Mass Sack Looms in Oil Industry over N720b Debt
Modupe Gbadeyanka By Guardian Except the Federal Government pays all petroleum subsidy arrears of over $2 billion (N720 billion) owed…
August 2017
BREAKING: Evans Pleads Guilty to Kidnapping Charges
Dipo Olowookere By Dipo Olowookere Notorious kidnap kingpin, Mr Chukwudumeme Onwuamadike, also known as Evans, has pleaded guilty to the…
GCR Affirms FBN Merchant Bank Limited’s A-(NG) Rating
By Modupe Gbadeyanka Local rating agency, Global Credit Ratings (GCR) has affirmed the national scale ratings assigned to…
Pipeline Vandalism: 86 Cases Recorded in June—NNPC
By Modupe Gbadeyanka The Nigerian National Petroleum Corporation (NNPC) has revealed that in the month of June 2017,…
Stock Analysis: UBA Plc, Upward Revision to 2017F Estimates; BUY
By Cordros Research In its recently released H1-17 results, UBA recorded a significant growth in gross earnings (+34.51%…
The Uphill Battle for IGR Collection
By FBNQuest Research Our look today at state governments’ internally generated revenue (IGR) shows a decline in the…
Buhari is my Son, He Must Rule for 8 Years—Iwo Monarch Declares
By Modupe Gbadeyanka The Oluwo of Iwo land in Osun State, Oba AbdulRasheed Adewale Akanbi, has declared that…
NNPC Raises Gas Supply to Power Plants by 123%
By Modupe Gbadeyanka Daily average natural gas supply to the nation’s gas power plants has been increased by…
Delta Line Shares Divested to Make it Profitable—Okowa
By Modupe Gbadeyanka Delta State Governor, Mr Ifeanyi Okowa, has explained why his administration decided to divest shares…
NNPC Redeploys 55 Executives in Major Shake-Up
By Modupe Gbadeyanka No fewer than 55 members of the management of the Nigerian National Petroleum Corporation (NNPC)…