Tag: increase

UAE’s Passengers Restriction Policy Will Increase Price Of Air Tickets For Nigerians-Onyema

Air Peace Chief Executive Officer, Allen Onyema, has said that Nigerians intending to travel to the United Arab Emirates should expect to pay very high air travel fares due to…

Regional mineral projects to increase sector’s contribution to GDP – Adegbite

From Charity Nwakaudu, Abuja The Minister of Mines and Steel Development, Olamilekan Adegbite, has assured Nigerians that the creation of regional mineral projects in the country’s six geopolitical zones would…

‘We Can’t Continue To Bear Subsidy Burden’ — NNPC GMD Hints Increase In Petrol Price

NNPC boss, Mele Kyari General Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has expressed that the company cannot continue to bear the subsidy burden. He…

Agitations for new wage: FG now to march salary increase with productivity

From Isaac Anumihe, Abuja Following the various agitations for salary increase by the  public sector,  Federal Government yesterday, said that it would now begin to  march increases in salaries  with…

No increase in fuel price – FG

The Federal Government has assured the tripartite labour community of the organised labour, organised private sector and indeed all Nigerians that there is currently no increase in the price of…

UPDATED: PPPRA deletes petrol increase template from website

By John Ofikhenua, Abuja The Petroleum Products Pricing Agency (PPPRA) on Friday removed its latest Premium Motor Spirit (PMS) petrol pricing template of N212.61 per litre from its website. This…

◊ You Have No Reason To Increase Fuel Price, NNPC Tells Oil Marketers

…We Will Be Out of Business Without Price Increase- Marketers Following the adjustments in fuel price within the last few days by some retail outlets, the Nigerian National Petroleum Corporation…

Minister hints at likely petrol price increase

By Frank Ikpefan, Abuja The Federal Government on Tuesday hinted at likely hike in the pump price of petrol. Minister of State for Petroleum Resources Timipre Sylva urged Nigerians to…

● Covid-19 induced losses increase acquisition risk for Hotels

The covid-19 pandemic has decimated the market value of hotels in Nigeria priming them up as a target for private equity firms looking to acquire big hospitality assets on the…

● Fidson Healthcare Plc records 202% increase in 2020 FY pre-tax profit

Sterling Bank Plc has reported a Profit Before Tax determine of N4.58 billion for the fourth quarter of 2020 (This fall, 2020), in comparison with N3.02 billion recorded This fall…

● Total Nigeria Plc records 0.7% increase in 2020 FY pre-tax profits

Chemical Allied Product Plc (CAP) in its 2020 unaudited monetary assertion has declared that the firm made a revenue after tax of N361.6 million in the fourth quarter of 2020….

Mauritius records slight increase in unemployment rate

Statistics Mauritius on Thursday said that the unemployment rate in the Island-nation increased from 10.3 per cent in July to 10.9 per cent in September 2020. In its latest bulletin,…

Gov. Cuomo inks automatic voter registration bill to increase election turnouts

Gov. Andrew Cuomo inked legislation Tuesday that will give New Yorkers the option to automatically apply to become voters when they fill out forms for other services, a reform long…

OPEC to extend manufacturing

  Our Reporter WHILE the most recent Petroleum Status Report tilted firmly into positive territory, the crude market has taken a cautious stance despite the bullish inventory report. In the…

Gov. Cuomo transferring forward with minimal wage enhance amid COVID recession

The Cuomo administration is moving ahead with a planned increase in the minimum wage in the suburbs and upstate despite the pandemic-fuel recession that has ravaged small businesses in New…