The Naira on Friday depreciated further at the parallel market as dollar scarcity worsened, the News Agency of Nigeria (NAN) reports. (more…)
Fuel Crisis Looms as Higher Oil Price Forces Marketers Off Import, Buhari Reintroduces Subsidy Via Backdoor
THE foreign exchange scarcity and recent appreciation of the price of crude oil in the international market are threatening smooth supply of petrol in the country, Daily Trust has gathered.
Daily Trust gathered that for over three months now marketers have not been importing the product into the country due to the tricky nature of the situation. (more…)
See List Of Firms Approved By NNPC To Lift Nigerian Crude For 2017/18
The Nigerian National Petroleum Corporation on Wednesday released names of 39 bidders for the sale and purchase of Nigerian crude for 2017/2018.
Announcing the results on its Website, the Group General Manager, Crude Oil Marketing Division NNPC, Mr. Mele Kyari, said the contract would run for one year effective from Jan. 1 for consecutive 12 circles of crude oil allocation.
The list comprises 39 winners with 18 Nigerian companies, 11 International Traders, five foreign refineries, three National Oil Companies and two NNPC trading arms. (more…)
JUST IN!!! MMM Releases 2017 Rules Ahead Jan. 14
As it may probably unfreeze accounts of its users on January 14, Mavrodi Mondial Movement (MMM) ponzi scheme has released 2017 guidelines for the Nigerian participants.
According to Nigerian Bulletin, MMM programmers are working earnestly with a new model which will be announced and implemented at a later date. (more…)
Man Beats Wife to Coma for Investing Children’s School Fees In MMM
According to Pulse Nigeria, a 45-year-old man identified as Mark Friday, has been arrested in Calabar, the Cross River State, for allegedly beating his wife to a coma for allegedly using the money meant for their children’s school fees to invest in the MMM Ponzi scheme. (more…)
‘Stop Investing In MMM’ – CBN Warns Nigerians Again
The Central Bank of Nigeria (CBN) has once again cautioned the citizenry against investing in the ponzi scheme, Mavrodi Mundial Moneybox (MMM).
The scheme operators stopped the accounts of its investors in Nigeria few days ago.CBN Director of Development Finance Dr. Mudashiru Olaitan gave the warning at a business leaders’ conference with the theme: “Prospering in a recession”, organised by EZ37 Solutions in Ibadan. (more…)
Women Pose Uncl@d To Protest Facebook Rules (See Photos) I8+
Photographer Trina Cary, who posts nude pictures of herself regularly on facebook is fed up of being told that her Unclad body is unacceptable.
She said she was fed up of seeing videos of Unclad men, sexual and suggestive images, and violent pictures shared on Facebook without any issue, while her artwork was banned. (more…)
JUST IN!!! MMM Participant Slumps, Dies in Bank
According to BusinessPostNigeria, at least one person was feared dead while several others were wounded in a stampede at various banks in Warri, Delta State, after the promoters of the popular Mavrodi Mundial Moneybox (MMM) suspended the accounts of about 3.3 million Nigerian participants. (more…)
BREAKING NEWS!!! Senate Okays Data Price Hike
The Nigerian Communications Commission (NCC) has acted in national interest on the issue of data price increase, the Senate Committee on Communications has said.
The Committee, which visited the NCC headquarters in Abuja on Tuesday as part of it oversight functions, said Nigerians should see the commission as being on their side on the issue of data price increase. (more…)