Stanbic IBTC Grows Half-year Profit by 113% Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has reported a profit after tax at N24.112bn for...
Investors’ Appetite Drops, Mobil, Jaiz, Okomu Top Losers Owing to weak investors’ appetite, the Nigerian equities market depreciated by N52bn, with Mobil Oil Nigeria Plc, Jaiz...
BoI approves N5bn intervention fund for miners The Bank of Industry and the Ministry of Mines and Steel Development on Tuesday sealed a N5bn financing pact...
Oil Marketers Threaten Mass Sacking Over $2bn Debt Oil marketers have said they will embark on mass retrenchment following the failure of the Federal Government to...
NNPC Increases Gas Supply to Power Plants by 123 % The Nigerian National Petroleum Corporation on Tuesday said it had increased daily average natural gas supply...
NNPC, Total, Others Execute N259bn Gas Aggregation Agreement The Nigerian National Petroleum Corporation, Total Exploration and Production Nigeria Joint Venture and Greenville Oil and Gas Limited,...
Rising Repair Costs Trigger Demand for Rugged Phones The increasing cost of repairing a damaged smart phone may trigger demand for durable phones across the globe...
Foreign Private-equity Firm Targets Nigeria, Others EuroMena Funds, a Beirut-based private-equity firm that has raised $350m since 2006, is planning to almost double assets as it...
B’Haram: US Sells N181bn Warplanes, Weapons to Nigeria The Headquarters of the United States Department of Defence, the Pentagon, has informed the US Congress of the...
iSON Chief: Africa’s $32b ICT Market Skewed The Founder/Chairman, iSON Group, Ramesh Awtaney, has said the $32billion market value ascribed to Africa’s information communications technology (ICT)...