SEC Inaugurates Securities Issuers Forum
By Tony Obiechina, Abuja The Securities and Exchange Commission (SEC) in collaboration with the Nigeria Employers’ Consultative Association (NECA) is set to inaugurate the Securities […]
Investment
Transcorp Plc Half-Year Performance Shows Profit Leaps by 713%
Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with […]
FG Cuts Price Of Gas-To-Power From $2.50/mmbtu To $2.18/mmbtu
The Federal Government, on Thursday said it has reviewed downward the price of gas-to-power from $2.50/mmbtu to $2.18/mmbtu for domestic supply obligation (DSO). In his […]
Global energy sector requires $12.6trn investment by 2045 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says the global energy sector requires about 12.6 trillion dollars investment cumulatively for development by 2045. The Secretary […]
Pension fund hits N12.66trn – PenCom
The National Pension Commision (PenCom) said pension fund assets had risen to N12.66 trillion as at June 30, with contributors under the Contributory Pension Scheme […]
Global private equity assets hit $4.50trn in 10 years — FMDQ
The Chief Executive Officer, FMDQ Group, Mr Bola Onadele, says that the global private equity Asset Under Management (AUM) has hit $4.50 trillion in the […]
NETCO posts N3.37bn profit, declares N400m dividend for 2020
The National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a profit before tax of N3.37 billion […]
NASS commends CAC on reform initiatives
The National Assembly has commended the reform initiatives of the Corporate Affairs Commission (CAC) geared towards improving ease of doing business initiative of the Federal […]
Afreximbank Backs Vista Group Acquisition of BICIGUI, BICIAB
By Tony Obiechina, Abuja African Export-Import Bank (Afreximbank) has closed a EUR 59.2 million Intra Africa Investment Finance Facility to finance Vista Group Holdings SA’s […]
BPE DG confident new YEDC investor will improve quality
By Tony Obiechina, Abuja The Director General of Bureau of Public Enterprises (BPE), Mr Alex Okoh has assured Quest Nigeria Limited, the New investor in […]