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Shell cuts dividend as oil demand collapses

Royal Dutch Shell RDSa cuts its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme...

Clearing agents begin strike over ‘illegal’ demurrage, storage charges

Clearing agents at the Lagos sea ports, on Thursday, embarked on strike over the refusal of terminal operators and shipping firms to waive demurrage...

African Airlines Traffic Falls by 43%

The International Air Transport Association (IATA) has said that African airlines’ traffic fell by 42.8 per cent in March, which was a huge decline...

Access Bank Cautions Customers against Fraud

Access Bank Plc has implored its customers to be vigilant due to the rising incidence of fraud. The bank gave the advice in a statement...

9.5m Nigerians Use Our USSD Banking Service, Says FirstBank

First Bank of Nigeria Limited has announced that its Unstructured Supplementary Service Data (USSD), Quick Banking service has hit over 9.5 million customers. The bank...

CBN resumes dollar sales for SMEs, school fees

The Central Bank of Nigeria (CBN) has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay...

NLNG restates commitment to fight against COVID-19

Nigeria LNG Limited (NLNG) has restated its support for the fight against the Coronavirus (COVID-19) pandemic. It urged adherence to measures to curtail the...

‘Agip operates with best safety practices’

Nigerian Agip Oil Company Limited (NAOC) is ensuring safety of personnel and facilities in its locations. According to the spokesman, Folu Olapade, prior to the...

‘No agreement yet on free electricity’

NO decision has been taken on the proposed House of Representatives’ two- month free electricity for Nigerians, Eko Electricity Distribution Company (EKEDC) has stated. Its...

FrieslandCampina WAMCO donates N500m

FrieslandCampina WAMCO Nigeria Plc, makers of Peak and Three Crowns brands of milk, has donated N500 million to the Private Sector Coalition Against Covid-19...

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