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NNPC pledges support for indigenous participation in Nigeria’s oil industry

The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and Gas Industry.

Oando conceived Lagos midstream jetty to save Nigeria $50 million annually

Across Africa, the Public Private Partnership (PPP) model has become increasingly critical as both a funding and operational mechanism for social and economic infrastructures

Oando releases strong Q3 results with N7.1bn profit

The economic recovery is also evident in the third-quarter results of the financial sector. Access Bank declared N365 billion earnings, a 33% increase from N275 billion in same period in 2016 while FBN Holdings declared N45.8 billion, up by 5.2% from N417.4 billion in Q3 2016 amongst others.

Nigeria well represented at the Future Investment in Saudi Arabia

The FII is a pioneering new global investment event aimed at connecting the world’s most influential business men and women, under the leadership of His Royal Highness Prince Mohammad bin Salman Al-Saud, Crown Prince, Deputy Prime Minister, Chairman of the Council of Economic and Development Affairs and Chairman of PIF.

Why we moved against Oando – SEC

The Securities and Exchange Commission (SEC) has accused the management of Oando Plc of declaring false financial statements and unrealised profits.

Why we suspended trading of Oando shares – NSE

The Nigerian Stock Exchange, NSE, on Wednesday clarified the suspension of trading in the shares of Oando plc for two days.

Shareholders give go ahead to all resolutions at Oando AGM

The Chairman of the Board of Directors, HRM Oba Michael A. Gbadebo, noted that the Company was going through a period of restructuring resulting from the prevailing global crisis in the oil and gas sector.

Oando posts N4.6 billion PAT in H1, 2017

Oando Plc, one of the Nigeria’s leading oil and gas companies, has declared a profit after tax (PAT) of N4.6 billion for the half year ended June 30, 2017, as against a loss of N26.9 billion in the corresponding period of 2016.

Recent Stories

Cristiano Ronaldo and Paulo Dybala have no problem playing together, insists Juventus head coach Maurizio Sarri.

Cristiano Ronaldo in historic 1,000th match against SPAL

Cristiano Ronaldo is set to make his 1,000th senior appearance of his illustrious career when Juventus travel to SPAL in Serie A today.
Carlo Ancelotti says Everton are ready for an acid test of their revival under his leadership as the Champions League hopefuls head to Arsenal on Sunday at the start of a tough run of games.

Everton face stern test of Carlo Ancelotti-led revival

Ancelotti’s side has taken 17 points from his eight Premier League matches in charge — a return bettered only by runaway Premier League leaders Liverpool (24) over the same period — and have moved from 15th to ninth since the Italian arrived in December.
Tottenham Hotspur have reportedly identified Ajax goalkeeper Andre Onana as suitable replacement for injured Hugo Lloris.

Report: Chelsea favourites in race to land Ajax goalkeeper Andre Onana

Daily Mail reported earlier this month that the Cameroon international is also understood to be interested in a move to Tottenham Hotspur, but it appears Frank Lampard’s men have moved ahead of them in the race.
Troops of 26 Brigade Garrison on patrol and escort duties of civilian merchants and commuters along Wala village and adjoining communities in Borno on Saturday had a fierce encounter with desperate and hungry Boko Haram terrorists’, who had laid an ambush, ready to pounce on food and other essentials.

Official: Soldiers kill 13 bandits in Zamfara, Kebbi

No fewer than 13 armed bandits have been killed by the military under Operation Hadarin Daji in several villages in the war theatre area covering the three states of Zamfara, Katsina and Kebbi.
Diogo Jota

Diogo Jota wanted by Manchester United this summer

The 23-year-old joined Wolves from Atletico Madrid for £11.72 million in 2018 after a year-long loan at the club.