KEY POINTS
Caverton’s fourth-quarter revenue fell to 3.74 billion naira from 13.11 billion naira in Q4 2024.
Net loss narrowed slightly to 7.31 billion naira, with loss per share improving.
Results reflect ongoing volatility and structural pressures in offshore logistics tied to oil and...
KEY POINTS
Ogoni group demands investigation into alleged diversion of a 300 million dollars compensation fund meant for community development.
Peaceful protest held in Bori, with calls to stop alleged illegal oil exploration in Lekuma communities.
Group threatens wider protests and issues 14-day ultimatum...
Nigeria’s government plans to revoke oil block licenses held without development, warning investors of strict timelines and no refunds under the current licensing round.
Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.
NYSC introduces a standardised protocol to ensure inclusive handling of corps members with disabilities during the orientation course and service year.
Nigeria’s DisCos collected N210 billion in October 2025, according to NERC, as billing gaps and subsidies continued to weigh on electricity sector finances.