Shell posts $21.68bn loss as pandemic hammers oil demand
Royal Dutch Shell has reported a loss of $21.68 billion for the year 2020 as COVID-19 hammered oil demand, compared
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Naira weakens at I&E window as forex reserves shed $323m
The naira fell by 0.13 per cent on Wednesday to close at 395.50 against the dollar at the Investors’ and
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Alleged $213m fraud: Judge issues arrest warrant for ExxonMobil Nigeria MD
A Nigerian judge has issued an arrest warrant for the Managing Director of ExxonMobil Nigeria, Mr Richard Laing, for failing
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Royal Exchange returns to profitability after N1.3bn loss
Royal Exchange Plc has returned to profitability as it posted a profit before tax of N232.56 million in 2020, compared
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S&P Global affirms AfDB’s AAA rating with stable outlook
A ratings agency, S&P Global Ratings, has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank
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Conoil’s annual profit falls 24% to N2.15bn
Conoil Plc has reported a profit before tax of N2.15 billion for the 2020 financial year, down by 24 percent
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Ex-MTN Nigeria CEO joins Unilever board
A former Chief Executive Officer of MTN Nigeria, Mr Michael Ikpoki, has been appointed as an independent non-executive director of
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NAHCO suffers 68% profit drop as COVID-19 hits air travel
The Nigerian Aviation Handling Company Plc has posted a 68 percent decline in its profit before tax for the 2020
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Total Nigeria’s pretax profit rises to N3.09bn
Total Nigeria Plc has reported a profit before tax of N3.09 billion for the 2020 financial year, up from N3.07
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Chams reports N64.04m loss, revenue down 34%
Chams Plc has posted a loss before tax of N64.04 million for the 2020 financial year, compared to a profit
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