OAU first Nigerian university to distribute electricity – VC, Ogunbodede

...Unveils 60th anniversary logo By Sunday Oguntuyi, Osogbo The Vice Chancellor of Obafemi Awolowo University (OAU), Ile-Ife, Prof. Eyitope Ogunbodede says the institution has obtained Marketing...
Dangote Refinery and petrochemical industry

Dangote Refinery gets $10bn investment from banks

Adebayo Obajemu The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, last week Friday disclosed that Nigerian banks and their foreign counterparts has invested between...

Conoil posts N1.44bn as profit in FY’20

Adebayo Obajemu Conoil Plc on Monday published its Audited Financial Statement for the year ended 31 December 2020. The report shows decline in the company’s top...
Mele Kyari

NNPC to deduct N126bn from June remittance to FAAC amid rising subsidy payment 

The Nigerian National Petroleum Corporation (NNPC), has given a notice to the Federation Account and Allocation Committee (FAAC) that it will deduct about N126...

Dwindling revenue: FG in dilemma over govs N408/litre petrol

By AYOOLA OLAOLUWA The Federal Government is in a dilemma on how to remove fuel subsidy without attracting a public outcry and stiff opposition from...
Total Energies

Total changes name to TotalEnergies as part of transition to renewable energy

Total on Friday changed its name to TotalEnergies as pushes to become one of the world’s top five in renewables by 2030. The company made...
Mele Kyari

NNPC records N39.8bn trade surplus in February

The Nigerian National Petroleum Corporation (NNPC) says it has recorded N39.85 billion trading surplus for the month of February 2021. Trading surplus or trading deficit...
Dangote Refinery

NNPC in talks to acquire 20% stake in Dangote Refinery

The Nigerian National Petroleum Corporation (NNPC) has initiated talks with the Dangote Group about purchasing a 20 percent minority equity stake in its 650,000...

Seplat announces currency exchange rates for Q1 2021 interim dividend

Adebayo Obajemu Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Exchange Limited and London Stock...

EFCC arrests 3 over alleged N3.5bn online investment fraud

The Economic and Financial Crimes Commission (EFCC), Sokoto Zonal Office, has arrested three suspects over alleged N3.5 billion online investment fraud. Mr Bawa Kaltungo,...