The Nigerian National Petroleum Company Limited (NNPC Ltd.) has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant. The Group Chief Executive Officer (GCEO) of NNPC Ltd., Bashir Ojulari, announced this at a company-wide town[Read More…]
FirstBank, the West African premier financial institution and financial inclusion services provider, has emerged as Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the prestigious Euromoney Awards for Excellence 2025, held recently in London. This marks FirstBank’s second consecutive win in the ESG category, affirming its[Read More…]
The Corporate Affairs Commission (CAC) has begun a new phase of delisting companies that have failed to comply with the provisions of the Companies and Allied Matters Act (CAMA), 2020. The commission issued a public notice to this effect on Tuesday in Abuja. According to the notice, the names of[Read More…]
The Securities and Exchange Commission (SEC), says it has granted a “no objection” to First HoldCo Plc’s N323.4 billion shares transaction. The Commission in a statement signed by Mrs Efe Ebelo, the Head External Relations of SEC, said the decision was taken about the transaction after due consideration and[Read More…]
Zenith Bank Plc has been named “Nigeria’s Best Bank” at the Euromoney Awards for Excellence 2025, emerging as Nigeria’s standout performer, and clinching the biggest and most coveted country award. The award, which was presented to the bank on Thursday, July 17, 2025 at The Peninsula, London, is[Read More…]
FirstBank, the West Africa premier financial institution and financial inclusion services provider, has strengthened its partnership with the United Nations Global Compact (UNGC) to reaffirm its commitment to driving sustainable finance and unlocking capital for development. This ongoing partnership was reinforced at the recently concluded Fourth International Conference on[Read More…]
Nigeria exceeded its OPEC crude oil production quota of 1.5 million barrels per day (bpd) in June, marking the second time it has surpassed the allocation in 2025. OPEC’s Monthly Oil Market Report (MOMR) for July, 2025, obtained by the News Agency of Agency of Nigeria (NAN)[Read More…]
Union Bank of Nigeria stands at the forefront of the nation’s financial sector, leading the charge in promoting gender inclusivity and empowering women. With a rich legacy of innovation and dedication, the Bank is actively creating a more equitable and supportive environment for women, both within its[Read More…]
The Nigerian stock market continued on a bullish note on Thursday, marking a four-day positive trend in the week, as investors recorded N1.806 trillion gain. The positive performance was due to increased investor confidence in Nigeria’s equities market amid improved liquidity conditions and ongoing reforms. Market[Read More…]
Central Bank of Nigeria (CBN) sold through Open Market Operations (OMO) bills worth N3.32 trillion to local banks, other investors, and foreign portfolio investors in June this year. OMO is a monetary instrument through which the CBN manages excess liquidity in the system, thus attracting foreign currency into the[Read More…]
