Nigeria Loses 10,000 Barrels Of Crude Oil Daily – Shell
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has decried the spate of attack on pipelines and other oil assets in the Niger Delta […]
Economy
Solo Oil Exits Nigeria Marginal Fields Venture
Solo Oil PLC (LON:SOLO) told investors that it has exited its Nigerian marginal fields venture. The company has agreed to sell its 20% interest in […]
Nigeria Approves Extension Of OPL 310 Block Exploration Licence For Three Years
LEKOIL, the Africa-focused oil and gas exploration, development and production company, announces that pursuant to a letter dated 4 September 2019, the Federal Government of […]
First Bank Disburses N100 Billion In Agro Sector
FirstBank of Nigeria Limited has disbursed over N100 billion under the Central Bank of Nigeria (CBN) Commercial Agriculture Credit Scheme (CACS) initiative introduced to strengthen […]
Keystone Bank Partners Google, Facebook On Digital Marketing For Msmes
In demonstration of its commitment to consistently promote and support the growth and development of the real sector, Keystone Bank Limited has embarked on a […]
Border Closure Crashes Prices of Petrol, Diesel
The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has disclosed that following the closure of the border, petrol […]
Shake-Up In Emirates As Profits Plunge By 69 Per Cent
The recent 69 per cent plunge in the profit of Emirates airline has further taken its toll, with the carrier announcing a shake-up in its […]
Adhere To Standards, CBN Urges Fintechs, Payment Service Providers
The Central Bank of Nigeria (CBN) has urged financial technology companies (fintechs), payment service providers and banks in the payment system to ensure that they […]
Women Empowerment, Access Bank Partners Lagos Govt On N10bn Loan Portfolio
Africa’s largest retail bank, Access Bank Plc. yesterday, collaborated with the Lagos State Employment Trust Fund (LSETF) to launch the LSETF W Initiative aimed at […]
Nigeria Oil Export To China Hit 3m Barrels In 30 Days
The latest China bound VLCC crude laden vessel is marking its biggest month of buying from Nigeria in years as it ramps up its crude […]
African Women Entrepreneurs Get $251m from G7
The course to support African women, with a financing capacity worth $5billion, received a boost at the just-concluded G7 leaders meeting in France, as the […]
Defunct Afribank, SEC Urges Shareholders To Claim Outstanding Dividends
The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends. SEC said this was part of its […]
Forte Oil Contemplates Delisting From NSE
Following the proposed takeover offer by Ignite Investments and Commodities Limited to other existing shareholders, strong indications emerged yesterday that Forte Oil was contemplating delisting […]
Scarcity Of Aviation Fuel Cripples Airlines’ Operations
Airline operators are considering increasing air fare to accommodate recent JetA1 price hike and scarcity across the country. According to sources, the pump price of […]
UK Manufacturing Output Dips Amid Brexit Uncertainty
UK manufacturing output tumbled at the fastest rate in seven years in August, as Brexit uncertainty and the global economic slowdown hit demand. Output slumped […]