The equities market continued its bearish sentiment on Thursday as investors lost N64 billion at the close of the day’s trading. This followed the dip in the share prices of …
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Oando acquires NAOC from Italian Eni
Nigeria’s integrated oil company, Oando Plc has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783 million. The company disclosed this in a Corporate Disclosure sent …
Read More »Bureaucracies won’t slow Bakassi seaport project, says Oyetola
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has assured Cross River State Governor, Bassey Otu, that he would not allow bureaucracies to slow down the actualisation of …
Read More »Nigerians lambast Kyari over S’Arabia trip amid fuel scarcity
Nigerians have expressed anger over the recent trip of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, to Saudi Arabia for religious activities …
Read More »Business conditions will improve soon – CBN
Business owners are optimistic that the conditions for doing business in Nigeria will improve in August 2024, and the following six months, the Central Bank of Nigeria has stated. …
Read More »Trustee Drugs unveils healthcare AI app
Pharmaceutical company, Trustee Drugs Inc. has launched a healthcare Artificial Intelligence application, Trust HelpCare, to transform health management in Nigeria. According to a statement by Trustee Drugs, Trust HelpCare …
Read More »Firms collaborate to reward entrepreneurs
In a bid to recognise and reward young business owners contributing to the economic growth of Lagos State, Acme Multimedia Integration, LAPO Microfinance Bank Plc, and Grand Oak have …
Read More »Coy pledges to boost Lagos real estate market
Urban Living Development has reiterated its commitment to redefining Lagos’s real estate landscape. According to a statement on Wednesday, the firm also unveiled its latest project, Mega Bungalows, in …
Read More »NAICOM managing ailing insurance firms – Commissioner
The Commissioner for Insurance/Chief Executive Officer of the National Insurance Commission, Olusegun Omosehin, has revealed that there are some ailing entities in the sector that the regulator is managing. …
Read More »Revenue losses affecting oil sector investments – NEITI
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Dr Ogbonnaya Orji, has said that the continued loss of revenue in the oil sector due to oil theft, …
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