Author: Julius Alagbe

IPMAN Frowns at Incessant Tariff Hike on Petroleum Products The Independent Petroleum Marketers Association of Nigeria (lPMAN) says incessant increases in tariffs on petroleum products by the Nigerian Midstream and Downstream Petroleum Regulatory (NMDPRA) might adversely hinder the success of oil subsidy removal. Alhaji Debo Ahmed, National President, IPMAN observed in a statement he issued to newsmen on Tuesday in Lagos. Ahmed said the increase could also adversely affect the overall business environment of the downstream sector. He said the arbitrary and excessive nature of the increment not only discourages potential investors but create barriers for fresh investors to enter…

The stock market price of Dangote Cement Plc’s (Ticker: DANGCEM) share climbed further on Tuesday

Cameroon launched the world’s first routine vaccine programme against malaria on Monday. It is one of 20 African countries planning to introduce the drug this year, according to global vaccine alliance Gavi.

The Federal Government says it is ready to launch the Nigerian Education Loans Fund for students in tertiary institutions.

Federal High Court, Abuja, on Monday, set aside the Rivers’ N800 billion budget passed by five members of the house led by the Edison Ehie-led faction.

Geregu Power Plc is one of the top stocks that has continued to rise in the stock market …

Odu’a Investment Plans to List on Nigerian Exchange Odu’a Investment Company Ltd. (OICL) on Friday began discussions with the Nigerian Exchange Ltd.(NGX) to be listed and raise capital from investors. Otunba Bimbo Ashiru, Group Chairman of the company, said this at the closing gong ceremony by the firm at the NGX in Lagos. Ashiru said the move would not only strengthen the company’s financial position but also provide opportunities for investors to participate in its growth. He also said that many dealing investors would be willing to partner with the company without hesitation, due to its diversified investment portfolio. He…

The National Drug Law Enforcement Agency (NDLEA) has seized 5, 653,000 pills of tramadol 250mg and exol-5

Gov. Otti Inaugurates Abia Global Economic Advisory Council Gov. Alex Otti of Abia has inaugurated the Abia Global Economic Advisory Council, with a charge to evolve initiatives that are focused on identifying, capitalising and showcasing the state’s area of comparative advantage. Speaking on Thursday during the event at the Government House, Umuahia, Otti said that the calibre of individuals that make up the council speaks to the state’s vision. The Governor added that this development had sent a strong signal to potential investors that “Abia is poised to become the next big thing”. Otti said that the government was desirous…

Lassa Fever: NCDC Activates Emergency Operations The Nigeria Centre for Disease Control and Prevention (NCDC) has activated its emergency operation centres in response to a surge in Lassa fever cases. The centre’s Director-General, Dr Ifedayo Adetifa, in a statement on Thursday, revealed an escalation in confirmed cases, fatalities, and geographic spread of the disease from 2023 to 2024. He stated that “the latest situation report shows that total confirmed cases increased from 29 in 2023 to 53 in 2024. “The case fatality rate range covering six states in 2023 and nine states in 2024, is now in 25 local government…