| | |

Seadrill Earnings Rise this quarter

  Seadrill Ltd. (NYSE: SDRL) reported its second-quarter financial results before the markets opened on Thursday. The company had $0.77 in earnings per share (EPS) on revenue of $1.15 billion, compared to consensus estimates from Thomson Reuters that call for $0.63 in EPS on $1.17 billion in revenue. In the same period of the previous…

Nigeria FG, States and Local Governments shares N511.799 Billion for July 2015

Reports from Daily Times online indicates that The Federation Account Allocation Committee (FAAC) has shared to Nigeria FG, States and local government the sum of N511.799 billion to the three tiers of government for the month of July, 2015. Giving a breakdown of amount shared, the Permanent Secretary who is also the Chairperson of the…

| | |

Lack of Formal policy on domestic gas pricing structure hinders Power Generation and supply in Nigeria

The revelation that the lack of formal policy on domestic gas pricing structure is the hindrance to power generation and supply in Nigeria is gravely disturbing, the review of the controversial gas price regime announced in August 2014 by Diezani Aliso-Madueke, former minister of Petroleum Resources has turned out to be a ruse, as it…

Global Paints and coatings market to reach $196.2 Billion by 2022

(SBWIRE) — 08/21/2015 — The Global Paints and Coatings Market to reach $196.2 billion by 2022 and accounted for $128.5 billion in 2014, growing at a CAGR of 5.4% between 2014 and 2022. The factors that are influencing the market growth are huge demand in the construction industry, due to increase in civil construction activities…