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NIGERIAN BUSINESS NEWS
On-demand transportation platform, Bolt, has launched Bolt for Business which is a new platform for corporate trips.
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to resume oil search in the Chad Basin as soon as it receive security clearance.
Money market fund has recorded the highest investment of N563.9 billion as the value of mutual fund investments hit N746.5 billion at the end of May 2019.
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The Nigerian Stock Exchange ended Thursday’s trading session in negative territory. The All Share Index closed at 29,765.31 basis points, down 0.02%.
Following the full acquisition by Prudent Energy Services Ltd, Forte Oil Plc has appointed Olumide Adeosun and Moshood Olajide as CEO and CFO, respectively.
Deloitte Touche Tohmatsu Limited has threatened to release the forensic audit it has against Oando Plc should it be pushed to do so.
The National Pension Commission (PENCOM) said it has concluded plans to begin verification of prospective retirees across some states in Nigeria.
The board of Dangote Sugar Refinery Plc has announced the appointment of Ravindra Singh Singhvi as its Acting Managing Director.
Moody’s Investors Service, a global credit rating agency, said Nigeria is not growing fast enough to meet up with its increasing population.
The Association of Nigerian Electricity Distributors has said that the recapitalisation of Discos will not work unless its investors see possible returns on their investments.
The board and management of 11 Plc, formerly Mobil Oil Nigeria Plc, have notified the Nigerian Stock Exchange of the appointment of a new Company Secretary in person of Mr. Olumayowa C. Meseko.