Category: Business

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...

Market capitalisation: ExxonMobil loses $225b to Chevron – Report

  Twice over the past two weeks, ExxonMobil XOM has made headlines for all the wrong reasons, a Forbes Report reads. Last week the utility NextEra Energy NEE...

Odu’a posts N890m profit, declares N320m dividend

THE Odu’a Investment Company Limited has stated it posted N890 million profit before tax, as it declared dividend of N320 million for the shareholders for the 2019...

NNPC engages marketers over gas for vehicles

  The Nigerian National Petroleum Corporation (NNPC) has engaged petroleum products, marketers, on the sale of Liquefied Petroleum Gas (LPG) and Compressed Natural...

NCC partners MOPPAN, set to re-introduce Hologram stamps

  The Nigerian Copyright Commission (NCC), in collaboration with stakeholders, will soon reintroduce the hologram scheme to boost copyright regulation and...

Atiku kicks against 2021 budget proposals

… Says it contravenes Fiscal Responsibility Act Former vice president of Nigeria, Atiku Abubakar, has asserted that the 2021 budget proposal contravenes the Fiscal...