Forte Oil Plc First Glance: Power Revenues Spur Impressive Q1-18 Results

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Update: Forte Oil Plc (“FO”) recently released Q1-2018 results, reporting group revenue of NGN39.81 billion (+20.63% vs. Q1-2017) and PAT of NGN2.96 billion (+57.23%...

LWC EMERGES THE WINNER OF AFRICA’S BEST PREMIUM QUALITY CLEAN WATER SOLUTION PROVIDER OF...

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Nigeria Lagos Water Corporation has emerged as the winner of Africa’s Best Premium Quality Clean Water Solution Provider of the year 2018. “This is in...

The Future of the Oil Industry in a World of Green Transportation

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As oil majors such as Shell and Total are starting to expand their holdings portfolios by investing in utility companies, the global oil demand...

International Criminal Court (ICC) President Concludes Official Visit to Nigeria

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President Eboe-Osuji underlined that the active support of States is crucial in re-energizing the mission of the International Criminal Court (ICC), of which Nigeria...

6 Takeaways from the Mobile World Congress 2018

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The Mobile World Congress 2018 in Barcelona (MWC), which wrapped up earlier this month, was immense. With over eight zones, the world’s leading tech brands...

Nigeria’s Cocoa Sector Anticipates a $290, 000 tons Rebound for the 2017-18 Mid-Crop

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In Nigeria, the operators of cocoa sector forecast a 15% increase in production during the 2017/2018 mid-crop, which begins by April / May. According to...

FirstBank MD & Management Visits Kwara Governor, Monarch (Pictures)

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The Managing Director/Chief Executive Officer of FirstBank, Dr Adesola Adeduntan, on Friday led some members of the bank’s executive management team on a courtesy visit to...

FLYDUBAI MARKS AFRICA EXPANSION WITH KINSHASA INAUGURAL (PICTURES)

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flydubai is the first national carrier for the UAE to create direct air links to the Congolese capital, Kinshasa... Dubai-based carrier launches daily flights...

DAILY INSIGHT – NIGERIA’S CURRENT INVESTMENT CLIMATE: WHAT’S THE OUTLOOK LIKE?

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Nigeria’s investment inflows have been largely dominated by Foreign Portfolio Investors (FPIs) compared to Foreign Direct Investments (FDIs). The pullback in FDIs inflow was...

First Bank Unveils Promo To Reward Verve Card Users

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FirstBank of Nigeria Limited, in partnership with Verve International, has announced a promotion to reward its customers for using their FirstBank Verve card to...

Weekly Insights: Bank Credit Increases in Q1 2018

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Nigerian banks have been allocating higher credits to different sectors of the economy in Q1 2018. The Credit Condition Survey Report (CCSR) of the...

Nigerian Breweries Trade Partners and the New Deal for the Consumers

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After a fulfilling business relationship in 2017, brewing giant, Nigerian Breweries Plc in an award ceremony last Friday in Lagos, celebrated its distributors and...