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Nigeria’s Minister of State for Petroleum resigns

Sylva’s resignation comes at a time of political transition in Nigeria, with President Muhammadu Buhari serving his final weeks in office before giving way to President-elect Bola Tinubu on May 29.

FIRST BANK OFFICIAL STATEMENT

Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank. 

Egbin Power boosts nation’s supply, restores sixth unit

It said: “We are pleased to announce the successful restoration of ST-6 after extensive repairs, including replacement of HIP & LP steam turbine blades and Generator overhauling, in addition to the in-house inspections for Boiler and Balance of Plant.

Transcorp Plc delivers strong performance as revenue rises by 21%

The conglomerate saw a 7% increase in its Power investments, despite the challenges faced in the year from the issues with gas supply, off the diminished Oil & Gas production in the country in 2022. 

Oando Plc set to become private company

The Company will subsequently be delisted from NGX and JSE and re-registered as a private company.

Nigeria proposes pay rises for workers after fuel subsidy removal

"We have already concluded on the issue of pay rise ... we recommended 5% and 10% pay rise for workers in different categories," Ngige said.

2023 NLNG Science Quiz competition focuses on net zero

Speaking on the commencement of the competition, NLNG’s General Manager, External Relations and Sustainable Development, Andy Odeh, said the competition aims to encourage passion for science and technology among young students. He added that it was important for the themes to address pressing global issues such as climate change and net-zero emissions to help develop the students’ scientific skills and knowledge and help them understand the impact of their actions on the environment.

Electricity union expels ex-President over refusal to vacate office

The leadership of the union accused Okonkwo of refusing to fully hand over union property in his possession after the expiration of his tenure in April 2022.

Savannah Energy goes to court over Chad’s move to nationalise assets 

On 9 December 2022 Savannah Energy Chad Limited completed the acquisition of EEPCI. The actions of the Republic of Chad are in direct breach of the Conventions to which SCI and the Republic of Chad are, amongst others, party. 

International Women’s Day: Emefiele Seeks Gender Parity

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has felicitated Nigerian women and called for more engaging conversations...

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Nigeria’s Minister of State for Petroleum resigns

Sylva’s resignation comes at a time of political transition in Nigeria, with President Muhammadu Buhari serving his final weeks in office before giving way to President-elect Bola Tinubu on May 29.

FIRST BANK OFFICIAL STATEMENT

Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank. 

Egbin Power boosts nation’s supply, restores sixth unit

It said: “We are pleased to announce the successful restoration of ST-6 after extensive repairs, including replacement of HIP & LP steam turbine blades and Generator overhauling, in addition to the in-house inspections for Boiler and Balance of Plant.

Transcorp Plc delivers strong performance as revenue rises by 21%

The conglomerate saw a 7% increase in its Power investments, despite the challenges faced in the year from the issues with gas supply, off the diminished Oil & Gas production in the country in 2022.