Friday, September 20, 2019

Tag "deregulation"

    Eterna: Why we’re expanding as oil majors sell downstream arm

Eterna: Why we’re expanding as oil majors sell downstream arm

Mahmud Tukur, managing director, Eterna Plc, says the company is expanding its downstream operations despite Nigeria's "challenging operating environment".Tukur was speaking during a press briefing to mark the company’s 30-year anniversary in Lagos on Tuesday.In the last three years, international oil companies (IOCs) and independent operators in Nigeria's oil industry have divested their assets either party or fully, but [...]

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    Bakare to Buhari: We can shut this government down

Bakare to Buhari: We can shut this government down

Tunde Bakare, pastor of the Latter Rain Assembly, says Nigerians can shut down the government as a result of herdsmen killings in recent times. Bakare spoke on the sidelines of “the real cost of subsidy”, an event organised by Enough is Enough, a coalition of youth advocacy groups. He said the order by the inspector general of police for vigilante groups and weapon-bearing individuals to surrender "illegal [...]

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    Total deregulation may be inevitable, says Abubakar Umar

Total deregulation may be inevitable, says Abubakar Umar

Abubakar Umar, chairman of the Movement for Unity and Progress (MUP), has commended the federal government for its decision to liberalise the price of petrol.In a statement personally signed by him, Umar said the deregulation of the down stream oil and gas sector was inevitable.He advised the current administration to provide palliatives that would not allow new price regime create hardship for [...]

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    No plans to increase fuel price ‘for now’

No plans to increase fuel price ‘for now’

The federal government has no plans to raise the pump price of petrol now, President Goodluck  Jonthan said on Sunday."I have no plans to change the pump price now," the president said on presidential media chat broadcast live on TV and radio."I will not change pump price through the backdoor," he said in answer to an observation that some marketers [...]

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Exchange Rates

September 16, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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