NNPC Reports N3.3trn profit for 2023 The Nigerian National Petroleum Company (NNPC) Limited has declared a profit of N3.3 trillion for the fiscal year 2023. Pius Akinyelure, chairman of the NNPC board, stated this during a media briefing on the company’s 2023 audited financial statements (AFS) on Monday. Akinyelure said[Read More…]
FG commences Crude oil sales in naira to Dangote, others October 1 The Federal Government has announced that sales of crude oil to Dangote Refinery and other local refineries will commence October 1, 2024, The Punch reports. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun,[Read More…]
Access Bank Holdings celebrate posthumous birthday of late CEO, Herbert Wigwe The Access Holdings PLC yesterday August 15th, 2024 honored the memory of the late Group CEO, Dr. Herbert Wigwe on his posthumous birthday. They noted that the visionary leader is ‘forever in our hearts’, the Group prayed that[Read More…]
Senior civil servants call for consequential adjustment of minimum wage increment on their pay The Association of Senior Civil Servants of Nigeria (ASCSN) has called for a committee to work out the consequential adjustment arising from the new National Minimum Wage Act, 2024. The association in a communique at the[Read More…]
Ecobank Group Announces Top Finalists for 2024 Ecobank Fintech Challenge • Finalists to Compete for Coveted $50,000 Cash Prize Ecobank, the pan-African Bank, has announced the top finalists for the first-ever and inaugural 2024 Ecobank Fintech Challenge Hybrid Semi-Final event held at the Ecobank Pan African Centre[Read More…]
No compromise on our website, GTB assures customers A top-tier Nigerian Bank, GTB, has reacted to news reports that its Web Domain has been hacked, leading to the cloning of customers’ data. The bank noted that it does not store customers’ information on the website; thereby, it cannot be[Read More…]
CBN re-introduces publication of key economic reports for transparency The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports to foster transparency in the economy. CBN’s Acting Director, Corporate Communications Department, Mrs Hakama Sidi-Ali said on Tuesday in Abuja the publication was a[Read More…]
Dangote says petrol price not fixed The Dangote Group has reacted to reports that independent marketers were projecting N600 per litre as price for the petrol produced by the Dangote Refinery. The Dangote Group said in a statement signed by Anthony Chiejina, its group chief branding and communications officer[Read More…]
Access Holdings Plc extends Rights Issue Acceptance period to August 23, 2024 Access Holdings Plc (“the Group”) has announced an extension of the acceptance period for its ongoing Rights Issue. Initially set to close on August 14, 2024, the period has now been extended to August 23, 2024, following[Read More…]
Tinubu unveils CNG buses in Abuja President Bola Tinubu has launched 30 hybrid-powered Compressed Natural Gas buses donated by Depots and Petroleum Products Marketers Association of Nigeria at the State House in Abuja. Speaking during the inauguration of the CNG buses on Monday, Tinubu emphasised the urgent need[Read More…]
