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Daily Archives: May 16, 2017

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NNPC to resume search for oil in the Lake Chad Basin

The Chief Executive Officer in charge of Gas and Power in NNPC, Saidu Mohammed, yesterday disclosed that the oil corporation would resume its search for oil in the Lake Chad Basin by the end of the year. Mohammed who was speaking on behalf of the group

Nigerian Recession: Directors pay package drops 13%

  As recession pummeled corporate financials, about 54 leading companies quoted across the sectors of the Nigerian Stock Exchange, NSE, took a 12.9 per cent cut on their emoluments and other remuneration packages in 2016 financial year, FY’16. But though the FY’16 of the affected