MX Oil Receives Offer To Trade Off Nigerian Assets
MX Oil on Monday announced the receipt of a formal offer from “a credible third party” for the whole of its Nigerian investment. according to the company,the value of the…
Shell Announces Re-Opening Of Nigeria’s Trans Niger Pipeline After Inferno
Royal Dutch Shell, on Monday, announced the re-opening of its Trans Niger Pipeline, or TNP, which carries Bonny Light crude oil to the export terminal. This pipeline had been out…
EFCC Is Investigating a South African Company For Its Investments In TCN
Sun International, a South African hotel and gaming group is being investigated by the Economic and Financial Crimes Commission (EFCC) for its initial investment in the Tourist Company of Nigeria…
These Are The 3 Areas Nigerian CFO’s Will Be Investing In
Financial advisory and audit firm, KPMG has released partial results of a survey on the outlook of the Nigerian economy for 2016 from the perspective of Chief Financial Officers of…
ROUT: These 5 Stocks Have Performed The Worst This January
It’s just January 26th and some stocks have lost more than they did in 2015 and double what the index as a whole has lost. Nairametrics takes a look at…
Courteville Issues Profit Warning One Year After Blowing N1 billion On New Head Office
Courteville Business Solutions has issued a profit warning claiming that they expect their 2015 full year results to be bad. According to the company, they expect additional write-offs of about…
How To Save Electricity Distribution Companies From Dying
Chairman of NERC wearing safety helmet I’m very skeptical of single narratives, i.e. arguments that view an issue from just one angle so in writing this I’d like to state…
Tidal Wave of Students Seek Debt Forgiveness
The year of the 2015 will now be marked as year of the student loan-crisis. Last year, the number of students who applied to have their student debts forgiven under…
There Is No Future for Pay Secrecy
Salaries and compensation used to be highly-guarded information. Employees generally didn’t know what their colleagues were making or how much they earned relative to the cubicle next door. But pay…
Supreme Court Further Limits Juvenile Life Without Parole Convictions
Four years ago, in Miller v. Alabama, the Supreme Court ruled that mandatory life sentences without parole were an unconstitutional violation of the Eighth Amendment. Since then, there has been…