Category: Business
AMCON intensifies asset recovery efforts, enlists international asset tracers
In a bold move to recover outstanding debts of nearly N5 trillion, the Asset Management Corporation of Nigeria, AMCON, has announced plans to engage i [...]
All you need to know about court’s approval of OVH Energy Marketing Ltd to take over NNPC Retail
NNPC Retail, the downstream arm of the Nigerian National Petroleum Company Limited, has ceased to exist after a court-approved transfer of its ownersh [...]
Oando acquires Agip Oil company for $783m
Oando Plc said it has completed the acquisition of 100 per cent shareholding interest in the Nigerian Agip Oil Company (NAOC) from Eni, for a total co [...]
NNPC hijacked by corporate cabals around Tinubu, says Atiku
Atiku Abubakar, former vice-president, says the Nigerian National Petroleum Company (NNPC) Limited has been hijacked by corporate cabals around Presid [...]
NBA says domestic refining will address fuel scarcity, queue
The Nigerian Bar Association has called for the full implementation of the directive of President Bola Ahmed Tinubu on the supply of crude to Dangote [...]
1,500 Osun residents benefit from Fidelity good bank outreach
Over 1,500 residents made up of women, children, widows, and the elderly have benefited from the one-day feeding program organized by Fidelity Bank in [...]
Nigerian Stock Exchange rates Fidelity Bank highest on corporate governance
Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requ [...]
Chinese firm seizes Nigeria’s property in UK, lists them on eBay for sale
A Chinese investment group which is in a hurry to claim up to $70 million in arbitration awards from Nigeria, has finalised its decision to put two re [...]
NNPC finally confirms payments after FG vehemently denied return of petrol subsidy
The Nigerian National Petroleum Company (NNPC) Limited says the federal government owes it N7.8 trillion for petrol subsidy.
NNPC’s disclosure come [...]
Union Bank reports 20% growth in PBT H1, 2024, despite CBN’s intervention
Despite the challenging environment following the Central Bank of Nigeria's intervention in January 2024, which led to heightened customer concerns, U [...]