7-Up’s major shareholders to buy shares held by the minors

Shareholders of Seven-Up Bottling Company Plc, on Thursday, approved a plan by the majority shareholder, Affelka SA to acquire the outstanding 26.8 per cent...

NNPC says supply to power plants not affected by pipeline explosion

The Nigerian National Petroleum Corporation, NNPC, on Friday explained that routine gas supply for power generation is not affected by the fresh fire incident...

Edo state, SINOPEC sign MoU on 5,500bpd modular refinery

Edo State Governor, Godwin Obaseki, yesterday in China, expanded the portfolio of foreign investments in the state, following the signing of a Memorandum of...

Shell completes sale of Hong Kong, Macau LPG marketing business

Shell has completed the sale of the first phase of its Hong Kong and Macau liquefied petroleum gas (LPG) marketing business to DCC LPG...

NNPC assures motorist that there’s enough petrol products

The Nigerian National Petroleum Corporation, NNPC, on Thursday in Abuja urged motorists not to engage in panic buying of any petroleum products. A statement by...

Walmart starting pay rises to $11 an hour, including bonuses

Walmart, the world's largest private employer, is boosting its starting salary for U.S. workers to $11 an hour, handing out one-time cash bonuses to...
NNPC

254 firms bids for purchase of Nigerian crude grades

Two hundred and fifty four firms are currently jostling to win the juicy contract of crude oil lifting for 2018, midwifed by the Nigerian...

‘Flour Mills of Nigeria’ sign off opening for ₦40 billion rights...

Flour Mills of Nigeria Plc has rounded off pre-offer processes and signed off documentation for its ₦39.9 billion rights issue, setting the stage for...

T-Mobile adds over 5 million customers in 2017

T-Mobile US Inc said on Tuesday it added more than 5 million net customers in 2017, the fourth straight year it has achieved these...

NUPENG calls for rehabilitation of refineries to end recurring fuel scarcity

The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday called for the rehabilitation of the nation’s refineries to end the recurring fuel...

We’ve right strategies to reduce debts on our balance sheet –...

As the country is officially out of recession, it is yet to reflect in the purchasing power of consumers. According to Mr. Peter Ndegwa, the...

WorldRemit raises $40m, targets to serve 10m customers

Digital money transfer service, WorldRemit, has raised $40 million to drive its next phase of global growth, aiming to serve 10 million customers connected...

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