Deepak Khilmani

These companies are partnering to take advantage of Nigeria’s flared gas

Two companies - Powergas Nigeria and European Technologies Africa- are coming together to develop an innovation that will see compressed natural gas (CNG) serve...

Seplat eyes more revenue in 2018 with gas business

Seplat Petroleum Development Company Plc has revealed plans to focus more on expanding its domestic natural gas business to improve its profitability. ABC Orjiako, Chairman...

Oando set to splash $36million on new Gas Compression Plants

Gas production is set to increase by 20 million cubic feet as Oando Group announced plans to invest $36 million, about N7.2 billion, in...

Deal: GTBank To Acquire 70% Stake In Kenyan Bank

Guaranty Trust Bank Plc (GTBank)  Thursday said it had reached an agreement to acquire a 70 per cent stake in Kenya's Fina Bank Limited...
Abdulsamad Isyaku Rabiu

BUA Cement considering listing on the Nigerian Stock Exchange

Abdulsamad Rabiu, founder BUA group has revealed plans by his group to list the cement segment of the company on the Nigerian Stock Exchange as...

Unilever Is The No 1 Employer in South Africa For The Second Year Running

A CNBC article reports that Unilever SA is the number 1 employer of labour in South Africa for the second year running. This is...
Shell ENI

Court adjourns trial of Shell, Eni officials over bribery allegation in Nigeria

Executives of oil giants Royal Dutch Shell and Eni, are currently facing trial in Italy over the $1.1 billion Malabu...
FCMB

FCMB Attains ISO Certification for Quality Management

Leading financial services provider, First City Monument Bank (FCMB), has been awarded the prestigious International Organisation for Standardisation (ISO)9001:2015 certificate for Quality Management System.   The...

Century Petroleum confirms reverse merger with Ibeto Group

Century Petroleum has confirmed that it has entered into a binding letter of agreement with Ibeto Cement Company Limited. In the agreement which outlines the proposed...
LNG

NLNG to embark on $6 billion capacity development project

NLNG development project to create 12,000 new jobs in the Niger Delta.

CORPORATE ACTION: Regency Alliance Insurance Plc Appoints New Directors

Regiency Alliance Insuarance Plc has announced the appointment of Mr Clem Baiye, Mr Osayaba Matt Aikhionbare and Col Aminu Isah Kontagora (Rtd) as Directors. Their...

GOTV to spend N20 million on boxing tournament

Cable TV provider, GOTV plans to spend N20 million on a boxing tournament to be held September this year.  Previous winners of the tournament...
Youtube

YouTube experiences outage barely two weeks after Instagram

YouTube experiences outage for almost 2 hours
UAC, United Africa Company of Nigeria Plc

UAC of Nigeria Plc appoints Ezinwa as HR Director

United Africa Company of Nigeria Plc announces new appointment.

Honeywell Group launches accelerator, Itanna

Itanna will roll out four-month innovation programmes for tech-enabled Nigerian startups from its newly built Enterprise Factory in Lagos

Royal Exchange Plc to leverage digital transformation for market dominance.

Royal Exchange Plc has disclosed plans to re-strategize its major operations to enable the group and all its subsidiaries meet the growing demands and needs...

Technova Africa Group Limited Plans $200Million Line Pipe Mills In Area Of Edo

The Nigerian content initiative of the Federal Government has received a big boost as Technova Africa Group (TAG) Limited, will this week perform a...

UAC Restaurant’s Mr Biggs post 63% drop in profits, Gala also disappoints

UACN released its 2014 results showing a 9% increase in PAT for the group. The company follwed up that release with a breakdown of...

Felix Ohiwerei to step down from E tranzact International Plc

In a notice to the Nigerian Stock Exchange (NSE) today,  Etranzact International has announced the intention of its chairman Felix Ohiwerei to resign from...

Court Orders MTN Nigeria To Forfeit N8 billion to FG

In yet another battle for MTN Nigeria, a federal high court has granted a court order temporarily forfeiting the sum of N8 billion naira...
Agbami Oilfield

Statoil to pay Petrobras and Chevron $1.1bn, losses it’s 5% stake in Agbami Oilfield

Statoil has lost it all, including its 5% stake in Agbami Oilfield, just as a tribunal has ruled that the company will pay the sum of...

Oando Plc states willingness to cooperate with the SEC over forensic audit

Oando Plc in a statement released to the Nigerian Stock Exchange (NSE) today, expressed willingness to cooperate with the Securities and Exchange Commission (SEC)...
Dangote Cement

Dangote Cement opens N150 billion Commercial Paper Issuance

Dangote Cement Plc announced the issuance of its N150 billion Commercial Paper Issuance Programme. The paper will be listed on the FMDQ trading platform. In...

Flour Mills Nigeria Plc Diversifies Into Food Drink Production

1. FLOUR Mills of Nigeria Plc (FMN) has diversified into food drink production with its formal introduction of Kool2GO instant powdered drink into the...

“Get Ready To Sell Your Private Jets” – Oshiomhole Tell Owners

Gov. Adams Oshiomhole of Edo on Friday advised public officers and politicians to get rid of their private jets as...

Sterling Bank plans N30billion Tier 2 capital

Sterling Bank Plc says it is planning to raise between $100m (N20bn) and $150m (N30bn) in Tier 2 capital this year to fund its...

Consumer Watch: The Amazing $40k Samsung S9 85Inch UHD TV Hits Nigeria.

  Leader in digital media and digital convergence technologies, Samsung Electronics West Africa, has introduced its latest, super-sized Ultra High Definition TV, the S9, into...

Alert: Stanbic IBTC Post 106% Growth in Profits (2017 Q1)

Stanbic IBTC  today released unaudited Consolidated Interim Financial Statements for the three months period ended 31 March 2017.   Gross Earning N’million Q1 2017| N47,022 Q1 2016| N34,780 %age...

Ecobank launches Ecobank Mobile App to transform Banking in Africa

Ecobank (Ecobank.com) has launched the Ecobank Mobile App, an instant and convenient way of banking via the mobile phone. It is the first unified...
Air Peace

Air Peace explains delay in its international operation

Air Peace disclosed that the reason why it has not commenced international flight operations.
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