Month: October 2019
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Business Insight
African Development Bank shareholders approve landmark $115bn capital increase
At an extraordinary shareholders’ meeting today in Abidjan, Governors of the African Development Bank, representing shareholders from 80 countries, approved…
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Business Insight
DPR warns oil marketers against diversion, price hike
The Department of Petroleum Resources (DPR) in Cross River has warned depot owners and marketers to desist from diversion of…
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Business Insight
Oando Plc reports 18.1% decline in revenue, posts N13bn net profit in Q3
Oando Plc has reported a net profit of N13.064 billion in its unaudited results for the nine months period ended…
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Business Insight
Equities market gains 0.17% to close trading for October on a positive note
The Nigerian equities market gained 0.17 percent on Thursday, October 31, 2019, amid bargain hunting activities to close the trading…
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Business Insight
Ahsani brothers plead guilty to vast bribery scheme
Two brothers from the Ahsani family, who ran Monaco-based oil and gas consultancy Unaoil, have pleaded guilty in the United…
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Business Insight
NNPC to partner with Aramco to revamp Nigerian refineries
Nigerian President Muhammadu Buhari said Nigerian National Petroleum Corp. and Saudi Aramco will collaborate in revamping refineries in Africa’s top…
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Business Insight
SON seals electronic shops in Suleija for standards infractions
Following myriads of complaints from Consumers in and around Suleija, Niger State, a team of Standards Organisation of Nigeria (SON)…
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Business Insight
Nestle Sales Academy graduates pioneer students
Nestlé Nigeria has celebrated the 41 pioneer graduates of Nestlé Sales Academy, a programme jointly run by the Lagos Business…
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Business Insight
Twitter to ban political advertising globally, beginning 22 November
Twitter announced on Wednesday it would ban political advertising globally on its platform, responding to growing criticism over misinformation from…
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Business Insight
Ecobank offers free access charge on *326# USSD Short Code
Ecobank Nigeria has announced that access to its *326# Unstructured Supplementary Service Data (USSD) is at zero cost to the…
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