•Fuel Scarcity The Independent Petroleum Marketers Association of Nigeria, IPMAN, said yesterday that the petrol scarcity currently spreading to more states across the country will take at least two weeks to normalise. This is even as the Nigerian National Petroleum Company Limited, NPCL insisted yesterday that it has adequate stock of the pro...
•Petrol scarcity Motorists in Lagos are currently contending with acute shortage of Premium Motor Spirit (PMS), popularly called petrol over what industry observers described as massive drop in import level. Their counterparts in Abuja and many parts of the north are currently agonising as they now sleep at filling stations to get the vital pr...
•Fuel scarcity Fuel scarcity is biting hard on Kaduna residents as motorists are forced to buy the product for as high as N1, 100 per liter from black marketers. Our correspondent reports that many passengers going to work and their business premises were stranded following the scarcity of fuel across the state and very few […]
Restiveness and killings in Anambra State and the Southeast geopolitical zone in general will deny women the opportunity of having spouses. The declaration was made in the report of the Anambra Truth, Justice and Peace Commission (ATJPC), the Executive Summary of which was made available in Awka, the state capital, yesterday, reports NAN. It n...
•Petrol scarcity Long queues resurfaced today, Monday, February 19, at Premium Motor Spirit (PMS) petrol stations in the Federal Capital Territory (FCT) as the Nigerian Association of Road Transport Owners (NARTO) halted tanker operations, citing unsustainable high costs. The association has notified the federal government and Major Energy Mar...
•El Al Israel Airlines Airline Operators of Nigeria, AON, has lamented what it termed existential threats, saying scarcity of Forex, skyrocketing price of Jet-A1, now N1,300 per litre and difficulty in acquiring aircraft due to country risk, among others, are some of the challenges faced by members. The operators, who called for urgent interve...
•Fuel Scarcity Marketers of Premium Motor Spirit (PMS) otherwise called petrol yesterday expressed concerns over supply shortage from Nigerian National Petroleum Company Limited (NNPCL) as fuel queue surfaced in Abuja. Stations in some parts of the city were shut down as motorists spent longer time to refill their tanks to avoid petrol scarcit...
Fresh developments in the financial sector have shown that despite the Central Bank of Nigeria, CBN’s move to ameliorate the cash crunch situation by suspending charges for cash withdrawals above regulatory limits, scarcity of currency notes in the banks nationwide has continued to hit harder, even after the Yuletide season. Findings revealed ...
•CBN Governor Yemi Cardoso If there was a troublous period that characterised 2023, and which most Nigerians will never forget in a hurry, it is unarguably that of the period when Naira scarcity prevailed wherein not a few bankable and non-bankable Nigerians experienced difficulties in carrying monetary transactions by each passing day so much...
The year 2023 has been a challenging year for the global economy as inflation, rising interest rates, tight labour markets and geopolitical shocks hit forecasts and caused uncertainties. Nigeria, the largest economy in Africa was not exempted from these challenges as the country’s financial sector witnessed some highs and lows in the year in r...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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