Oando’s Petrol Cargo Sales Plunge to Zero on Dangote Refinery
Oando, a Nigerian energy group listed in Lagos and Johannesburg, recorded zero petrol cargo sales in the first six months
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MTN Nigeria Swings to N415bn Profit in First Half
MTN Nigerian Communications, the country’s biggest telecommunications company, reported a profit after tax of N414.9 billion in the first six
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UBA Begins Second Tranche of N400bn Capital Raise
United Bank for Africa Plc (UBA) launched on Wednesday its rights issue of 3,156,869,665 ordinary shares at N50.00 per share.
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UAC Agrees to Buy Chivita, Hollandia Maker CHI From Coca-Cola
UAC of Nigeria Plc (UAC) has entered into an agreement to acquire Chivita|Hollandia (CHI Limited), the maker of Chivita and
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NNPC, Seplat Inject Extra $40m in ANOH Gas Project Ahead of Startup
The Nigerian Gas Infrastructure Company (NGIC), a subsidiary of state-owned Nigerian National Petroleum Company, and Seplat Energy have provided an
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Seplat’s Half-Year Net Income Falls 45% on Higher Tax Burden
Seplat Energy, a Nigerian independent oil company, saw its profit after tax for the first half of the year decline
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Seplat Delays First Gas From $650m ANOH Plant Until Q4
Seplat Energy, a Nigerian independent oil company, said on Wednesday that the commencement of production from the ANOH gas plant
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Seplat Revives 22 Idle Wells Six Months After Exxon Asset Takeover
Seplat Energy Plc has revived 22 of the hundreds of idle wells it inherited following the acquisition of Mobil Producing
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Nestle Nigeria Swings to N50bn Half-Year Profit as Sales Jump
Nestle Nigeria, a major fast-moving consumer goods company, posted a profit after tax of N50.57 billion in the first of
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Cadbury Nigeria Rebounds With N10bn Half-Year Profit
Cadbury Nigeria, a fast-moving consumer goods firm, reported a profit after tax of N10.17 billion in the first six months of
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