The Federal Government and the developers of the 540-megawatts Qua Iboe Power Plant signed a Power Purchase Agreement for the development of the $1.1bn electricity generation station on Thur... Read more
Oil prices rallied on Friday, sending the global crude benchmark to the $60 level for the first time in more than two years and setting the U.S. benchmark for the commodity up for the highes... Read more
Ani-Mumuney, Opadokun and Kosoko appointed non-Executive Directors of FBN Insurance Brokers FBN Holdings has posted Profit after tax of N45.8 billion for the nine months ended Septe... Read more
Access Bank Plc has announced its third quarter (Q3) results for 2017 which reflect the Bank’s ability to generate sustainable earnings despite the challenging operating environment. The r... Read more
Oando Plc has obtained an ex-parte order from the Federal High Court (FHC) with an interim order restraining the Nigerian Stock Exchange (NSE) from implementing a technical suspension on its... Read more
A Senate Ad Hoc Committee has revealed that 25 agencies have short changed the Federal Government to the tune of N1.695 trillion by deliberately refusing to remit revenue accrued to the Cons... Read more
The EFCC Chairman, Mr Ibrahim Magu, has said that the fight against corruption is becoming tougher, urging all Nigerians, including children, to use every weapon at their disposal to fight i... Read more
The Johannesburg Stock Exchange, JSE, on Thursday suspended trading in the shares of Nigerian oil company, Oando. According to a report by Premium Times, the suspension came after an order b... Read more
The Senate has asked President Muhammadu Buhari to appoint a separate Minister of Power to oversee the activities in the sector, Channels TV reports. The incumbent Power minister Babatunde... Read more
The 36 states of the federation spent N2.67 billion to service external debt in September. The amount is contained in a report obtained on Wednesday by the News Agency of Nigeria (NAN) from... Read more