The federal government on Monday officially approved Seplat Energy’s purchase of Exxon Mobil’s onshore assets valued at $1.28bn. The approval was confirmed by the chief executive officer of the Nigerian…
Read More Nigeria approves $1.28bn Seplat-ExxonMobil dealCategory: Economy
Q3 2024: UBA grows net interest income by 149%, PBT up by 20% to N603 billion
Riding on its recently released half-year financials, Africa’s Global Bank – United Bank for Africa (UBA) Plc, has announced its unaudited results for the third quarter ended September 30, 2024,…
Read More Q3 2024: UBA grows net interest income by 149%, PBT up by 20% to N603 billionNNPC retail sensitizes over 1,000 auto mechanics on CNG adoption, Oleum lubricant range
As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel alternative in Nigeria, NNPC Retail Limited (NRL), a subsidiary…
Read More NNPC retail sensitizes over 1,000 auto mechanics on CNG adoption, Oleum lubricant rangeFBN Holdings appoints Adebowale Oyedeji, ex-Nova Bank MD, as GMD
Our reporter/ FBN Holdings Plc on Friday announced the appointment of Adebowale Oyedeji as group managing director (GMD). According to a statement by FBN Holdings, the appointment of Oyedeji, managing…
Read More FBN Holdings appoints Adebowale Oyedeji, ex-Nova Bank MD, as GMDAfDB to establish $100m investment Bank for Nigerian youths
Our reporter/ The African Development Bank (AfDB) on Friday disclosed that it has concluded plans to establish a Youth Entrepreneurship Investment Bank for Nigeria which is part of its support…
Read More AfDB to establish $100m investment Bank for Nigerian youths
