IPO: Dangote Petroleum Refinery extends offer period by two weeks
A Nigerian oil refinery owned by Africa's richest man is extending the deadline for its initial public offering in order to broaden participation, its owner said Monday.
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.
We have lost 50% revenue due to GAT – Bi-Courtney
The management of Bi-Courtney Aviation Services Limited , BASL, operator of the Murtala Mohammed Airport terminal two, MMA2, Lagos, yesterday said the organization has lost fifty percent revenue that is supposed to be accrued to Bi-Courtney due to the opening and operation of General Aviation Terminal, GAT, by the Federal Airport Authority of Nigeria, FAAN.
Johnathan’s inability to control crude oil theft grounded our economy – Gov Aregbesola
PEEVED by the magnitude of undeclared crude oil and gas during the administration of former President Goodluck Jonathan, Governor of Osun State, Rauf Aregbesola has said the inability of the previous administration to control theft in the sector wrecked the Nigerian economy leading to recession.
Breaking: FG to commence crude oil tracking by 2019
The Federal Government, Moday, stated that from 2019, the country would begin tracking Nigeria’s crude oil and would be able to account for every drop of the commodity produced in the country.
Excess liquidity to persist as N214bn inflow boost interbank
THE interbank money market will this week enjoy inflow of N214 billion which will reinforce the volume of idle cash (excess liquidity) in the market leading to further moderation in cost of funds.
