Transcorp appoints two new CEOs after increasing Abuja electricity stake
Transnational Corporation Plc or Transcorp has appointed two chief executives for its power units after increasing its stake in the Abuja Electricity Distribution Company...
World’s most indebted property developer, Evergrande, files for bankruptcy
China's Evergrande Group, reputed as the world's most heavily indebted company, has filed for bankruptcy protection in a US court.
The company initiated bankruptcy proceedings...
Hopes fade for missing Seplat rig workers as search enters third day
Three crew members who went missing on Tuesday after an oil rig operated by Seplat Energy collapsed in Delta state were not found by...
One killed, three missing as Seplat rig collapses in Delta
At one person died on Tuesday when a rig operated by Seplat Energy collapsed in Delta state, the company said.
Seplat said the Depthwise swamp...
Tinubu govt to sell stakes in 20 state-run companies
The Nigerian government is planning to sell stakes in about 20 state-owned companies in a bid to raise funds and improve governance in those...