Saturday, June 3, 2023
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Appointment

CARITAS FOUNDER, ADEDAYO OJO, WINS THE INDUSTRY STAR AWARD

Ojo was honoured for his exemplary footprints on the Marketing Communications practice in Nigeria, especially in the area of consulting at the fourth edition of The Industry Summit/Awards held at D’ Podium, Aromire Street, Ikeja, Lagos on Friday, March 31, 2023.

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. 

NCDMB, BOI launch $50m Fund for Oil Industry Manufacturing

The Board established the NCI Fund in 2018 with the purpose of financing Oil and Gas companies to increase capacity and grow Nigerian Content in the Industry Presently, the NCI Fund has five product lines which are being managed by the Bank of Industry. They include - Manufacturing Finance -$10m; Asset Acquisition Finance -$10m; Contract Finance -$5m; Loan Refinance -$10m and Community Contractor Finance - N20 million.

Seplat refutes Nigeria revocation of CEO’s work, Visa, Residence Permits for alleged racism, discrimination against Nigerians

It was  also alleged that Mr Brown failed to honour invitations by the Ministry’s panel, which investigated the matter

NNPC takes over operatorship of  OML 18 from Eroton

NNPC in a statement said the intervention is necessary in order to curtail further degradation of the asset and revamp production of oil and gas.

Transcorp Hotels Appoints Obi Non-Executive Director 

Udechukwu Obi Osakwe has been appointed a non-executive director of the leading hospitality brand Transcorp Hotels Plc, effective February...

Jumoke Akande joins Avanti Communications as Chief Marketing Officer

Jumoke Akande has joined Avanti Communications as Chief Marketing Officer. Based in Avanti’s new offices in Lagos, Nigeria, Akande...

NIMASA DG, UNILAG Maritime Forum members brainstorm in Lagos

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh, OFR received in audience Students who are maritime forum members from...

Egbin Power, Sahara Foundation upgrade Ijede Police station

The project, according to a statement, is in keeping with Egbin Power’s commitment to enhancing infrastructure development, socio-economic growth, and effective policing to promote safety and security in the company’s host communities.

UBA Appoints Abiola Bawuah As First Female CEO For Africa Operations 

Prior to her appointment, Bawuah was Regional CEO, West Africa, supervising the Group’s operations in nine subsidiaries, including Benin, Burkina Faso, Cote d’Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, and Sierra Leone. She previously held the role of CEO, UBA Ghana. 

CBN Gov, Emefiele, Resumes Duty After Annual Leave

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has resumed duty after his annual vacation abroad. Mr. Emefiele, who proceeded on...

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I thank you most sincerely for staying with us throughout the year.
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Emefiele meets Tinubu at Aso Rock

Wale Edun, former Lagos Finance Commissioner; and James Faleke, a House of Reps member, were also at the villa.

Oil marketers endorse fuel subsidy removal, pledge minimal adjustments 

We once again laud President Tinubu for his bold vision and stand ready to collaborate with his administration in its effort to promote greater economic equality and prosperity for all Nigerians.

Firm unveils 20KG composite cooking gas cylinders to Nigerian Market

According to him, the 20kg LPG cylinder goes for N75,000 due to increase in foreign exchange and is also more competitive.

Allegation of illegal sale of 48m barrels of crude false, Malami insists

Recall that the minister took the same position when he first appeared before the panel on April 27, 2023 to give testimony.