Business

Oando grows half year revenue to N2.1trn

Oando grows half year revenue to N2.1trn

Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
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NECA set to establish micro-finance for women’s business

NECA set to establish micro-finance for women’s business

Nigeria Employers Consultative Association, NECA’s Network of Entrepreneurial Women, NNEW, weekend said it planned to set up a Micro Finance before the end of January 2015, to cater for the business needs of women without asking for collaterals.

Nipco identifies workers as key to success

Nipco identifies workers as key to success

Nipco Plc, an integrated indigenous operator in the nation’s oil and gas industry, has identified its staff as a key component in its success story since it commenced commercial operations in 2004.

Why Afren CEO was sacked

Why Afren CEO was sacked

Facts have emerged that failure by the Chief Executive Officer, CEO, of Afren Plc, Mr. Osman Shahenshah, to report the company’s $400 million payment to Oriental Energy Resources, OER, may have led to his sack.