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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.
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The stock market closed on a negative note on Tuesday, reversing the gains recorded in the previous trading session as investors lost N599 billion.
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The National Economic Council (NEC) has approved the refinancing of NNPC Limited’s $3.3 billion oil-backed pre-export finance facility through a new $4.5 billion arrangement.
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By Peter Egwuatu United Capital Plc, has indicated that interest rate in Nigeria is expected to remain high at the backdrop of inflationary pressures in the second half of 2026 H2’26. Speaking at its investor relations roundtable, held in Lagos, with the theme: “Decoding performance insights into United Capital Growth Drives and outlook”, the company’s Group […]
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By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha Chairman of Heirs Holdings, Mr. Tony Elumelu, has endorsed Delta State as one of Nigeria’s emerging investment destinations, declaring that the state is ready for profitable investments while calling for a partnership with the state government to unlock its huge power potential. Speaking at the […]
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…Advocates healthy rivalry among states …Says comparative advantage holds key to prosperity By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha ASABA—Vice President Kashim Shettima, Monday, urged local and foreign investors to take advantage of Delta State’s enormous economic potential, declaring that healthy competition among states, driven by their comparative advantages, remains the surest […]
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“These opportunities were not available 10 or 15 years ago. The question is whether we will seize them or allow them to go elsewhere”
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