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Wednesday, November 27, 2024

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Boeing sinks to $3 billion loss on MAX groundings

 (Reuters) - Boeing Co reported a nearly $3 billion second-quarter loss on Wednesday as the world's largest planemaker struggles with the prolonged grounding of its best-selling 737 MAX...

DMO Lists FGN Second N100bn Sukuk on NSE

Lagos, Nigeria - Debt Management Office (DMO) of Nigeria on Tuesday, July 23, 2019, listed on The Nigerian Stock Exchange, the second ₦100bn, 7-Year, FGN Sukuk...

Seplat’s $700m ANOH Gas Investment to Address Nigeria’s Power Deficit

Seplat Petroleum Development Company Plc’s has concluded arrangements to use its $700m Assa North /Ohaji South (ANOH) gas and condensate field project, at completion, to contribute significantly...

Shell, NNPC to Grow Nigeria’s Oil Reserves

The Management of the Nigerian National Petroleum Corporation (NNPC) and its age-long partner, Shell Petroleum Development Company (SPDC),  have expressed resolve to grow existing business relationship aimed...

NNPC Records Crude Oil, Gas Sale of $580.32mn

The Nigerian National Petroleum Corporation (NNPC) has announced a record total sale of about  $580.32 million in crude oil export and gas in May, which is 23.39...

Julius Berger Goes to Work at Ijora Causeway, Lagos Drainages

By John Meze Despite heavy rainfalls in Lagos, Julius Berger Nigeria Plc;  has commenced the reconstruction and rehabilitation of the ever-busy Ijora Causeway link...

Rethinking US-China Competition: Next Generation Perspectives

Director’s Summary From a potential “responsible stakeholder” to a “strategic competitor,” the U.S. government’s description of China has changed dramatically over the past years. Once a de...

Fox News fiction: How the Seth Rich conspiracy murder theory made its way to Trump’s favorite cable news network

WASHINGTON – In the spring of 2017, then-senior White House counselor Steve Bannon got a text message from a producer for CBS’s “60 Minutes” inquiring about...

Looking beyond the Surface: Shiites Versus the Nigerian State

By Alex Ekemenah Chief Analyst, NEXTMONEY The way things are going, it seems it will be bullets that will be deployed to settle final scores between the Shiites and the...

Shiites protest: Another Danger Looming on the Horizon?

By Alex Ekemenah Chief Analyst, NEXTMONEY The spiritual leader of the Islamic Movement in Nigeria (IMN), Ibrahim El-Zakzaky, has been in detention since 2015, sparking protests that have...

If You’re Angry, You’re Part of the Problem, Not the Solution

What we need is restraint — not rage It’s ironic that the only thing we all seem to agree on lately is that there’s a lot to...

FACT: Russia’s New Stealth Submarine Carries 72 Deadly Nuclear Missiles

Each of the submarine’s sixteen R-30 Bulava (“Mace”) missiles typically carries six 150-kiloton nuclear warheads designed to split apart to hit separate targets. This means one...

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