Fuel scarcity: Petrol now sold for N185/litre in Lagos, Ogun States ... as commercial buses hike prices by over 100% Lagos fuel crisis escalates to all parts of the state, scarcity caused by contaminated product Fuel scarcity has worsened across Lagos, Ogun States, as filling stations now sell Premium Motor Spirit (PMS), popularly known as petrol, at N185 per litre or more. This was confirmed by Nairametrics from several motorists that spoke with our analysts. According to them, aside from the new illegal pump price, they had to tip the fuel a…
Access Bank To Dazzle Customers In South-South, South-East With Millions In Its DiamondXtra Promo Nigeria’s leading financial institution, Access Bank is set to reward its customers in the South-South and South-East region with millions of Naira and other exciting prizes in the DiamondXtra regional draw. The Live draws have been scheduled to hold on Wednesday June 29, 2022, in Owerri, Imo State which will feature mouthwatering cash prizes of N1million, Business grant worth N1million, Rent for a year worth N1million, Educational grant of N5…
Fidelity Bank Renovates Classroom Blocks, Commissions ATM Gallery In Zaria to Drive Financial Inclusion Leading financial institution, Fidelity Bank Plc, recently commissioned the newly renovated Madrasatul Anwarul Islam school in Zaria, Kaduna State as part of its Corporate Social Responsibility (CSR) initiatives targeted across Nigeria. Established over five decades ago by the emir’s father, late Maga in garin Zazzau, Alhaji Nuhu Bamalli, Madrasatul Anwarul Islam is the alma mater of the current Emir of Zazzau and has produced several …
Nestlé Nigeria – 22 years of Grassroots Sports Development Wassim 1 – Wassim El-Husseini, MD/CEO Nestlé Nigeria PLC. Nestlé has announced the 2022 finals of MILO Secondary Schools’ Basketball Championship at a press conference. The draws to determine the pattern of play at the finals were also held during the event. Twelve teams will play in the finals: six each in the male and female categories. The finalists include Government Secondary School, Numan, Adamawa State; Akpur College, Gboko, Benue State; St. Jude’s Girls Secondary School, Amar…
FIRSTBANK PARTNERS WITH ELOY FOUNDATION TO PROMOTE THE SUSTAINABILITY OF FEMALE OWNED SMALL BUSINESSES In furtherance of the need to empower female business owners across the country, The ELOY Foundation, in partnership with FirstBank presents the ELOY Foundation Business Shower, created to support female entrepreneurs on their journey to building sustainable businesses. The support from FirstBank will be carried out through the FirstGem loan scheme designed for female-owned or partnered MSMEs and its SMEConnect initiative. The partnership foc…
Forces against manufacturing The aggregate Manufacturers CEO’s Confidence Index (MCCI) score stood at 53.9 points in Q1 2022, indicating a decline of 1.5 points from 55.4 points recorded in Q4 2021. Although the slight decline in the index still confirmed the sector’s sustained confidence in the economy, it was indication that the sector was still under severe pressure, and its performance below the desired threshold. Assistant Editor CHIKODI OKEREOCHA looks at forces that constrained the sector’s performance in the period under review, …
ISWAP theory and Owo massacre The linking by the National Security Council of Islamic State’s West African Province, ISWAP, to the massacre at St Francis Catholic Church Owo, Ondo State threw up more puzzles than it is intended to resolve. Minister of Interior, Rauf Aregbesola who made public the position of the federal government, created room for initial doubt when he said security agencies have been directed to apprehend the perpetrators. What this meant is that no arrest had been made as at the time the minister spoke. Yet, the gover…
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