Seplat reports $59m dividend payout, assures shareholders of sustainable growth
The chairman, Seplat Petroleum Development Company Plc, A.B.C. Orjiako has said the Nigerian independent oil...
Energy
OPEC delivers three-quarters of record oil cut in May-survey
OPEC oil output hit the lowest in two decades in May as Saudi Arabia and...
Exit of TCN MD threatens $1.66bn transmission projects-Group
The removal of the Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman...
Exit of TCN MD threatens $1.66bn transmission projects-Group
The removal of the Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman...
MRS Oil Nigeria declares N1.7bn loss in one year
MRS Oil Nigeria Plc has reported a loss of N1.7billion in 2019, higher than N1.26billion...
Power sector receives boost as Buhari approves funding for Siemens power deal
As part of efforts to improve the nation’s power sector, President Muhammadu Buhari has approved...
European demand for new crude shipments still dormant
How Stagnant European demand is said to offer little hope to sellers of Nigerian crude...
Total announces results of 2020 capital increase reserved for employees
In accordance with its policy in favour of employee shareholding, the Board of Directors of...
Nigeria to launch bidding rounds for several oils blocks in 2020
Nigeria’s Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that the country...
Malabu Scandal: Groups caution Nigerian media on partisan, unprofessional reporting
A coalition of local and international anti-corruption groups has asked the Nigerian media “to protect...
