The Managing director of the Transmission Company of Nigeria, TCN, Mr Gur Mohammed has been relieved of his position. Aaron Artimas, spokesman of the Federal Minister of Power, Mamman Sale who announced the sack, Wednesday, May 20,2020 said that Mr Mohammed sack took immediate effect and he would be replaced by Engineer Sule Ahmed Abdulaziz, […]Continue Reading
ExxonMobil (NYSE: XOM) reported a $610 million loss in the first quarter, the first loss in more than three decades ,April 8. The supermajor said it would idle 75 percent of its rigs in the Permian basin, where it will concentrate its cuts because of the short-cycle nature of drilling. It also projects that spending […]Continue Reading
By Sanya Ademiluyi Access Bank of Nigeria Plc is offering its shareholders a return of 40 kobo per ordinary for the 2019 trading year. Last year,the bank only offered 25 kobo per share to investors for the 2018 trading year. Against the background of spirited measures to cope with the covid19 pandemic, the bank has […]Continue Reading
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President Muhammadu Buhari has agreed to restore the Export Expansion Grant ,EEG, which was suspended early last year, Segun Awolowo, Chief executive of Nigerian Export Promotion Council of Nigeria ,NEPC has said. Awolowo who was speaking during a fact-finding visit of the Senate Committee on Trade and Investment to the headquarters of NEPC in Abuja […]Continue Reading
By Sanya Ademiluyi One of the country’s leading airlines, Aero-Contractors has resumed flight operations after four months on the ground. Aero Contractors airlines on Tuesday, December 20,2016,in a statement signed by its Chief Executive, Fola Akinkuotu announced the resumption of its scheduled services across the country from December 22. Akinkuotu said that the Continue Reading