Category: Business

NNPC releases 2019 audited financial statement, reduces loss by 99.7%

  Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited...

Apapa customs rakes in N367.7b in nine months

  The Nigeria Customs Service Apapa Area Command collected revenue to the tune of One hundred and Forty billion, Three hundred and Thirty-five million, Five...

LBSL reacts to viral video

…..Says Its buses not used by thugs Anthonia Duru Contrary to the narratives being circulated across social media in respect of a bus belonging to Lagos Bus...

Budget 2021: Security shld be top priority for Lagos – Obasa

  The Speaker of the Lagos House of Assembly, Rt. Hon. Mudashiru Obasa, said security will be a major consideration in the 2021 budget of the state, saying it is...

Pay TV: Why Pay-As-you-Go not feasible – MultiChoice CEO

    The Chief Executive Officer (CEO) of MultiChoice Nigeria, Mr. John Ugbe, has said that Pay-As-You-Go (PAYG) billing model is not technically and commercially...

NNPC stations to have CNG by December – Kyari

….Asks corporate bodies to focus on new media for development Retailing stations operated by the Nigerian National Petroleum Corporation (NNPC) would have the...

Generation: Egbin records 360MW daily shortfall

…Mulls $40m investment for turbines’ overhaul …..Egbin Power Plc launches 20 electric-powered buggies, 500 electric-powered bicycles Biggest thermal power...

HealthPlus: How equity firm’s inability to raise funds led to the crisis

  The blazing feud between top pharmaceutical retail company, HealthPlus, and Alta Semper Capital, a United Kingdom private equity firm, has its roots in a sudden...

Improved services: Transcorp Hotel shops for N10b

  Transcorp Hotels Plc has started shopping for N9.999 billion from existing shareholders via a rights issue of about 2.659 billion ordinary shares of 50 Kobo each...

FG

FG budgets N418m for town hall meetings, opinion polls, others

  The Federal Ministry of Information and Culture will in 2021 spend N418 million on organising town hall meetings, conducting opinion polls, and showcasing...