The Nigeria Labour Congress has said it will mobilise Nigerians for nationwide protests to resist the plan by the Federal Government to sell strategic assets under...
Promasidor Plans Over N8bn Expansion Promasidor Nigeria Limited, has concluded arrangements with the International Finance Corporation (IFC), to inject about $25 million (over N8billion) into its...
As the upstream companies grapple with oil price downturn, a new research from Wood Mackenzie has revealed that the majors invested $169 billion in exploration during...
In a bid to boost its bottom-line and meet shareholders’ expectations, the management of Diamond Bank Plc has reinforced its business strategy and strengthened. A statement...
Investors in Caverton Offshore Support Group Plc have lost 90 per cent of their investment as the stock fell from N9.50 to 95 kobo per share...
FG Plans to Sell 5% of its NLNG Shares The Federal Government is planning to sell at least five per cent of its shares in the...
The Nigerian Communications Commission has written the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, demanding the transfer of the initial N50bn...
The nation’s crude oil exports have suffered another setback with the shutdown of the Trans Niger Pipeline, which carries Bonny Light crude, as a precautionary measure...
The African Development Bank is working on giving Nigeria loan facilities of $4.1bn between now and next year for critical sectors of the economy. The loans...
The broad effects of low oil prices and production disruptions, which have resulted in a significant reduction of foreign exchange earnings, have raised concerns about some...