Caverton seeks magic wand to offset losses with NNPC deal
Caverton Offshore Support Group, through its subsidiary Caverton Shipping, has signed an agreement with NNPC’s maritime arm, NNPC Shipping. The...
- Saturday, June 06, 2026
BusinessDay
Caverton Offshore Support Group, through its subsidiary Caverton Shipping, has signed an agreement with NNPC’s maritime arm, NNPC Shipping. The...
Nestle Nigeria posted a net loss of N164.6 billion for the 2024 financial year. This marks a 107 percent decline...
Over the past 18 months, the Central Bank of Nigeria (CBN) has implemented policy corrections, market liberalisation, and enhanced transparency...
Only three Nigerian banks have any presence in Francophone West and Central Africa, despite Nigeria’s borders with these countries. UBA...
An assessment of selected Nigerian companies’ new net borrowings in 2024 indicates a decline in reliance on bank loans for...
As of February 21, the Nigerian Exchange had advanced by 5.41 percent year-to-date, with the All-Share Index closing at 108,497.40....
The majority shareholder in Airtel Africa, Bharti Airtel, has acquired an additional 4.45 percent stake in Airtel Africa. This additional...
Over the last five financial years, Oando has recorded a positive net operating cash flow only once, in 2023. This...
Oando Plc, whose stock was among the best performers last year, has recorded a positive net operating cash flow only...
Nigeria is looking to accelerate the development of its $257 billion non-associated gas (NAG) fields through tax credits, according to...