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Transcorp reports N956m loss as COVID-19 hits hospitality business

Transnational Corporation Plc has reported a loss of N956.74 million for the quarter ended March 31, 2020 as its hospitality

Total Nigeria Plc, a subsidiary of French oil major Total Group, posted a loss of N163.22m for the quarter ended

The African Business Coalition for Health has announced the appointment of Mories Atoki as Chief Executive Officer following the unanimous

By John Campbell The fall in international oil prices is having a devastating impact on Nigeria’s formal economy. Oil, the

Mobil Producing Nigeria, a subsidiary of US-based ExxonMobil, has said it is donating two ambulances, 20 additional vehicles and medical

The Nigerian Content Development and Monitoring Board has unveiled a new initiative aimed at stimulating innovations in the oil and

Emerging-market creditors have set up a group to help heavily indebted African nations coordinate responses to the economic impact of

Nigeria’s foreign exchange reserves have risen by $1.51bn in the last two weeks to hit $35bn. The reserves, which closed

The Organisation of Petroleum Exporting Countries said on Friday that global oil production could be adjusted by 20.1 million barrels

The Minister of Federal Capital Territory Administration, Mallam Muhammad Bello, has offered a parcel of land to the Nigerian National