FG announces plans to offset N4trn debt owed GenCos –Ministry
April 15, 2025
TotalEnergies discovers oil, gas on OML102 offshore Nigeria TotalEnergies has discovered the Nkoton oil and gas on the Oil Mining Lease (OML) 102 offshore Nigeria. Country Communications Manager, Total Country Services, Charles Ebereonwu, disclosed this on Tuesday in a statement in Lagos, report from NAN Ebereonwu said the[Read More…]
L-R: Former Managing Director, Ecobank Nigeria, Patrick Akinwuntan; Former Group CEO, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi; Former Managing Director, Bank of Industry (BoI), Evelyn Oputu; Managing Director/Regional Executive, Ecobank Nigeria, Bolaji Lawal and President, Africa Fintech Network, Dr. Segun Aina, during the Ecobank Adire Experience in Lagos at[Read More…]
Wema Bank Plc Launches Phygital Wema Bank Plc, the leading financial institution in innovation and technology, has launched Phygital Branch, a self-service platform that combines the best aspects of traditional and digital banking, in all its branches nationwide. “Phygital is the result of Wema Bank’s recognition that a segment[Read More…]
Polaris Bank Appoints 2 New Executive Directors Polaris Bank has announced the appointment of two new members of its executive leadership team. Chinwe Iloghalu joins the Bank as Executive Director, Lagos and Corporate Banking, and Martins Izuogbe joins the Bank as Executive Director, Service and Technology. These appointments[Read More…]
Polaris Bank Partners Goge Africa to take Customers on a Caribbean Cruise Polaris Bank has announced an exciting and available opportunity for its customers and prospects seeking a remarkable intercontinental holiday experience tagged: Cruise the Caribbean with Polaris Holiday Loan. The Bank said it was thrilled to[Read More…]
Gold export hits N78bn, highest on record Africa’s biggest economy has exported gold worth N78.9 billion within the last 15 months, a first-time trend in Nigeria’s export economy. Findings by BusinessDay showed Nigeria is gradually tapping from a cash-spinning mining sector that has remained largely under-utilised since the crude oil[Read More…]
Zenith Bank Plc has launched the third season of its hugely successful “Zenith Beta Life Promo” to reward its customers with gifts from June 1, 2023, to May 31, 2024. Within this period, twenty bank customers of Zenith Bank will be chosen through a bimonthly raffle draw, each receiving[Read More…]
…takes trade expo to Houston, Texas, USA in October 2023 Building on the resounding success of the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in London, UK last November, leading financial institution, Fidelity Bank Plc, has announced plans to host the second edition of the[Read More…]
Nigeria and other members of the Organisation of Petroleum Exporting Countries (OPEC) as well as the Non-OPEC members have agreed to cut production volumes to ensure global oil market stability. The agreement was reached at the 35th Joint Ministerial Monitoring Committee (JMMC) meeting of OPEC held in Vienna, Austria on[Read More…]
BUA Cement Plc has acquired a monumental $500 million financing package from the International Finance Corporation (IFC) to help facilitate its part-finance and develop two new, energy-efficient cement production lines that will create up to 12,000 direct and indirect jobs. This partnership marks the largest-ever investment by IFC in northern[Read More…]