The Nigerian Minister of State for Petroleum Resources and Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has announced that the Port Harcourt Refining Company and the Warri Refining and Petrochemical Company are now producing a combined volume of seven million litres of petrol daily . . .
Continue reading “PH & Warri refineries now producing petrol – Kachikwu”
Access Bank on Monday posted a profit after tax of N19.4 billion for the first quarter ended March 31, 2016, according to the company’s unaudited . . .
Continue reading “Access Bank Records N19.4 Q1 Profit”
Dangote Sugar Refinery Plc has recorded a group turnover of N101bn in 2015, a seven per cent increase over the turnover of N95bn in 2014 . . .
Continue reading “Dangote Sugar grows turnover by N6bn”
The Nigeria Liquefied Natural Gas (NLNG) may lose its high ranking to growing competition, if urgent actions were not taken to address the sagging investment profile in the sector . . .
Continue reading “Nigeria may lose LNG high production ranking – CEO NLNG”
Some divided stakeholders in Nigeria say the policy may ease business and stifle local firms . . .
The Federal Government’s recent currency swap deal with China holds both bright prospects and grave implications for Nigeria even as the Naira inched up against the Dollar at the weekend at the parallel market . . .
Continue reading “Nigeria’s currency swap deal with China: Gains & pitfalls”