Dangote Refinery unveils N2.15trn IPO at N525 per share
Dangote Petroleum Refinery and Petrochemicals FZE on Monday unveiled a N2.15 trillion Initial Public Offer (IPO), offering Nigerians and other Africans an opportunity to acquire shares in the 700,000-barrel-per-day refinery. The offer comprises 4.1 billion ordinary shares at N525 per share, with a minimum subscription of 10 shares valued at N5,250. Chief Executive of the […]
Crisis looms in Rivers community over oil firms
Ubima community, home town of the Minister of Transportation, Mr Rotimi Amaechi, in Ikwerre local government area of Rivers state has advised two oil companies trying to resume operations in the area to endeavour to meet leaders of the area, saying that any backdoor arrangement could provoke untold crisis in the community.
Aiteo assembles legal team to tackle alleged politically motivated allegations
Aiteo Group, an indigenous Nigerian oil and gas company has set up a legal team to tackle various allegations suspected to be political in nature.
Goal of my administration is to empower the youths, Obaseki tells VLISCO Group
The Edo State Government has expressed readiness to partner with VLISCO Group to support skills acquisition programme for youths in the state, as part of efforts to tackle the scourge of human trafficking and slavery.
Alaghodaro Investment Summit: Conglomerates, MSMEs jostle for sponsorship deal
As preparations rev up for the maiden Edo State Alaghodaro Investment Summit, small, medium and large-scale companies are jostling for sponsorship slots of the high profile event which will host over 3000 participants.
Ayeni advocates more roles for private sector
The Chairman, Ibadan Electricity Distribution Company, IBEDC, Dr. Tunde Ayeni, has advocated more active roles for private sector operators as a way out of the prevailing economic challenges confronting the nation, describing the private sector as the engine room of economic growth and development.
