Oil Output: FG Abandons Four-million-barrel Target Seven years after the production target of four million barrels of oil per day was set, the Federal Government has...
Oranto Petroleum Invests $500m in South Sudan Oil Block Nigeria’s Oranto Petroleum Limited has said it has signed oil sharing agreement with South Sudan covering the...
GTBank Posts N132bn Profit, Recommends 175k Final Dividend Guaranty Trust Bank (GTBank) Plc reported gross earnings of N414.62 billion for the year ended December 31, 2016,...
Nigeria Loses $1.5bn Yearly to Maternal Deaths The United Nations Population Fund says Nigeria loses about $1.5bn in productivity to maternal mortality every year. It noted...
U.S. Companies Added 298,000 Jobs in February Businesses in the US added more jobs in February than projected, according to the data compiled by the ADP...
Baywood Invests N35b in Oil, Gas Sector Baywood Continental Limited, a wholly Nigerian owned integrated oil and gas technical service company, has invested over $70 million...
Three Nigerian Banks to take over Etisalat Over N541.8 Billion Debt Despite the intervention of the Nigerian Communication Commission, NCC, to broker a peaceful resolution between...
China’s Imports Surge in February, While Exports Miss Estimates China’s imports surged from a year earlier, posting the biggest gain in at least two years of...
ExxonMobil’s One Billion Crude Oil Discovery Spurs Interest in Government Policies to Grow Reserves As Nigeria’s crude oil reserves increased to 37 billion barrels, led by...
Minister Rallies Support for Locally Sourced, Processed Foods The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has enjoined consumers to patronise a range of...
