Briga News Nigeria President Asiwaju Bola Ahmed Tinubu Thursday in Paris – France said ongoing reforms, starting with removal of fuel subsidy and streamlining of exchange rate, will be sustained for a more competitive economy that attracts Foreign Direct Investment (FDI), urging investors to take advantage of opportunities in Nigeria. “We are ready for business,…
Briga News Nigeria Immediate past Governor of Delta State, Senator Dr Ifeanyi Okowa on Friday said the Delta State Oil Producing Areas Development Commission, (DESOPADEC) got a total of N208 billion in the eight years of his administration. Speaking on the “Morning Show” on Arise Television, the immediate past State Commissioner for Information, Mr Charles…
Briga News Nigeria The Nigerian government on Tuesday issued a license to Belema Sweet Export Terminal Ltd, a subsidiary of BelemaOil producing Ltd, owned by Rivers Born oil tycoon, Tein Jack-Rich, to establish a crude export terminal. The Nigerian Mainstream and Downstream Petroleum Regulatory Authority (NMDPRA) awarded the license to, Tein Jack-Rich, during a ceremony…
Briga News Nigeria PPresident of the Federal Republic of Nigeria, Asiwaju Ahmed Tinubu has suspend the Governor of the Central Bank of Nigeria, CBN, the suspension is with immediate effect and he is to Handover with Immediately. The statement reads…. President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from…
Briga News Nigeria Innoson Vehicle Manufacturing has mass-produced varieties of Compressed Natural Gas (CNG) Buses, a suitable alternative for Nigerians amidst the rising price of petrol and diesel. The Showcase of the CNG vehicles took place at the IVM factory, Nnewi on Tuesday, 6th June. The vehicles range from trucks, mini-buses, ambulances, long buses, SUVs,…
Briga News Nigeria In the wake of fuel subsidy removal by the Federal Government, fuel prices have increased astronomically leading to rise in prices of goods and services and overall cost of living. The Edo State Government shares the pains of our people and wants to assure everyone that we are standing with them in…
Briga News Nigeria Vice-President Kashim Shettima says payment of petrol subsidy will get “rid” of the country if it is not removed. Speaking with journalists on his first day in office on Tuesday, Shettima said the administration of President Bola Tinubu would “frontally address” the issue of petrol subsidy. The vice-president said there would be…
Briga News Nigeria Governor Sheriff Oborevwori of Delta State has cautioned fuel marketers in the state against hoarding of Petroleum products especially Premium Motor Spirit (PMS). Chief Press Secretary to the Governor, Mr Festus Ahon in a statement on Tuesday in Asaba quoted Governor Oborevwori as saying that the state government would not tolerate acts…
Briga News Nigeria The Central Bank of Nigeria, CBN, has withdraw license of 132 Microfinance banks operating in Nigeria as a result of their inability to meet up with CBN directives. With the withdrawal of their license, they can no longer operate as financial institutions in the country. Below are the list of Banks: 1….
Briga News Nigeria The President of the Rivers Entrepreneur and Investors’ Forum, Ibifiri Bobmanuel, has revealed that the actions of the Rivers State Government and some local governments in the state were the reasons the Dangote Petroleum Refinery was moved from Rivers State to Lagos State. Bobmanuel, in an interview with DAILY POST said the…