Business

NNPC Confirms ExxonMobil, Seplat $1.28bn Asset Divestment Deal 

By Yahaya Umar  Nigerian National Petroleum Company Limited ,NNPC Ltd., announced the signing of a settlement agreement that facilitates the divestment of ExxonMobil’s stake in...

Crude Oil Prices Drop 1% On US Economic Worries

Crude oil prices eased by about 1%  on Wednesday on worries over weak US fuel demand and economic data that could cause the US...

Sterling Bank Targets N200bn Capital Ahead Of CBN’s Recapitalisation Deadline

Agency report Sterling Financial Holdings Company Plc is seeking the approval of its shareholders to raise N200bn fresh capital for its banking subsidiary through...

Nigeria Set to Host World’s Largest Tech Expo In 2025

By Blessing Otobong-Gabriel In a move to boost the country's tech sector, the Federal Government, through NITDA, has signed a Memorandum of Understanding, MOU, to...

NAMA Risks Facility Deterioration Over 50% Cut In Revenue

 ...African airlines record 10.6% cargo growth in April By Charles Ebi  Nigerian Airspace Management Agency ,NAMA, may have found itself in serious problems following a 50%...

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