ExxonMobil Loses $600M In Ist Quarter

April 22, 2020 428

Briefs Oil & Gas

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

31st AGM: Access Bank Offers 40kobo Dividend Per Share

April 20, 2020 542

Banking & Finance Briefs

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

Flour Mills of Nigeria Donates Over N2billion To Anti-Covid Efforts

April 17, 2020 401

Breaking News Briefs

FMN presenting some donationContinue Reading

Buhari Agrees to Restore Export Expansion Grant, EEG—Awolowo

January 12, 2017 436

Briefs Economy

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

Aero Contractors Resume Flights After 4 Months

December 25, 2016 366

Aviation Briefs

  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 airline Continue Reading

Med-View Starts Flights To Monrovia, Freetown

December 23, 2016 425

Aviation Briefs

Med-View a Nigerian airline has started flights to Monrovia and Freetown, capitals of Liberia and Sierra Leone, respectively. Med-View undertook its inaugural flight last week. with fun fare transporting some important personalities including the airline’s managing director, Muneer Bankole. The flight went to Accra ,Ghana, en-route to Monrovia, Liberia and subsequently, Continue Reading