Dangote Cement Smiles To Bank With N74.7 Billion Profit In 2015 First Quarter

Nigeria’s largest cement producer, Dangote Cement has announced a gross profit of N74.7 billion for the three months ended 31st March 2015, indicating an...

Power Sector: Namadi Sambo Insists Government’s Actions Dictated By Sound Professional Advice

Vice President Mohammed Namadi Sambo has made it clear that all decisions and project implementations in both the Niger Delta Power Holding Company (NDPHC)...

For 2 Consecutive Years, Lekoil Runs At N6 Billion Loss

Lekoil Limited has announced a loss of $11.9 million, about N2.38 billion for its 2014 financial year. With this performance, Lekoil, an oil and...

MTN Foundation Celebrates A Decade Of Enriching Lives

With its pioneering status as the first Foundation to be established by a Nigerian telecommunication company, MTN Foundation, the Corporate Social Responsibility vehicle of...

Governor Uduaghan Bags Fellow Of Nigerian Institute Of Management

The Nigeria Institute for Management (NIM) has conferred its Fellowship on Delta State Governor, Dr. Emmanuel Uduaghan. The President of NIM and chairman of Council,...

How Investors In Power Sector Messed Nigeria Up – Senate Committee

The Senate Committee on Privatisation has said that most technical partners that bought the country’s power assets did not bring one kobo thereby leading...

Ecobank, First Bank, Others Jostle For N1.8 Billion First Deepwater Discovery Subsidy Fund

Information reaching us has indicated that some leading banks, including First bank, Ecobank Plc and no fewer than four others companies are now jostling...

Company Boss Asks Government To Strengthen Local Content Law To Encourage Active Participation Of...

The chairman of Lee Engineering and Construction Company, Chief Leemon Ikpea, has called on the Nigeria Government to further strengthen the local content law...

Nigeria Lives On Borrowing Now, Finance Minister Confesses

Minister of Finance, Ngozi Okonjo-Iweala, has confirmed that the Federal Government has borrowed about N473billion to pay salaries and fund the 2015 budget, blaming...

Fuel Scarcity May End Soon, As Oil Marketers Resolve Subsidy Controversy With Government

There are indications that soon, the nation-wide fuel scarcity and crisis would be a thing of the past, as the Major Oil Marketers have...
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