Friday, March 31, 2023
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Tag: cbn

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. 

We pay for only electricity generated, put on the grid – NBET 

The Nigerian Bulk Electricity Trading (NBET), has said that it only responsible for electricity generated and put on the grid and not...

NBET denies NDPHC January payment

NDPHC, from data gathered by energy TIMES, was billed N854,104,159 million, having consumed 861,007.18 million cubic feet of gas in the month of January.

CBN advises Central Bankers in Africa to ensure tighter regulation of banks

Emefiele gave the charge on Wednesday, March 15, 2023, at the opening of the 2023 African Central Bank Conference held at the Global Leadership Center, Johannesburg, South Africa.

CBN orders banks to receive, dispense old Naira notes

The CBN gave the directive at a Bankers’ Committee meeting held on Sunday, according to a statement by the Acting Director, CBN Corporate Communications, Isa AbdulMumin, on Monday.

FIRSTBANK dedicates month of March to women celebration, empowerment  

In line with this commitment, FirstBank is partnering with UN Women on 15 March 2023 and is set to play a key role in a scheduled event driven by UN Women that will showcase young women and men between the ages of 18-35 in Nigeria who are using technological innovations and tools to promote gender equality, women’s empowerment and inclusion.

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...

CIBN, bank CEOs call for calm

The Chartered Institute of Bankers of Nigeria said is liaising with the Body of Banks chief executives to address the current challenges. 

NNPC takes over Addax Petroleum assets

The Nigerian National Petroleum Company (NNPC) Limited has taken over the assets of Addax Petroleum’s production sharing contract (PSC).

Naira Redesign: No Nigerian Will Lose Money – Emefiele

Emefiele gave the assurance during a meeting with the ad-hoc committee on the review of the Bank’s cashless policy and extension of the timeframe of the currency swap programme of the Bank on Tuesday, January 31, 2023.
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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.