India Slashes Import of Nigeria Crude Oil Nigeria’s oil supply to India has hit its lowest level for this year, with the Asian country intensifying effort...
Unilever Maps Out Funds to Eradicate Dental Diseases Unilever Nigeria Plc says it is channelling an undisclosed amount of funds to the eradication of dental diseases...
NNPC Loses N48bn as Refineries’ Performance Drops by 45% Nigerian refineries are still performing poorly as an analysis of the latest monthly oil and gas sector...
Fairfax Africa Buys 42% Stake in Bob Diamond’s Bank Atlas Mara Limited, the African investment vehicle of former Barclays boss Bob Diamond, says Fairfax Africa now...
‘Local farmers produce 30% of Nigeria’s poultry demand’ The Chairman, Poultry Association of Nigeria, Kwara State chapter Mr. Oladapo Robinson, on Wednesday stated that Nigeria’s annual...
Arik Shareholders React to Planned Takeover of Airline Shareholders of Nigeria’s largest carrier, Arik Air have described as unfortunate the alleged plan by the federal government...
UK Defends £200m Aid Budget for Nigeria The United Kingdom’s Department for International Development has defended its £200m ($258m) aid budget for Nigeria, even as the...
OPEC Oil Output Slips on Renewed Libyan Outages The Organisation of the Petroleum Exporting Countries on Thursday announced that oil output had fallen by 170,000 barrels...
Fitch Affirms Nigeria at ‘B+’, Negative Outlook Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating at ‘B+’ with a negative outlook. Reuters on Thursday...
Power Generation Drops by 248MW in 24 Hours A total of 16 hydro, gas and steam power stations recorded various degrees of reduction in the quantum...