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NIGERIAN BUSINESS NEWS
For years, there have been disagreements between domestic airline operators and the Federal Government over the supposed self-inflated Bilateral Air Services Agreement with foreign countries. The announcement of Air Peace as Nigeria's flag carrier on Lagos-Dubai air route revived the campaign to restrict foreign airlines' operation.
Investors and stakeholders are excited by the Federal Government's planned divestment of its stake in Joint Oil Ventures (JV) with private oil firms.
Nigerian Bottling Company (NBC) has reacted to the directive issued by the National Agency for Food and Drug Administration and Control (NAFDAC) to recall the company's packaged bottled water 'Eva'.
Barely 3 days after suspending the shares of 11 firms, including Conoil Plc, @nsenigeria has lifted the suspension on the company's shares. Here's why.
The Securities and Exchange Commission (SEC) has moved to find an enduring solution to the perennial unclaimed dividend issue.
Leading indigenous Oil and Gas engineering, procurement, construction, and Commissioning (EPCC) Company, Nestoil Group, has demanded that the Federal Government grant full liberty to oil and gas firms to operate a free market system in the industry.
All things being equal, the shareholders of Conoil Plc will get a dividend payment of N2 per share...
The Nigerian Stock Exchange (NSE) ended Thursday’s trading session in negative territory. The All Share Index closed at 29,300.09 basis points, down 0.26%.
In another desperate attempt to increase lending to the real sector, the Central Bank of Nigeria (CBN) came out with guidelines to mandate commercial banks to direct credit to real sectors of the economy particularly small and medium scale enterprises (SMEs).
The NNPC has condemned the illegal activities of pipeline vandals in Nigeria, while reacting to the Lagos pipeline explosion in the Ijegun suburb of the states' largest LGA, in the early hours of Thursday. @nnpcgroup
Prof. Bolaji Owasanoye, has revealed plans to partner with AMCON towards the recovery of the funds owed to the corporation by its obligors
Nigeria's oil and gas sector is expected to attract $48.4 billion (about N17.29 trillion) out of the industry's $194 billion (about N69.84 trillion) capital investment flow into Africa by 2025. This is according to @NNPCgroup.