Business

The new Management of Salala Rubber Corporation in Weala, Margibi County, discloses the plan to resume operation following closure in June. By Ramsey N. Singbeh, Jr., in Margibi Margibi, Liberia, Sept. 16, 2024: Mr. Jetty (Upjit Singh Sachdeva), owner and operator of Jetty Rubber LLC in Weala, Margibi County, recently acquired the Salala Rubber Corporation or SRC in the same …

The National Association of Aircraft Pilots and Engineers (NAAPE) has postponed a protest planned for Wednesday. Workers on September 12 announced plans for a strike following the Federal Government’s 50% cut in internally generated revenue (IGR) from airlines. NAAPE is the parent body of unions in the aviation sector. The association comprises members of the National Union of Air Transport …

The National Bureau of Statistics (NBS) said on Monday that the country’s unemployment rate fell to 32.15% in August. This figure is lower than 33.40% in July. According to the Consumer Price Index (CPI) report released by the Bureau, food inflation reached 37.52% in the same month. NBS said: “Looking at the movement, the headline inflation rate in August 2024 …

The Nigerian National Petroleum Corporation (NNPCL) has released another version of its estimated price of petrol purchased from the Dangote Refinery. The second version comes just hours after NNPC released the initial version and contains several adjustments. While the estimated pettol price data remains the same, the analysis of the state-owned oil company’s transactions with the Dangote Refinery has changed. …

The deliberate holding back on imports of rice, thereby creating an artificial shortage of the commodity on the local market to force the government to yield to the demand for price increases, has been the strategic move of rice importers. Tuesday, September 17, 2024/Rice importers here appear to be playing games with the Liberian Government over the nation’s staple in …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed concern over the decision of the Nigerian National Petroleum Corporation (NNPCL) to sell petrol sourced from the Dangote Refinery at a higher price than imported petrol. Speaking on Channels Television’s The Morning Brief breakfast programme on Monday, IPMAN National Welfare Officer, John Kekeocha, questioned the logic behind the price difference. …

The National Bureau of Statistics (NBS) said on Monday that the country’s unemployment rate fell to 32.15% in August. This figure is lower than 33.40% in July. According to the Consumer Price Index (CPI) report released by the Bureau, food inflation reached 37.52% in the same month. NBS said: “Looking at the movement, the headline inflation rate in August 2024 …

The National Bureau of Statistics (NBS) said on Monday that the country’s unemployment rate fell to 32.15% in August. This figure is lower than 33.40% in July. Details later… LATEST Post: Nigeria inflation drops to 32.15% first appeared on Latest Nigeria News | Top Stories from Ripples Nigeria.

The Coalition of United Political Parties (CUPP) has slammed the Dangote Refinery over the high cost of Premium Motor Spirit (PMS) popularly known as petrol. Nigerians were hoping for cheaper petrol prices from the Dangote Refinery, but their hopes were dashed after the release of a price template by the Nigerian National Petroleum Corporation (NNPCL) on Monday. Under the template, …

Investors in the Nigerian equity market were smiling with joy last week following strong performances on the Nigerian Exchange Group (NGX) floor by stocks such as Caverton, RT Briscoe, UPDC and First Bank Holdings (FBNH) among others. The exchange recorded gains in three of the five trading days last week while market capitalization jumped by N607.5 billion to N56 trillion …