Category: Business
Shell Nigeria appoints Elohor Aiboni as first female MD
Shell Nigeria Exploration and Production Company (SNEPCO) has appointed Elohor Aiboni as its first female Managing Director.
This was disclosed by [...]
PH refinery generated no revenue in 2019, incurred N47bn expenses, will be rehabilitated with $1.5bn
Atedo Peterside, founder of Stanbic IBTC and Anap Foundation, says the Port Harcourt refinery in Rivers state generated no revenue in 2019 yet incurre [...]
Access Bank receives go-ahead to acquire South African lender
Access Bank says it has acquired regulatory approval for its proposed acquisition of Grobank Limited, a South African bank.
This was announced in a [...]
Buhari’s ministers, aides, others contribute $1.1m to ensure peace, stability in North-East
Ministers, Presidential aides, Heads of Parastatals and others in President Muhammadu Buhari-led government have contributed $1.1 million to the regio [...]
Petrol may sell for N234 per litre – NNPC GMD
Mele Kyari, the group managing director of NNPC, says the company cannot continue to bear the burden of subsidy.
The Petroleum Products Pricing Reg [...]
Billions of dollars stolen from Nigeria, frozen in foreign accounts – Transparency International
Transparency International (TI) says an estimated $5 billion stolen from Nigeria is frozen in accounts in foreign countries.
This was disclosed on [...]
Dangote Cement to pay over N97bn in corporate tax for 2020
Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of N97 billion for the financia [...]
UBA’s spokesperson, Ramon Nasir, celebrates 15 years of service
Ramon Olanrewaju Nasir, the head, external and media relations of Africa’s global bank, United Bank for Africa, UBA, recently celebrated 15 years [...]
Sanwo-Olu thanks Dangote, excited over refinery, fertilizer progress, impact
Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos State, and for [...]
Asset declaration: Focus on MDS, other govt agencies, bank workers reply EFCC
Deposit Money Bank workers have told the Economic and Financial Crimes Commission to focus its asset declaration drive on the managing directors of ba [...]