The Organised Private Sector of Nigeria (OPSN) on Sunday in Lagos called on the Federal Government to urgently make a pronouncement on the on-going controversy over VAT payment.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has suspended its strike and directed its members at Enugu depot to resume supply of petroleum products.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio (MPR) at 11.5 per cent

Lagos State Governor, Mr Babajide Sanwo-Olu, has given erring contractors handling parts of the LagosHoms, Sangotedo in Eti-Osa one week to improve the level of work or have their contracts terminated.

Mr Temitayo Orebajo, Director, Tax Policy and Advisory Department, Federal Inland Revenue Service (FIRS) says all Civil Society Organisations (CSOs) are expected to register for tax purposes and obtain Taxpayer Identification Number (TIN).

The National Bureau of Statistics (NBS) says average price per litre paid by consumers for household kerosene increased to N400.01 in August from N397.34 in July.

The Petroleum Products Pricing Regulatory Agency (PPPRA) says a total of 85,264.803 Metric Tonnes (MT) of Liquified Petroleum Gas (LPG), also known as cooking gas, was supplied nationwide in the month of August.

The Group Managing Director/Chief Executive Officer of SCOA Nigeria, Dr Massad Boulos , on Thursday commended Unity Bank and other banks for facilitating a credit facility of N15.5 billion to SCOA Nigeria and Julius Berger

The Naira on Thursday dipped further at the parallel market in Lagos against the dollar.

Trading activities on the nation’s bourse closed on a negative note on Thursday to halt two consecutive days of bullish sentiment.

The Department of Petroleum Resources (DPR), in Abuja, on Thursday sealed 11 illegal gas plants and two filling stations over sharp practices.

Dr Oluleye Adigun, a US-based Nigerian, says he will soon introduce electric and solar-powered cars into the Nigeria and Africa markets to boost revenue drive and create job opportunities for youths.