Tony Elumelu Acquires 45 Percent Stake In OML17 Oil And Gas
Tony Elumelu has acquired a 45 percent participating interest in Nigerian oil licence OML 17 and related assets, through TNOG oil and gas limited...
NNPC Records $120.49 Million Crude Oil Receipt in September
The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month...
How Nigeria Lost N387 Million To Canadian Company In PHCN Privatization Scam – Senate
The Senate Committee on Public Account has been presented with startling reports of how the federal government lost the sum of N387million to a...
Polaris Bank Moves To Reward Customers N26 Million In Savings Promo
Polaris Bank has put up New Year plans to announce the first set of winners of its on-going nationwide savings promotional campaign, known as...
NNPC Vows To Focus More On Gas, Condensats, For Revenue Growth
The Nigerian National Petroleum Corporation (NNPC) has vowed to focuse more on gas, condensate and other revenue streams to tackle the revenue challenge arising...
Court Orders Emirates Airlines To Pay $1.630 Million Missing In Passenger’s Luggage
A Federal High Court in Lagos has ordered Emirates Airlines to pay $1.630 million to a businessman, Orji Prince Ikem, being the amount contained...
Nigeria Loses N5.4 Trillion In Tax Evasion By Multinational Companies – FIRS
Federal Inland Revenue Service (FIRS) has revealed how Nigeria lost about N5.4 trillion through tax evasion by multinational companies operating in Nigeria between 2007...
Dangote Falls, Loses $900 Million In 24 Hours
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote has witnessed his total net worth dropping by $900 million as his flagship company emerged the...
Saudi Crown Prince Introduces Revolution In Urban Living, Projects 380,000 Jobs
The Saudi Arabia Crown Prince, who doubles as Chairman of the NEOM Company Board of Directors, Mohammed bin Salman,
has announced THE LINE, a revolution in...
NNPC Seeks $1 Billion Loans To Refurbish Port Harcourt Refinery
There are indications are that the Nigerian National Petroleum Corporation (NNPC) is seeking to raise the sum of $1 billion to finance its moribund...
