Cash piles at downstream oil & gas firms are shrinking
Pressured by obligations to creditors and suppliers, retirement benefits, rising trade debt, and dividend payment, the once cash pile firms...
- Tuesday, June 09, 2026
BusinessDay
Pressured by obligations to creditors and suppliers, retirement benefits, rising trade debt, and dividend payment, the once cash pile firms...
Nigeria’s eleven electricity distribution companies (DisCos) may soon discover that a vast number of their customers have abandoned them, going...
Finally, Shell on June 7 lifted the force majeure on the Trans Forcados Pipeline, basically guarantying customers that it no...
Mobil Oil Plc reported a 99.28 per cent decline in net profit in the first quarter of this year compared...
Even the most ardent critic of the Buhari administration would admit that it has been making the right noises, and...
The country’s external reserves which currently stand at $30.28 billion as at June 8,2017, are expected to shore up the...
Oil headed for a third weekly drop as rising supplies from the U.S. to Nigeria showed that OPEC is still...
Jumoke Michael Ojo is the creative director and head master bar attendant of Mandies Cocktails Limited, a business focusing on...
Having passed the Petroleum Industry Governance Bill (PIGB), the first in a series of long awaited petroleum industry laws, the...