Okomu Oil’s Revenue Rises to N14.3bn Devaluation and Cost Cutting Measures Aids Profits The Okomu Oil Palm Company PLC says it recorded revenue of N14.3bn in...
We Intervened in Etisalat Crisis to Save Jobs The Central Bank of Nigeria on Friday said it intervened in the crisis between Etisalat and a consortium...
Nigeria Begins Yam Export to Europe, U.S. June 29 The Minister of Agriculture and Rural Development, Audu Ogbeh, has said the country will commence yam exports...
Julius Berger Eyes Oil, Power Deals in Nigeria Julius Berger Nigeria Plc, the largest construction company in Nigeria by market value, plans to acquire oil assets...
Finally, NNPC Pays N450bn Federation Account Debt The Nigerian National Petroleum Corporation has finally offset its indebtedness of N450bn to the Federation Account. The Permanent Secretary,...
Indonesian Firm to Build Refinery in Nigeria An Indonesian firm, PT Intim Perkasa Nigeria Limited, a subsidiary of PT Intim Perkasa, has indicated interest to build...
NNPC Sustains Losses, Records N39.3bn Deficit in Four Months The monthly financial losses of the Nigerian National Petroleum Corporation since the beginning of this year continued...
Agricultural Finance Fund Closes at $65.9m, Says FG The Federal Government on Wednesday in Abuja announced that the Fund for Agricultural Finance in Nigeria, which was...
Nigeria’s Gas Export Remains High Amid Domestic Shortage As the country continues to suffer gas shortage for power plants and household cooking, industry stakeholders have raised...
FG’s Non-oil Revenue Projection Unrealistic The federal government’s non-oil revenue projections in the 2017 budget are unrealistic, when viewed in the context of past budgets, a...