VFD Group Q3 Earnings Soar to N60.7 Billion
VFD Group's disciplined financial strategy yields impressive results as Q3 2023 gross earnings hit N60.7 billion, showcasing remarkable growth in Nigeria's investment landscape.
Category : Search result: oil companies Q2 results
Tanzania President Wins 98% Re-election Amid Protests
Tanzanian President Samia Suluhu Hassan clinches re-election with overwhelming 98% majority despite deadly pre-election protests and opposition boycott.
Ogun State: Driving Nigeria's Industrial Revolution
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
Exxon & Chevron Profits Dive as Oil Prices Fall
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.
Navy dismantles illegal refinery, arrests 7 in Ondo
In a major security operation, the Nigerian Navy has dismantled an illegal refinery and arrested seven individuals across multiple communities in Ondo State, dealing a significant blow to oil theft activities in the region.
Kogi Poly Suspends Registrar Over Fake Certificate Ring
Kogi State Polytechnic takes decisive action against academic fraud, suspending registrar and uncovering certificate forgery ring in shocking investigation.
Nigeria: Africa's New Oil Trading Powerhouse Emerges
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
Navy Chief Rejects Coast Guard, Deploys Drones vs Oil Thieves
Vice Admiral Emmanuel Ogalla declares technological warfare against oil theft and piracy, revealing plans for drones and artificial intelligence while dismissing coast guard proposals as unnecessary.
Navy dismantles illegal refinery, arrests 7 in Ondo
In a major security operation, the Nigerian Navy has dismantled an illegal refining site and apprehended seven suspects across coastal communities in Ondo State, dealing a significant blow to oil theft operations in the Niger Delta region.
Apple Beats Earnings Forecasts with Strong Sales
Apple continues to dominate the tech world with better-than-expected earnings, driven by strong iPhone sales and growing services revenue. Discover how the tech giant is beating market predictions.
Ogoni People Suffer Despite Oil Wealth - MOSOP
MOSOP President reveals how Ogoniland remains impoverished despite massive oil wealth, demanding environmental justice and development from Nigerian government.
Nissan Projects ₦2.6 Trillion Loss for 2025-26
Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.
Shell Profit Jumps to $7.7B Amid Oil Price Surge
Shell records massive profit jump to $7.7 billion amid rising oil prices, signaling positive trends for Nigeria's oil-dependent economy and energy sector investments.
GTCO Records ₦900.8 Billion Profit in Q3 2024
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
Nigeria loses N6tr yearly to opaque oil deals - NEITI
Shocking revelations emerge as transparency watchdogs warn Nigeria is bleeding trillions through opaque oil incentives and questionable subsidy payments that lack proper documentation.
Oil Marketers Warn Against Monopoly in Nigeria
Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.
Foreigners Face Court Over N12B Oil Theft in Nigeria
Nigeria's anti-graft agency prosecutes five foreigners and their companies for massive crude oil theft in Rivers State, exposing sophisticated illegal bunkering operations.
Nigerian teen scores perfect 1600 on SAT
Meet Agbo Adoga, the Nigerian teenager who stunned the world by achieving a perfect 1600 score on the SAT, setting a new academic standard for African students globally.
Students Demand Full Crude Allocation to Dangote Refinery
Nigerian student groups are urging President Tinubu to prioritize domestic refining by allocating all crude oil to Dangote Refinery, promising cheaper fuel and economic revival.
Foreigners Arraigned Over ₦12B Oil Theft in Lagos
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
Students Demand Local Crude Allocation to Refineries
Nigerian students unite in calling for domestic crude oil allocation to boost local refining capacity and tackle fuel scarcity crisis.
Navy dismantles illegal oil refinery in Ondo
In a major crackdown on oil theft, the Nigerian Navy has raided and completely dismantled a sophisticated illegal refinery operation hidden within Ondo State's riverine communities.
Economic Saboteurs Threaten Dangote Refinery - NAPS
The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.
Foreigners Face Court Over ₦12B Oil Theft in Nigeria
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.
Access Holdings Buys National Bank of Kenya for ₦179B
Nigerian financial giant Access Holdings PLC has finalized a historic acquisition of National Bank of Kenya, marking one of Africa's largest cross-border banking transactions worth ₦179 billion.
Equinor's $251M Loss: Nigerian Oil Prices Plunge
Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.
Deutsche Bank Posts Record €5.7 Billion Profit
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
UBS Beats Expectations with $1.8 Billion Profit
Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.
Nestoil Clarifies Receivership Situation with Lenders
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
Venezuelan Oil Ships Dodge Drug Boats in Caribbean
Exclusive report reveals how Venezuelan oil tankers navigate through dangerous Caribbean waters filled with drug trafficking vessels while maintaining crucial energy exports.
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