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.
ECOWAS to spend $29bn on development projects in W/ Africa
ECOWAS on Wednesday said that it has concluded plans for sub-regional development projects worth 29.66 billion dollars for the period of 2018 to 2022.
FG processing release of Sukuk funds for road projects – DMO
The Debts Management Office (DMO) says Federal Government is processing the release of another funds to contractors working on the road projects.
2 oil wells in Shell’s field shut down in Bayelsa by community members
Some members of a community in Bayelsa on Wednesday disrupted oil production at Adibawa Oil field operated by Shell Petroleum Development Company (SPDC), shutting two oil wells.
Updated: Why Adeosun suspended DG SEC, two others over corrupt practices
The Minister of Finance, Mrs Kemi Adeosun has suspended the Director-General of the Securities and Exchange Commission (SEC), Mr Mounir Gwarzo, from office over allegations of financial misappropriation.
FG disengages SCC from maintenance of 75km Gurara pipeline contract
THE Federal Government Wednesday announced that it has disengaged SCC limited from the maintenance of the 75km Gurara pipeline project.
