NNPC, Shell, others sign multibillion-dollar deepwater deal
The Nigerian National Petroleum Corporation and its Production Sharing Contract partners have executed agreements to renew Oil Mining Lease 118
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Nigerian stocks post N600bn weekly loss, NGX data show
Nigerian stocks recorded a loss of N600bn this week as the market capitalisation of equities on the Nigerian Exchange Limited
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Nigeria’s economy seen shrinking in Q1 after exiting recession
The Nigerian economy is estimated to have contracted by 0.5 percent in the first quarter of this year after a
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Surprise as Nigeria’s inflation falls for first time in 21 months
The inflation rate in Nigeria unexpectedly declined in April for the first time in 21 months, official data released on
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Cornerstone Insurance posts 47% drop in annual profit
Cornerstone Insurance Plc has reported a profit after tax of N2.19 billion for the financial year 2020, down by 47
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NNPC assures Egbin power station of increased gas supply
The Nigerian National Petroleum Corporation has assured Egbin Power Plc of increased supply of gas in a bid to boost
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Naira slumps to record low against dollar
The Nigerian currency fell to a record low on the official market on Friday, with lenders quoting it 7.7 percent
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Unilever Nigeria to transfer tea business to new company
Unilever Nigeria Plc announced on Friday that its Board of Directors had approved the steps required to implement the separation
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Nigerian Breweries’ CEO steps down, successor announced
Nigerian Breweries Plc has announced the resignation of its Managing Director/Chief Executive Officer, Mr Jordi Borrut Bel, effective July 30,
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Don’t let incompetence become your Titanic
By Harvey Mackay The Titanic was state-of-the art. No expense had been spared to make sure that it would be
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