Business

Oriental Energy in trouble over $1.5m debt, court restrains oil firm

A Federal High Court in Lagos has restrained Oriental Energy Resources Limited from withdrawing, transferring, removing any funds, properties, or…

4 years ago

Investors lose N312bn as stocks’ bearish position persists

The Nigerian equity market on Monday extended a negative position as it recorded losses in some high capitalised stocks such…

4 years ago

Ranking: Zenith Bank is Nigeria’s No 1 bank with $2.75bn capital

For the 13th consecutive year, Zenith Bank Plc has retained its position as the number one Tier-1 bank in Nigeria…

4 years ago

Kano DisCo appoints Dangana MD/CEO, Tukur as Board chair

Alhaji Ahmed Dangana has been appointed as the new managing director/chief executive officer of Kano Electricity Distribution Company Plc. (KEDCO).…

4 years ago

FG to spend N6.7trn on petrol subsidy in 2023

The Federal Government has said it would spend N6.7 trillion on petrol subsidy payments in 2023. The Minister of Finance,…

4 years ago

Zenith Bank: Stakeholders seek support for Nigeria’s non-oil export sector

Stakeholders have called for support of Nigeria’s non-oil export sector for economic rejuvenation. They made the call at the 7th…

4 years ago

Dangote Industries completes N187.6bn bond issuance

Dangote Industries Ltd (DIL) has announced the successful completion of the company’s N187.6 billion series 1 bond issuance. The bond…

4 years ago

Dana Air makes emergency landing, grounds aircraft

An Abuja-bound Boeing 737 aircraft with registration mark 5N DNA of Dana Air had an emergency landing on Tuesday. The…

4 years ago

Airlines groan, seek removal of 5% fuel surcharge

The Airline Operators of Nigeria (AON) has lamented the harsh business environment threatening their operations. The airline operators, who are…

4 years ago

Court overrules NAICOM on new capital base for insurance firms

The Federal High Court in Lagos has told the National Insurance Commission (NAICOM) to halt the increment in the statutory…

4 years ago

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