The House of Representatives has called on the Federal Government to suspend all divestment applications by International Oil Companies (IOCs), including Shell and TotalEnergies, until they...
UAC of Nigeria PLC has announced the appointment of Mr. Khalifa Adebayo Biobaku as Chairman of the Board of Directors, effective February 5, 2025. His appointment...
Shell Petroleum Development Company (SPDC) has confirmed a fresh oil spill at its facility in Ogale, Rivers State. The incident occurred when a storage pit (saver...
Oando Plc has announced the phased distribution of its shares in line with a shareholder-approved resolution passed at the company’s 45th Annual General Meeting (AGM) on...
French oil and gas major TotalEnergies has announced plans to reduce investments in low-carbon energy after net profit declined by 26% in the 2024 financial year....
Access Holdings Plc has announced the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its subsidiary, Access Bank Plc, effective January 7, 2025,...
Conoil Plc, a leading downstream oil and gas company, has reported a 60.5% surge in revenue for the financial year ended December 31, 2024. The company’s...
Oando Plc recorded strong financial growth in full-year 2024 as revenue rose by 45% to N4.12 trillion from N2.85 trillion in 2023. The energy company’s performance...
BUA Foods Plc has delivered an exceptional financial performance in full-year 2024 with turnover surging by 114% to N437.45 billion, up from N204.05 billion in 2023....
VFD Group Plc rebounded from a N1.02 billion pre-tax loss in 2023 to post a profit before tax (PBT) of N12.46 billion on strong revenue growth,...