FBN Holdings sells merchant banking subsidiary FBN Quest
The “sale is in alignment with the company’s strategy to optimise its portfolio within the group,” FBN Holdings said.
Tag: subsidiary
Otedola urges incoming administration to tackle power challenges
Mr Otedola stated that the Nigerian Government still has idle power plants that were built some ten years ago
NNPC denies spending $9 million on subsidiary’s staff transfer
The NNPC also said it did not commit $2 million on vehicles maintenance.
![Crude oil extraction [Photo credit: Bloomberg]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2015/08/crude-oil-extraction-e1439318146447.jpg?resize=350%2C250&ssl=1)
NNPC subsidiary to raise its oil production to 500,000 barrels daily
It would also grow its gas production capacity to 1,500 million standard cubic feet per day of gas.