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Dangote Refinery Reduces Price Of Petrol By ₦75 0
- BUSINESS, SLIDE
- June 16, 2026
The Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦75 per litre, offering potential relief to fuel marketers and consumers across Nigeria. The adjustment was disclosed in a circular issued to marketers on Monday, with the refinery attributing the decision to the
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NNPC To Retire Over 70% Staff, Eyes Younger Workforce 0
- BUSINESS, SLIDE
- June 15, 2026
The Nigerian National Petroleum Company (NNPC) Limited has begun implementing an early retirement programme aimed at restructuring its workforce, enhancing operational efficiency, and creating opportunities for younger professionals within the organisation. The initiative, introduced under the Accelerated Exit Scheme (AES) and the Voluntary Exit Scheme (VES), forms part of the company’s broader transformation agenda following
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FAAC Funds Have Stopped Governors From Taking Bank Loans For Projects — Presidency 0
- BUSINESS, SLIDE
- June 15, 2026
The Presidency has stated that higher allocations from the Federation Account Allocation Committee (FAAC) are enabling state governments to execute major development projects without relying heavily on bank loans. Presidential aides made the remarks during an inspection tour of federal and state projects across the South-East region, highlighting what they described as the positive impact
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VMO Aero Clarifies Circumstances Of Aircraft Occurrence Near Asaba Airport 0
- BUSINESS, SLIDE
- June 13, 2026
VMO Aero has provided further clarification regarding an aviation occurrence involving one of its aircraft during a scheduled flight from Lagos to Asaba on June 10, 2026, emphasizing that safety protocols were followed and no injuries or property damage were recorded. In a statement signed by the company’s Accountable Manager, Oluwaseun Ayodeji, VMO Aero explained
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Labour Picks Date To Start Re-negotiation Of New National Minimum Wage 0
- BUSINESS, SLIDE
- June 9, 2026
Organised labour in Nigeria has announced plans to begin negotiations for a new national minimum wage in July 2026, citing worsening economic conditions and the declining value of the current ₦70,000 benchmark. The position was jointly stated by the Nigeria Labour Congress and the Trade Union Congress during a press briefing on the sidelines
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Finance Ministry Approves Payment For Over 1,240 Contractors In Debt Clearance Drive 0
- BUSINESS, SLIDE
- June 8, 2026
The Federal Ministry of Finance has approved the settlement of outstanding payments owed to more than 1,240 contractors working across various Ministries, Departments, and Agencies (MDAs), with priority given to verified claims below ₦100 million. According to a statement issued on Monday by Mary-Ann Duke, Senior Special Assistant on Communication and Press Secretary to
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