Category : Search result: oil companies Q2 results


FG Cancels Mother Tongue Policy for English

The Federal Government has cancelled the national policy on indigenous languages in schools. Education Minister Dr. Tunji Alausa announced English will now be the primary medium of instruction from pre-primary to tertiary levels to improve learning outcom

Nigeria Sets December 1 for 2025 Oil Licensing Round

NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.

Sony hikes profit forecast on gaming, anime boom

Sony increases its full-year profit forecast to ¥1.05 trillion, driven by the global success of Demon Slayer anime and strong PlayStation sales. Discover how the entertainment giant is thriving.

Lagos Firm & GSDC Partner on Digital Skills Development

A groundbreaking partnership between a Lagos-based technology company and the Global Skills Development Council aims to revolutionize digital education and create new career opportunities for Nigerian youth.

First Bank Holdings Posts N450.9B Profit

First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.

Neimeth Pharmaceuticals Profit Soars 120%

Neimeth International Pharmaceuticals records massive 120% operating profit growth as strategic marketing expansion and cost management deliver outstanding results in Nigerian healthcare sector.

Nigeria Lost $300B to Oil Theft - Senate Probe

Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.

Dangote Refinery Cuts Petrol Prices, Shakes Market

In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.

Transcorp Records 39% Revenue Growth in Nine Months

Transnational Corporation of Nigeria (Transcorp) has announced impressive financial results, recording a massive 39% revenue growth to N123 billion in the first nine months of 2023, signaling strong recovery and strategic success.

BP Profit Surges to $2.7B as Oil Prices Soar

British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.

Nigeria's New Strategy to End Niger Delta Oil Spills

Discover how Nigeria is shifting from temporary fixes to comprehensive solutions for the decades-long oil spill nightmare in the Niger Delta. Learn about the integrated approach that could transform the region's environmental future.

Activists oppose Nigeria oil decommissioning commission

Environmental groups in Nigeria are fiercely opposing a new bill that would establish a commission for decommissioning oil and gas installations, warning it could worsen pollution in the Niger Delta region.

Barcelona beat Elche 3-0 to recover from Clásico loss

FC Barcelona responded strongly to their El Clásico defeat with a commanding 3-0 victory over Elche CF. Discover how Ferran Torres and Robert Lewandowski inspired the Catalan giants to crucial three points.

OPEC Poised for Major Oil Production Increase

OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.

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