Business News

Akwa Ibom: Oil firms assure host communities of payment of 3% operational expenditure

  Indigenous oil firms, the Frontier Oil Ltd and Savannah Energy, Uquo Gas Ltd have assured affected communities of prompt payment of 3 per cent operational expenditure, Opex, as contained in the Petroleum Industry Act 2021. The Managing Director/Chief Executive Officer of Frontier Oil Ltd, Engineer Dada Thomas spoke at the weekend during the inauguration […]

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VACANCY: Renowned Oil, Gas Construction Company Needs Female Marketing Executives

  By Henshaw NYONG, Uyo. Akpanobong Group, one of the most prestigious Oil, Gas, Finance, Construction and Shipping companies in Nigeria, is seeking to expand its marketing team. The company, known for its innovative approach to business and commitment to excellence, is seeking ONLY FEMALE Marketing Executives who are passionate about their work and have […]

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Ibom Air makes history, begins first direct flight from Lagos to Accra today

  Henshaw NYONG, Uyo. In a major milestone for Ibom Air, the airline is launching its first direct flight this morning from Lagos to Accra, the capital of Ghana. TheHILL can authoritatively report that, the inaugural flight will depart Murtala Mohammed International Airport, Lagos, at 7am (Nigerian time) and arrive Kotoka International Airport, Accra, Ghana, […]

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N-Power: Payment for nine-month backlog allowance begins November

  The Federal Government has promised to begin the payment of the nine-month backlog to N-Power beneficiaries in November. N-Power’s National Programme Manager, Dr. Akindele Egbuwalo, spoke yesterday at a meeting with some beneficiaries, according to a statement by the National Communication Manager of the National Social Investment Programme Agency (NSIPA), Jamaluddeen Kabir. Egbuwalo, who […]

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India: How Tinubu Secured $3bn steel investment for Nigeria

  President Bola Tinubu has successfully attracted a monumental 3 billion U S dollars investment pledge from Indian investors, to boost steel industry in the country. This is according to a statement by Mr Abdullahi Haruna, Special Assistant, Media and Publicity to Minister of Steel Development, Prince Shauib Audu, in Abuja on Wednesday. The president […]