The National Economic Council (NEC) on Thursday suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration to allow consultation with Tinubu. It however said all preparatory plans with various segment of government, including States and the incoming administration should be intensified. Minister[Read More…]
Kerosene, the fuel for cooking in poor households, doubled in price in March versus 12 months prior, with Adamawa, Abuja, and Bauchi selling at the highest rate and Jigawa, Kaduna, and Edo in the bottom rung of the price ladder. Zonal price variations The report listed the average price per[Read More…]
.As end to coal remains elusive The current attention being shifted to gas in the face of the Ukraine and Russia war as well as the energy transition may fade sooner than expected if the agreement of the world’s seven richest countries (G-7) to prioritise renewable energy over gas is[Read More…]
(L-R) Bunmi Bajomo, Head, Group Corporate Bank, Ecobank Transnational Incorporated (ETI); Cecilia Akintomide, Chief Executive Advisor to the GCEO, ETI; Bolaji Lawal, Managing Director, Ecobank Nigeria; Jeremy Awori, Group Chief Executive Officer, ETI; Temi Popoola, CEO, Nigerian Exchange Limited (NGX); Bola Adesola, Chairman, Ecobank Nigeria; Caro Oyedeji, Deputy Managing Director,[Read More…]
L-R: Parish Priest, Our Lady of Perpetual Help Catholic Church, Victoria Island, Lagos, Rev. Father Julius Olaitan; Executive Director/Chief Operations and Information Officer, Fidelity Bank Plc, Mr. Stanley Amuchie; MD/CEO, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe; and Assistant Parish Priest, Our Lady of Perpetual Help Catholic Church, Victoria Island, Lagos,[Read More…]
Nigeria’s leading creative powerhouse, X3M Ideas, has been announced as one of the 40 top global agencies by the publishers of an international publication, Good Report. Announcing the results of the 2022 Good Report, which featured the top 40 campaigns ranked over 1029 campaigns identified by the editorial team of[Read More…]
Seplat Energy has donated STEAM Laboratories equipment to Ihogbe College in the Oredo Local Government Area of Edo State. Speaking during the handing over ceremony, the Director of External Affairs & Sustainability, Seplat Energy, Dr Nwachuku, said the goal is to unleash students’ potential and assist them in developing their[Read More…]
Financial institution, Access Holdings Plc, has grown its gross earnings by 42.30 per cent to N1.4 trillion in the 2022 financial year from N971.88billion reported the previous year. This was disclosed in its Consolidated and Separate Financial Statements for the year ended 31 December 2022, which was released on Thursday.[Read More…]
Two international oil majors, Shell and Schlumberger and Nigeria’s Techno Oil Ltd. have clinched awards for excellence in service delivery to Africa’s largest economy, Nigeria. The awards were bestowed on the companies on Thursday at the 6th Nigeria International Energy Summit (NIES 2023) Industry Awards in Abuja. Techno Oil was[Read More…]
Union bank has announced a gross earnings up of 19 percent growth to ₦208.2 billion (₦175.0 billion in 2021). The bank in it’s audited financial statements for the year ended 31st December 2022 released on Wednesday said the success was driven by strong growth in Net Interest income. The growth[Read More…]
