Diamond Stripes Limited set to revive moribund Enugu Palm Oil
Diamond Stripes Limited through its Special Purpose Vehicle (SPV) – Pragmatic Palm Limited, is set to revive the moribund Enugu-based United Palm Produce Limited […]
BUSINESS
NNPC E&P Ltd, NOSL hit first oil in OML 13, Akwa Ibom State
The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) have announced the successful commencement of […]
NIMASA: Tasks and expectations from Mobereola By ABIODUN KOMOLAFE
The trajectory of the Nigerian Maritime Administration and Safety Agency (NIMASA) has always been in the news for negative reasons. For instance, among its […]
NGX lists N4.075bn AVA Infrastructure Fund
The Nigerian Exchange Ltd. (NGX) has listed N4.075 billion of AVA Infrastructure Series One Fund on its trading platform. Head, Issuers Regulation Department of […]
NNPC/First E&P JV empowers NGOs with N53.4m
By MBAFAN ADE, Abuja – The Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Production Limited (First E&P) joint venture (JV) has […]
Development Bank disburses N787bn 495,000 MSMEs since inception
The Development Bank of Nigeria (DBN) says it has disbursed over N787 billion to no fewer than 495,000 Micro, Small, and Medium Enterprises (MSMEs) […]
NNPC, First E&P JV empower NGOs with N53.4m
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and First Exploration & Production Limited (First E&P) Joint venture (JV) have donated N53 million to […]
Tijani, Maida advance Nigeria’s vision on digital capacity in partnership with Nokia
By CALLISTUS OFFOR, Abuja – Nigeria and Nokia Solutions and Networks Nigeria, have signed a Memorandum of Understanding (MoU), for the training of young Nigerians […]
Shell MD attributes success of Bonga to cutting-edge technology, effective leadership
By CALLISTUS OFFOR – Shell Nigeria Exploration and Company Limited (SNEPCo),Bonga, has identified effective leadership, cutting-edge technology, continuous improvement, integrated delivery and collaboration with partners […]
FCT-IRS seals school, hotel, others over tax evasion
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sealed Residency Hotels, a school and three business premises in the capital city for tax evasion. […]
Investors’ demand for banking stocks yields N18bn profit
The stock market recorded an upturn due to increased investor demand for banking stocks and other medium-capitalised entities on Thursday, which led to N17.96 […]
NNPC Ltd committed to building huge oil, gas infrastructure to make sector thrive
By JOY ADARA, Abuja – The Nigerian National Petroleum Company Ltd (NNPC Ltd) has said it would continue to invest in the development of […]
Bakery, water factory for inauguration May 27 – BIPC boss
By TYAV SAM TYAV, Makurdi – The Managing Director Benue Investment and Property Company Limited (BIPC), Dr. Raymond Asemakaha has assured that the company […]
CBN extends processing fees on cash deposits to Sept. 3
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on deposits within some thresholds. This is according to a statement […]
New Benue brewed beer to flood market December – BIPC, MD
By TYAV SAM TYAV, Makurdi – The Managing Director, Benue Investment and Property Company, (BIPC) Dr. Raymond Asemakaha has said that a new brand […]
2024 oil bid round not meant for politicians – Minister
The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, has said the 17 oil blocs put forward for sale under the 2024 […]
Tinubu commits to completing Siemens Power Project – TMSG
The Tinubu Media Support Group (TMSG) has said that President Bola Tinubu administration is moving closer to completing the first phase of the Presidential Power […]
$1.09 billion paid by Shell Nigeria in taxes, royalties in 2023
Shell exclusively paid a total of $1.09 billion in corporate taxes and royalties to the Government of Nigeria last year through the operations of The […]
Again, NNPC Ltd warns against panic buying, says 30-days PMS sufficiency Intact
By MBAFAN ADE, Abuja – As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian […]
UBA consolidates gains as gross earnings rise by 110%, profit for quarter hits N156bn – delivering a YoY growth of 165%
United Bank for Africa Plc (UBA), Africa’s Global Bank , released its financial results for the first quarter ended March 31st, 2024, showing very […]