Conoil raises dividend by 40% as annual profit doubles
Conoil Plc has proposed a 40 percent increase in dividend as its pretax profit doubled to N12.28 billion in 2023
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PwC Nigeria admits three new partners
PwC Nigeria has announced the admission of three new partners effective 1 July 2024. They are Marilyn Obaisa-Osula (Consulting and
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Nigeria’s telcos lose 6.8 million active voice subscribers in Q1
Telecommunications companies in Nigeria lost about 6.86 million active voice subscribers in the first three months of the year, compared
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Rail freight gains steam as NRC’s Q1 revenue jumps 235%
The Nigeria Railway Corporation saw its revenue from cargo transportation surge more than threefold to N607.32 million in the first
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Soaring prices push Nigeria’s PMI to lowest in seven months
Business activity in Nigeria fell in June to the lowest level in seven months as companies jacked up their prices
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Foreign investment flows to Nigeria triple in Q1
Foreign capital imported into Nigeria tripled in the first three months of this year compared to the last quarter of
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Exodus of multinationals from Nigeria is a worrying trend: CIoD
By Bamidele Alimi Introduction Over the past decade, Nigeria has seen a significant exodus of multinational companies (MNC). These exits have raised
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Dangote’s dirty fuel import allegation inaccurate, say depot owners
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has refuted the allegation by Dangote Industries Limited that the
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TotalEnergies, NNPC sanction new project for gas supply to NLNG
TotalEnergies and the Nigerian National Petroleum Company Ltd have taken the final investment decision for the development of the Ubeta
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Annual FDI flows to Africa extend decline to $53bn
Foreign direct investment (FDI) flows to Africa fell by 3% to $53 billion in 2023, the latest World Investment Report released
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