Category: Business

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Oando acquires Agip Oil company for $783m

Oando acquires Agip Oil company for $783m

Oando Plc said it has completed the acquisition of 100 per cent shareholding interest in the Nigerian Agip Oil Company (NAOC) from Eni, for a total co [...]
NNPC hijacked by corporate cabals around Tinubu, says Atiku

NNPC hijacked by corporate cabals around Tinubu, says Atiku

Atiku Abubakar, former vice-president, says the Nigerian National Petroleum Company (NNPC) Limited has been hijacked by corporate cabals around Presid [...]
NBA says domestic refining will address fuel scarcity, queue

NBA says domestic refining will address fuel scarcity, queue

The Nigerian Bar Association has called for the full implementation of the directive of President Bola Ahmed Tinubu on the supply of crude to Dangote [...]
1,500 Osun residents benefit from Fidelity good bank outreach

1,500 Osun residents benefit from Fidelity good bank outreach

Over 1,500 residents made up of women, children, widows, and the elderly have benefited from the one-day feeding program organized by Fidelity Bank in [...]
Nigerian Stock Exchange rates Fidelity Bank highest on corporate governance

Nigerian Stock Exchange rates Fidelity Bank highest on corporate governance

Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requ [...]
Chinese firm seizes Nigeria’s property in UK, lists them on eBay for sale

Chinese firm seizes Nigeria’s property in UK, lists them on eBay for sale

A Chinese investment group which is in a hurry to claim up to $70 million in arbitration awards from Nigeria, has finalised its decision to put two re [...]
NNPC finally confirms payments after FG vehemently denied return of petrol subsidy

NNPC finally confirms payments after FG vehemently denied return of petrol subsidy

The Nigerian National Petroleum Company (NNPC) Limited says the federal government owes it N7.8 trillion for petrol subsidy. NNPC’s disclosure come [...]
Union Bank reports 20% growth in PBT H1, 2024, despite CBN’s intervention

Union Bank reports 20% growth in PBT H1, 2024, despite CBN’s intervention

Despite the challenging environment following the Central Bank of Nigeria's intervention in January 2024, which led to heightened customer concerns, U [...]
I’ve been threatened over reforms in power sector – Bayo Adelabu

I’ve been threatened over reforms in power sector – Bayo Adelabu

Adebayo Adelabu, minister of power, says he receives threat calls from unknown persons who are against the progress in the power sector. He said al [...]
With Glo WiFlix, subscribers get unlimited streaming

With Glo WiFlix, subscribers get unlimited streaming

Digital solutions services provider, Globacom, has launched WiFlix, which enables subscribers to enjoy unlimited streaming experience across different [...]
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