LAGOS – Diamond Bank says it plans to raise $550 million in debt or equity to expand its lending operations this year. The bank’s chief financial...
ABUJA – The Federal Government on Thursday declared that Manitoba Hydro International of Canada was never appointed as concessioneer over the Transmission Company of Nigeria, TCN....
LAGOS: A statement signed by the spokeman of the Nigeria Drug Law Enforcement Agency (NDLEA), Thursday, said that the agency had arrested a man for allegedly...
LAGOS – No fewer than 13 ships are waiting to discharge petroleum products at the various oil terminals within the Lagos ports, the Nigerian Ports Authority,...
LAGOS – Shell plans to temporarily shut a key oil pipeline in southern Nigeria later this month to repair damage caused by oil thieves, leading to...
LAGOS – Nigeria is estimated to have lost more than $40 billion or N6.3 trillion investments in the last two years as a result of uncertainties...
LAGOS- The Federal Government in a bid to curtail the epileptic power situation in the country has spent about N5 trillion ($31.45 billion) from 1999 till...
LONDON – listed Heritage Oil has entered a farm-in agreement with LNG Energy to earn a stake in two onshore licences in Papua New Guinea. Under...
PORT HARCOURT — The Defence Headquarters on Thursday said crude oil theft had dropped from 60,000 barrels per day (bpd) to 23,000. The Chief of Training...
ABUJA – Two Nigerian government agencies told a parliamentary hearing on Thursday that Royal Dutch Shell should pay a total of $11.5 billion in compensation for...