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Sun, Apr

As part of efforts toward ending the persistent fuel scarcity in some parts of the country, the Department of Petroleum Resources (DPR) has sealed six fuel stations in Cross River state over alleged diversion of petroleum product and hike in price. The Operations Controller in the state, Bassey Nkanga while speaking with Vanguard said the stations were all sealed within the last one week.

The Federal Government on Thursday ordered the Nigerian National Petroleum Corporation (NNPC) to end fuel scarcity in the country before the end of this weekend. The Minister of State for Petroleum Resources, Ibe Kachikwu stated this while addressing newsmen on the Nigerian International Petroleum Summit, NIPS, scheduled to hold between February 18 and 22, 2018. He said the government was concerned about the prevailing situation in the sector and was working towards addressing same.

The Flour Mills of Nigeria Plc has emerged best company in the maiden edition of Dividend Payment Awards organized by Third Observers Nigeria Limited in Lagos. The company was given the Gold Award for regular payment of dividends to its shareholders spanning 36 years.

RwandAir, the national carrier of Rwanda, is set to expand its wings to Abuja in Nigeria and Cape Town in South Africa. According to airline officials, RwandAir will operate four weekly flights from Kigali to Cape Town with a stopover in Harare, Zimbabwe. However, the officials did not give timeframe during which they intend to start flying to the new destinations, but hastened to add that this will not take long.

An operative of the Nigeria Customs Service (NCS), Ogun State Area Command, Muhammed Maigari, was over the weekend brutally macheted by some armed smugglers at Ibeji River, around Idogo-Ifoyintedo axis in Ipokia Local Government Area of the state. The command public relations officer, Abdullahi Maiwada, who confirmed the incident to newsmen in the state, said the victim was on patrol with his colleagues when the incident took place.

The Federal Government has said Ministries, Department and Agencies have been directed to generate N886 billion as Independent Revenue per annum in 2018. The Acting Chairman, Fiscal Responsibility Commission (FRC), Victor Muruako stated this on Tuesday in Abuja at a stakeholders’ dialogue session with the management of the Federal Radio Corporation of Nigeria (FRCN), led by its Director General, Malam Mansur Liman.

Officials of Nigerian Civil Aviation Authority (NCAA) and those of Airpeace are trading words over an alleged burglary incident on the cargo compartment of an Abuja-bound Airpeace Aircraft 18R at the Lagos airport. The Spokesman for NCAA, Mr. Sam Adurogboye, in a statement yesterday issued on Sunday faulted the pilot’s allegation of burglars attempting to burgle his aircraft cargo compartment,

The Nigerian Ports Authority (NPA) has given a 24-hour ultimatum to officials of Standard Organization of Nigeria (SON), National Agency for Food and Drug Administration and Control (NAFDAC) as well as other unauthorised government agencies to vacate the seaports or risk being arrested.

The Management of Joint Admission and Matriculation Board (JAMB) on Sunday said it has suspended one of its staffs, Philomina Chieshe, on account of N36m which was reported to have been swallowed by a snake in the board’s office in Makurdi, Benue State. The Board's Head of Information, Fabian Benjamin, stated this on Sunday in a chat with Punch. He disclosed that the board was taking her through other disciplinary measures while security agencies were investigating the matter.

MultiChoice has released a statement concerning reports that DSTV and GOtv will shut down in 2019. The company said it is doing all to ensure its operating licences are renewed by the broadcasting agency in Nigeria. According to earlier reports, the operations of DSTV and GOtv would come to an end in 2019 as their license which expires in June 2019 would not be renewed.

Nigerian equities dropped further for the fifth consecutive day on the Nigerian Stock Exchange (NSE) with the market indicators dropping by 0.46 per cent. The All-Share Index shed 198.97 points or 0.46 per cent to close at 43,127.92 as against 43,326.89 recorded on Thursday. The market capitalisation lost N74 billion or 0.46 per cent to close at N15.476 trillion compared to N15.548 trillion recorded on Thursday.

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