Facebook profits Nosedive by 51% Facebook has reported quarterly profits sank 51 percent from a year earlier due to setting aside of $3 billion for an anticipated fine from US regulators. The leading social network logged a profit of $2.4 billion...

MTN Set for listing on NSE MTN Nigeria Communications (MTN) on Wednesday announced that it was ready for listing on the Nigerian Stock Exchange(NSE)having completed its conversion from a private company into a public company. The Chief Executive Officer of MTN,...

NLNG Explains N14.6trillion Revenue To FG …also Feud With NIMASA The Nigeria Liquefied Natural Gas (NLNG) Limited, has  explained the N14.6 trillion revenue to the federal government  just as it declared that ongoing legal tussle with Nigerian Maritime Administration and Safety...

NNPC/NPDC Unveils LPG Facilities to Boost LPG Consumption The Nigerian National Petroleum Corporation (NNPC) and its Exploration and Production subsidiary, Nigerian Petroleum Development Company (NPDC), are set to unveil the largest LPG and Propane Storage and Dispensing Facility in Oredo,...

IDSL Repositions for 90 Per cent Seismic Projects Market Share …. Deploys Ocean Bottom Nodal Technology for Three OMLs of SPDC The Integrated Data Services Limited (IDSL), the premier geological and geophysical subsidiary of the Nigerian National Petroleum Corporation (NNPC), has...

In Two Years, Nigeria Records $35bn Autonomous Inflows In two years, Nigeria recorded an autonomous inflow of $35bn through the Investors’ & Exporters’ FX Window, the Central Bank of Nigeria said. The CBN stated, “Since the establishment of the I&E Window...