With India signing an agreement to import 0.6 million barrels of oil from the United States, Nigeria’s crude exports could further be threatened if new markets are not explored, a…
Read More Nigeria’s oil exports face further threat, 30 cargoes unsold
Rochas Okorocha, Imo State governor, has informed Emeka Ihedioha, governor-elect, that he has no constitutional powers to issue directives to financial Institutions in the state until he has been sworn…
Read More Okorocha fumes as Ihedioha directs banks to reveal dealings with state govt
President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation to take over the operatorship of the entire Oil Mining Lease 11 from Shell Petroleum Development Company. According to a…
Read More Buhari orders NNPC to take over operation of OML 11 from Shell
Despite the challenging operating environment, Zenith Bank surpassed analysts’ expectations as its profit-before-tax soared 38 per cent year-on-year to ₦231.7 billion in 2018. The bank grew profit-after-tax by 11.30 per…
Read More Zenith Bank beats analysts’ expectation, grows PBT 38% in 2018
The Economic and Financial Crimes Commission has reopened before the Federal High Court in Lagos, the 10-year fraud trial of a former Managing Director of the defunct Intercontinental Bank Plc,…
Read More 10 years on, EFCC reopens Erastus Akingbola’s trial