Business
Nigeria Revokes Addax Petroleum’s Four Oil Blocks for Non-performance
Nigeria’s Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OMLs) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company. The affected
Man City Lose £126m in 2020 Due to Pandemic
Manchester City have revealed the full impact of the COVID-19 pandemic on the club by reporting a net loss of £126 million for the 2019-20 season — a year after
Dangote reiterates commitment to agric development
Dangote Industries Limited has reiterated its commitment to partnering with various tiers of governments through investment to build a sustainable and inclusive economy The post Dangote reiterates commitment to agric
Stock market capitalisation plunges by N78 billion
Following losses by most blue-chip stocks, the Nigerian Stock Exchange (NSE) sustained a sliding profile at the opening of the week yesterday, leading to a fall in market capitalisation by
Poor access to electricity raises production costs as firms rely on self-generation
With approximately 53.3% of firms in sub-Saharan Africa engaging in electricity self-generation, the World Bank has said that the lack of reliable power is a significant constraint The post Poor
Computer professionals want digital technologies prioritised
Computer Professionals (Registration Council of Nigeria) (CPN) has stressed the need for Nigeria to prioritise digital technologies to sustain the growth of the economy. The post Computer professionals want digital
I have a natural entrepreneurial spirit – Okpala, Kobobid CTO
Mr. Chiedu Okpala Says Kobo Auctions here to stay Mr. Chiedu Okpala is the Chief Technology Officer(CTO) of Kokobid. In this interview, OKpala speaks about growing up, his professional background
Nigeria loses $18bn annually to tax evasion, money laundering, others ― CISLAC
By Bose Adelaja Against the backdrop of corrupt practices in Nigeria, Civil Society Legislative Advocacy Center CISLAC, on Tuesday, lamented the rising increase in corruption in Nigeria saying the country
FG can leverage derivative market to hedge against oil price volatility – FMDQ
By Peter Egwuatu FMDQ Securities Exchange Limited has disclosed that the federal government could leverage derivative product to hedge against crude oil price volatility, just as the global gross market
Labour, APM Terminals meet to avert industrial unrest over replacement of Nigerians with foreigners
By Victor Ahiuma-Young The management of the largest containers in Africa, AMP Terminals, and the leaders of Maritime Workers of Nigeria, MWUN, Tuesday began a marathon meeting to avert looming
