International Breweries Records N2.56bn Loss, Stocks Resume Fall International Breweries Plc has reported a loss before tax of N2.56bn for the first quarter period ended March...
Salvic Boosts Production by 75,000 bpd To improve Federal Government’s crude oil output and earnings, Salvic Petroleum Resources Limited has increased production in its Oil Mining Lease...
‘Cybercrooks Attempt to Steal $3.9m from Maritime Sector’ Cybercrooks attempted to steal $3.9 million in the maritime sector between last June and January. During the period...
Shareholders Laud Transcorp’s Turnaround Shareholders of Transnational Corporation of Nigeria (Transcorp) Plc have commended the board and management of the conglomerate for the turnaround of the...
Forte Oil to Sell Nigerian Assets, Exit Ghana Forte Oil has said it plans to sell its upstream services and power businesses in Nigeria and divest...
PIB Delay Threatens $8.4bn Annual Oil Investment The delay in the passage of the Petroleum Industry Bill is threatening an average capital expenditure of $8.4bn per...
FAAN to Automate Payment System at Airports The Federal Airports Authority of Nigeria says it will soon commence cashless transactions across airports in the country. According...
BoI Gets Fresh N305bn to Finance Industrialists A total of $1bn (N305bn) has been raised by the Bank of Industry to finance the industrial sector of...
FG Okays Fresh N80bn for Lagos-Ibadan Road The Federal Executive Council on Wednesday approved additional N80bn for the rehabilitation of Section II of Lagos-Ibadan Expressway from...
Osun Revenue Agency Seal off OAU Over N1.8bn Tax Debt Officials of the Osun State Internal Revenue Service on Wednesday morning visited the Obafemi Awolowo University,...