The Nigerian National Petroleum Corporation (NNPC) says it has fully settled the total amount owed to Mobil Producing Nigeria (MPN) with a payment of 833.57 million dollars cash call arrears. The corporation disclosed this in ...
The bearish performance of the Nigerian equities market extended into the third consecutive sessions on Wednesday as sale pressures in high capitalised stocks dragged the benchmark index by 0.07 per cent lower. Specifically, the All ...
Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies’ decision to extend output cuts was not enough to counter investors’ concerns about the slowing global ...
Established to provide concessional buffer to needy economies on the continent, the African Development Fund (ADF), is not only facilitating rapid rollout of development projects, but its investments continue to transform and sustain lives, beneficiaries ...
An independent assessment by the international tourism advisory expert, Martin Jansen van Vuuren, a partner at Futureneer Advisors , has quantified the significant economic benefits to host countries of the influential Africa Hotel Investment Forum ...
Mrs Olatokunbo Fagbemi, Group Managing Director, Nigerian Aviation Handling Company (NAHCO) Aviance Plc on Tuesday said the company’s profit would grow by 323.3 per cent in the 2019 financial year. Fagbemi stated this at the ...
Ikeja Electric Plc (IE) says it has commenced the rollout of meters for customers in the Shomolu Business Unit under its Meter Asset Providers (MAPs) scheme. The acting Chief Commercial Officer, Ikeja Electric, Ugochukwu Obi-Chukwu, ...
Transactions on the Nigerian Stock Exchange (NSE) maintained negative slide for the second trading day of the month with investors’ net worth dropping by N94 billion. Consequently, the market capitalisation dropped to N12 trillion mark, ...
Nigeria’s leading and most profitable Bank, Zenith Bank Plc, has introduced a new account called ‘Timeless’ that allows Nigerians aged 55 years and above bank with the financial institution for free. Timeless account holders pay ...
The outgoing Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has revealed that the national oil firm has secured over $8bn worth of deals since 2019 began. Baru, who will be ...
