Posts Tagged ‘Conoil’
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Nigerian Army denies militant attack on Conoil

The Nigerian military has denied a militant group’s claims about executing a strike against operator Conoil, local media reported Monday. “After exhaustive verifications following enquiries from media practitioners, we found out that no such incident happened. We enjoin the media to crosscheck their facts before rushing to the press to avoid publishing falsehood such as […]

Harsh Economic Policies Dwindles Corporate Earnings

Negative economic fundamentals overshadowing Nigeria’s business environment may have begun to take its toll on corporate financial results as third quarter earnings plunged in three key sectors, namely, oil and gas, banking and conglomerates. Poor results announced by industry leaders in these sectors also worsened the performance of Nigerian Stock Exchange All Share Index last […]