Investors Oversubscribe for Ecobank’s $50m Eurobond Ecobank Transnational Incorporated, ETI, has successfully raised $50 million in Eurobonds from international capital markets. The parent company of the...
Ibom Air to Start Operations Today Ibom Air, Akwa Ibom Airline, will today 7th, June 2019 commence commercial flight services after receiving Air Operator Certificate (AOC)...
Nigeria Revokes Six Oil Block Licences The Federal Government has revoked six oil block licences due to ‘legacy debts’. In a notice issued on Thursday by...
SEC Invades Oando With Armed Policemen Armed security personnel, acting on the directive of the Securities and Exchange Commission (SEC) on Thursday allegedly invaded Oando’s head...
Nigeria Loses N995.2b Yearly to Oil Theft Nigeria is losing N995.2 billion yearly to the activities of oil thieves, Nigerian Natural Resources Charter (NNRC) has said....
IATA Cautions FG on Airport Concession The International Air Transport Association (IATA) has advised the federal government to be careful in its plan to concession the...
Union Bank of Nigeria Shareholders Meet to Restructure Balance Sheet Shareholders of Union Bank of Nigeria Plc will meet next Tuesday to restructure the bank’s balance...
W’Africa Container Terminal Set for $10m Upgrade The West Africa Container Terminal (WACT), Onne Port, Rivers State, has said it is preparing to take delivery of...
2018 Budget Underfunded by N2.1tn – Investigations The inability of the Federal Government to generate enough revenue to finance its operations had resulted in a N2.18tn...
Operators Invest N29.4bn Pension Funds in Infrastructure Pension Funds Administrators have invested about N29.4bn of the growing assets under the Contributory Pension Scheme in infrastructure projects...