Business Hilights

Tracking Nigeria's Headline Business News Online

Oando

Shocks as NNPC issues 2-year crude lifting contracts to traders rather than usual one

Though the Nigerian National Petroleum Corporation (NNPC) is yet to make it public, indications have emerged that it has issued crude export contracts that are expected to last two years instead of the usual one year. An initial preliminary list,…

Finally, Oando cleared by SEC, plans AGM for Sept 11

Following the review of petitions filed by Alhaji Dahiru Bara’u Mangal and Ansbury Inc against Oando by the Special Task Team, the Securities and Exchange Commission (SEC) has cleared the company of the allegations. This lead to the express approval…