Kenyan e-Logistics company, Lori, has officially announced its expansion to Nigeria in a bid to cement its footprint across Africa. The company, which is the largest eLogistics service provider in East Africa, launched in Kenya in 2016 to seamlessly connect…
Denis Muilenberg, the Chief Executive Officer of Boeing, has said that the company would not experience financial fallout following the grounding of its 737 Max plane. He also stated that the grounding of its 737 Max air craft will not…
The attack on Oil facilities in Saudi Arabia has left the Organisation of Petroleum Exporting countries (OPEC), with just 940,000 barrels per day of extra reserve to meet demand, Reuters said in a report Monday. According to the agency, Nigeria’s…
The Nigeria Extractive Industries Transparency Initiative has released the report on a pilot study that focuses exclusively and extensively on the sale of Nigeria’s share of crude oil and gas produced in 2017. The report titled “pilot study on commodity…
Ndu Ughamadu, Spokesperson for the Nigeria National Petroleum Corporation (NNPC), says its pipelines were breached 106 times in June, an increase from 60 vandalised points in May. He said this in a statement Sunday, as the corporation released its 47th monthly…
Following the recent swearing-in of new ministers by President Muhammadu Buhari, capital market operators have asked the new ministers to save the country’s economy from collapse. Sola Oni, chief executive officer, Sofunix Investments and communications tasked the ministers to immediately…
...According to the report, an estimated seven million litres is being smuggled to neighbouring African countries, Guardian Nigeria reports while 45 million litres are eventually circulated within the country.
15 oil companies have been selected by the Nigerian National Petroleum Corporation (NNPC) to do the lifting of oil for Nigeria for 2019 NNPC released the list of 15 companies on Sunday after screening 132 local and international firms that submitted…
After several hours of uncertainties by some passengers of British Airways from London and Lagos, it has been confirmed that the airline has eventually cancelled its Lagos bound flight. The cancelation also affected its Lagos-Heathrow flight with some of the…
The Union Bank has begun the process of receiving entries into its 2019 edTech Challenge which aims at boosting the education sector through innovative, technology-driven ideas. The programme is open to students, teachers, developers, designers and fintech or a player…
