Host communities call for audit of Eroton’s OML18 spill
Adebayo ObajemuHost communities to OML18 have once again called on the Federal Government to pay unscheduled visit to the scene of the ongoing Cawthorne...
University Press reports N2.3bn as turnover
Adebayo ObajemuUniversity Press Plc posted its audited reports for the year ended 31 March 2022 on Wednesday.The publishing giant posted a turnover of N2.306...
Reps to probe subsidy regime from 2017 to 2021
The House of Representatives on Wednesday resolved to set up an ad-hoc committee to investigate the petroleum products subsidy regime from 2017 to 2021.The...
Why FG cannot subsidise diesel – NNPC
The Federal Government has said It is regrettable that Nigeria’s petroleum refineries are not working and the possibility of introducing subsidies on Automotive Gas...
Wema Bank to begin N40bn rights issue in August
Wema Bank Plc says it has concluded plans to begin its N40 billion rights issue to the existing shareholders of the bank in August.Wema...
Unclaimed dividends by Nigerians rise to N180 billion – SEC
Lamido Yuguda, director general of Security and Exchange Commission (SEC), has said that unclaimed dividends by Nigerians rose to N180 billion as of December...
Active internet subscriptions rise to 145.8m – NBS
The number of active internet subscriptions in Nigeria rose quarter-on-quarter (QoQ) by 2.7 per cent to 145.8 million in the first quarter of 2022...
OPEC+ running out of oil production capacity – Sylvia
Adebayo ObajemuThe Minister of State for Petroleum, Timipre Sylvia has said that OPEC+ alliance of oil producers was running out of capacity to pump...
FG awards 57 marginal oil fields to new investors
The federal government on Tuesday, officially awarded 57 marginal oil fields to about 49 new investors in Abuja, adding that a total of N202.91bn...