Our reporter/ There seems to be no respite for Nigerians suffering from the realities of President Tinubu’s harsh economic policies as the country’s headline inflation rate rose to 34.60% in…
Read More No respite for Nigerians as food prices rise, inflation surges to 34.6%
Our reporter/ Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, on Monday announced a final investment decision (FID) on Bonga North, a deep-water project off the…
Read More Shell announces investment in Bonga north deep-water project
The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks found guilty of giving out illegal flow of mint naira notes to currency hawkers…
Read More CBN imposes N150m fine on Banks releasing new notes to hawkers
Our reporter/ First Bank Nigeria Ltd on Friday evening in a terse statement denied allegations of fraud levelled against it by an online publication [ Not Alabingo.com]. According to the…
Read More First Bank denies fraud allegations
Our reporter/ Seplat Energy Plc has announced that it has completed its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. The company described the transaction as transformative, more than…
Read More Seplat Energy completes acquisition of MPNU from ExxonMobil