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Nigerian integrated oil company Oando Plc has completed the acquisition of Eni subsidiary Nigerian Agip Oil Company (NAOC) for $783 million. The company disclosed this in a Corporate Disclosure sent to the Nigerian Exchange Group (NGX) on Thursday by Chief Compliance Officer, Ayotola Jagun. In a deal sealed at The Peninsula Hotel in London, Oando, which is listed on the …

Edo 2024: Building Connections, Empowering Communities; A Roadmap for Edo’s Prosperity Our vision for Edo State is to create a comprehensive network of durable roads that: – Unlocking economic potential and promoting growth – Improving lives and livelihoods – Connecting every corner of our state, promoting unity and inclusiveness To achieve this vision, we aim to: – Create opportunities for …

IYA TAO USES UBER FOR THE FIRST TIME AND LIVELY WAS THE DRIVER

The equity market continued its bearish sentiment on Thursday as investors lost N64 billion at the close of trading for the day. This follows the decline in share prices of shares such as TRANSCOHOT, CHAMS and ETERNA among others on the trading floor. After five hours of trading in the capital market, equity capitalization plunged to N54.9 trillion from N55.04 …

The naira fell against the US dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency weakened by N43 to trade at N1,586/$1, up from N1,543/$1 it was trading at on Wednesday. The intraday high and low prices recorded during the day were N1,603/$1 and N1,500/$1 respectively, indicating a slim spread of N103\$1. ALSO …

Football is about to reach another level in Ikorodu, a suburb of Lagos State, as the Igbogbo Stadium is close to completion, Sports247 reports. The stadium which will be a new addition to the number of stadiums in the state as football teams in Ikorodu and its environs will heave a sigh of relief as the completion of the stadium …