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Seplat Energy, ExxonMobil Transaction: No Event of Cancellation occurred
Seplat logo Seplat Energy has become aware of newspaper and social media reports that the Nigerian National Petroleum Company Limited (NNPC) has exercised a right of pre-emption under the…
Stanbic IBTC Bank Distances Self From Multi-Million Agric ScamÂ
Stanbic IBTC Bank has distanced itself from an article mentioning the bank as part of lenders involved in scam. According to Stanbic IBTC Bank "Our attention has been drawn…
Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says IMFÂ
IMF logo The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that…
World Bank projects N4tn 2022 fuel subsidy, experts predict more loansÂ
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months may cost the country…
NNPC releases additional 381.8 million litres of fuel
NNPC logo The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited that it has been releasing hundreds…
One Killed, Five Injured As Jeep Crashes Into Lagos Shops
One person has been confirmed dead while five others sustained injuries as Toyota Highlander ran into some shops at Amje bus stop, along Lagos-Abeokuta Expressway. It was gathered that the…
Catholic Bishops Conference: Buhari Calls For Intense Prayers For Nigeria
President Muhammadu Buhari has urged the Catholic Bishops Conference of Nigeria (CBCN) to say more prayers against challenges confronting the country. The President, represented by Minister of Women…
UBAÂ profit soars by 8.72% to N118.678b in 2021
By Ngozi Onyeakusi--- UBA Plc, has posted a profit after tax of billion for its consolidated and separate financial statements for the year ended 31 December 2021. This represents…
Stanbic IBTC – Africa NXT Sponsorship Event
L-R: John Okhueleigbe, Head, Micro Pensions, Stanbic IBTC Pension Managers Limited; Wunmi- Ehis Uzenabor, Executive Director, Operations, Stanbic IBTC Asset Management Limited; Wole Adeniyi, Chief Executive, Stanbic IBTC Bank PLC…
Gombe Governor restates commitment to push for oil exploitation in Kolmani area
Gov. Inuwa of Gombe Governor Muhammadu Inuwa Yahaya has given an asurannce that his administration will not relent in pushing for the actualisation of exploitation of the already discovered oil…
