LAGOS-There are strong indications that Ecobank Nigeria is considering raising additional capital in order to boost its tier-1 capital. Ecobank Nigeria’s total capital adequacy ratio at...
Indorama Eleme Petrochemicals Limited (IEPL), Port Harcourt, and other companies under the Indorama operations in Nigeria contributed a total of $2.7 billion to the nation’s rebased...
ABUJA-A major step aimed at fast-tracking the Federal Government’s Gas Revolution Agenda was taken on Friday by the Nigerian National Petroleum Corporation, NNPC, with the establishment...
LAGOS-International Oil Companies (IOCs) playing in the Nigerian oil and gas space are showing divergent views on the attractiveness of assets as some are moving on...
LAGOS-The development of new oilfields across Africa look set to bring competition to Nigeria, Africa’s largest oil producer. The West African region has traditionally been an...
South Africa’s economy avoided slipping into a recession in the second quarter, as solid growth in the agriculture and financial industries outweighed a hammering in the...
LAGOS-A U.S. judge rejected Apple Inc’s latest bid for a permanent injunction against Samsung Electronics Co Ltd in another sign of the diminishing impact of the...
LAGOS-Nigeria’s timely containment of the Ebola Virus Disease (EVD) which has attracted huge commendation from the international community, including the World Health Organisation (WHO) is paying...
LAGOS-Oil explorer Afren Plc suspended two associate directors for receiving unauthorised payments for the benefit of its chief executive and COO, who have already been suspended....
LAGOS-There are indications that trade between Nigeria and Britain has potential to hit 20 billion pounds by year 2020 if government remains proactive and encourage business...
