Stocks such as Dangote Cement Plc, Guaranty Trust Bank Plc and UBA Group Plc have continued to experience huge loss as the Nigerian Stock Exchange (NSE) refuses to pick up speed. The stocks have declined ...
Ecobank Transnational Incorporated (“ETI”) announces that IFC and the funds managed by the IFC Asset Management Company (“AMC”) have completed the sale of their c.14.1 percent stake in ETI to Arise B.V. (“Arise”). Accordingly, Arise has ...
The Nigerian National Petroleum Corporation (NNPC) and Total Nigeria have expressed their readiness to work together to grow daily crude oil and gas production and reserves to meet the national target of 40 billion barrels. ...
SIFAX Group, one of Africa’s leading multinational Maritime company, said it had attained 130,000 Twenty-feet Equivalent Unit(TEU) cargo capacity by June ending. Sifax Group General Manager, Chief Adekunle Oyinloye, told journalists on Tuesday in Lagos ...
Noble Energy makes oil discovery in Block I, located in Equatorial Guinea’s offshore sector; The well was drilled to a total depth of 4,417 meters and is expected to produce first oil in October 2019; ...
With over 185 entries from over 33 countries, Shareefa Youshna Jewan from Mauritius emerged as the winner of the 55 Voices for Africa (55Voices4Africa) writing competition conducted under the #VisaFreeAfrica (VFA) initiative. She is closely ...
Truecaller, on Tuesday, announced that it has crossed 1 million paying subscribers globally, and has added a series of new feature to its paid subscription service, Truecaller Premium. Rolled out globally, the premium subscription service ...
Mr Ayodeji Balogun, the Country Manager of AFEX Commodities Exchange Ltd., has decried the declining yields of the current cocoa value chain following neglect of the commodity with huge potential when fully harnessed. Balogun made ...
The Federal Government earned N311.94bn VAT between April and June, according to the National Bureau of Statistics (NBS). The figure trumped the record of the first quarter of the year, January to March, which was ...
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