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Host communities call for audit of Eroton’s OML18 spill

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

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...
Nigeria sold $1bn worth of natural gas to Portugal in 2022 - NNPC

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 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

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

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

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...
Zenith Bank announces retirement of two non-executive directors

Zenith Bank announces retirement of two non-executive directors

Zenith Bank Plc, has announced the retirement of Mr. Jeffrey Efeyini and Prof. Chukuka Enwemeka as Non-Executive Directors of the company.The lender announced...