Updates

Aiteo emerges Nigeria’s leading oil & gas company with record 90kpod output in 1 year

March 10, 2017/Aiteo Group Integrated energy group Aiteo (http://AiteoGroup.com) has announced a peak production of 90kpod just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29. Aiteo acquired OML 29 in September, 2015 when oil major Shell Petroleum Development Company (SPDC) fully exited the […]

NBS Says NIPOST Reports N8.84 Billion Revenue in 2016

March 10, 2017/NBS Click here to download Annual Postal Services Data 2016 The Nigerian Postal Service earned a total sum of N8.84bn as revenue in 2016. Stamp Duty generated the highest amount of revenue of N4.09bn representing about 46.34% of the total revenue generated in the year. EMS/Speed post, Parcel […]

CBN Sustains Forex Supply to Date

Culled—Proshare 10/3/2017/CBN As more customers of banks and other business people overcome the earlier difficulties in obtaining forex for their transactions, and in a bid to sustain the tempo of foreign exchange supply to the interbank FOREX market and ensure liquidity, the Central Bank of Nigeria (CBN) today, Thursday, March […]