FG targets additional 300,000bpd oil production with 2026 bid round
•Offers 37 blocks to investors, targets 500m barrels reserve addition Why 13 blocks returned to basket, NUPRC By Udeme Akpan & Obas Esiedesa The Federal Government yesterday said the ongoing 2025 Licensing Round is expected to deliver an additional 300,000 barrels per day (bpd) of crude oil and condensate production within three years Speaking at the […]
NSE debunks Dangote’s likely emergence as next NSE president
The Nigerian Stock Exchange (NSE) has denied speculations of the likely emergence of its First Vice President, Alhaji Aliko Dangote, as the President of its Council, come August 6, when the tenure of the current President is expected to elapse.
Oasis Insurance records N89mn profit in first quarter 2009
Oasis Insurance Plc has recorded a significant improvement in its bottom line in its first quarter ended, March 31, 2009 financial statement, declaring a profit after tax of N88.77 million.
Registrars blame courier companies for failure in offer processes
Registrars in the Nigerian capital market have blamed courier companies for majority of the woes faced by investors, quoted companies and other key stakeholders in the market, especially for the failures in public offers and rights issues and also for delays associated with the distribution of post-offer documents to stakeholders.
Cargo throughput drops as inadequate port infrastructures increase
The abject sate of the roads especially in around the Lagos Ports and environs has drastically reduced the cargo through put in the port.
Customs intercepts arms and ammunition at Tin-can port
THE Port and Terminal Multi-services Limited (PTML) Customs Command of the Nigeria Customs Service (NCS) has intercepted 76 round of live ammunition and a spent bullet concealed in two vehicles.
