Shell to Sell Nigeria Onshore Oil Business for $1.3bn
Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion. If approved by the governmen
Business
All the recent business news in Nigeria, economy and industry updates.
Nigeria lost N5trn to tax holidays granted 34 companies – Report
The Oxfam in Nigeria, Civil Society Legislative Advocacy Centre (CISLAC) and Connected Development (CODE) have said that Nigeria lost approximately N5
NRC moves to revive old narrow gauge networks
The Nigerian Railway Corporation (NRC) has commenced moves to reactivate the old narrow gauge networks with the Eastern line already at an advanced st
MOFI takes over FG’s stake in 11 DisCos
The Ministry of Finance Incorporated (MOFI) has formally taken over federal government’s equity holdings in 11 successor Electricity Distribution Comp
Access Holdings acquires Megatech Insurance Brokers
Access Holdings Plc, yesterday, said it has obtained all required regulatory approvals to acquire Megatech Insurance Brokers Ltd. The Company Secretar