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…]
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…]
NLC, TUC, others to speak at LAWAN workshop The President, Nigeria Labour Congress, Comrade Joe Ajaero and that of Trade Union Congress (TUC) Comrade Festus Osifo are expected to speak at the forthcoming 2024 Labour Writers Association of Nigeria (LAWAN) workshop in Lagos. The event, slated for 5th of September[Read More…]
Investors Scramble for Fidelity Bank’s Offers Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public[Read More…]
Access Bank offers cleaner energy financing to customers Access Bank has unveiled a new product that offers affordable financing opportunities to businesses and customers to adopt a cleaner and more reliable source of electricity. A statement from the bank on Thursday indicated that the offering was titled ‘Switch[Read More…]
2024 Union Bank Graduates new Management Trainees Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports[Read More…]
Tinubu appoints former Katsina governor, Masari, TETFund chairman President Bola Tinubu has appointed former Katsina State Governor Aminu Masari as chairman of the board of the Tertiary Education Trust Fund. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in a statement signed Tuesday night[Read More…]
BUA Foods profit surges to N130bn amid headwinds BUA Foods Plc has recorded a 38 per cent growth in its profit after tax to N130bn at the end of June 2024, compared to N95.18bn in the same period of 2023 despite the macroeconomic headwinds. This was indicated in its financial[Read More…]
