Business news

FBN Holdings sees progressive improvement in non-performing loans, posts N35.6bn H1 profit

A strategic curbing of non-performing loans by FBN Holdings is progressively helping its banking arm to reduce its NPL levels…

Higher cash flow helps Shell pay down debts, boost profit to $3.6bn in Q2

Higher cash flows amounting to $11.3 billion in the second quarter enabled Royal Dutch Shell Plc to pay down debts…

Activities pick up as CAC staff call off strike

The Corporate Affairs Commission (CAC), Thursday resumed official business activities as its staff union called off the weeklong strike over…

Twitter shares tumble as flat user growth disappoint investors

Twitter Inc shares tumbled more than 10 percent in premarket trading on Thursday after the social media platform disappointed investors…

Shell sees oil demand peaking by late 2020s as electric car sales grow

The world's oil consumption could peak as early as the end of the next decade as electric vehicles become more…

London listed Nigeria Seplat curbs losses by 35.8% in half year operating results

Seplat Petroleum Development Company Plc., a leading Nigerian indigenous oil and gas company listed on both the Nigerian and London…

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