foreign exchange market by freezing approximately 300 accounts. Olukoyede made this disclosure on Tuesday while addressing journalists at the EFCC Headquarters. According to Olukoyede, the EFCC has uncovered […]
