Dangote Petroleum Refinery has accused the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Trade Union Congress (TUC) of prioritising union dues and personal interests over workers’ welfare, following fresh calls by the unions for industrial action. In a strongly worded statement issued on Monday, the …

  Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings has launched the Manifold Endowment Plan, an innovative blend of insurance and investment designed for Nigerians who want to protect what matters, grow their wealth, and enjoy peace of mind. With life cover up to ₦1 billion, partial maturity payouts, …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has opened a probe into Plateau lawmaker Adamu Aliyu after a businessman accused him of conspiring with a former local government secretary to defraud him of N75.8 million in a fake land deal. the Independent Corrupt Practices and Other Related …

Okoronkwo and his company are facing 36 counts, including forgery, obtaining money by false pretences, and operating banking services without a valid licence. The trial of Chinedu Roland Okoronkwo, an alleged Ponzi scheme operator, and his company, Reliance Microfinance Cooperative Society Limited, has been adjourned to October 14 and 17, …

The National Industrial Court sitting in Abuja has today (Monday) issued an interim order stopping the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) from continuing with its nationwide industrial action against the Dangote Petroleum Refinery and Petrochemicals FZE. Justice Emmanuel Sublim, presiding over the matter, granted the …

  Stanbic IBTC Holdings Sustainable Finance Summit 2.0, held in partnership with the Lagos Business School Sustainability Centre (LBSSC), concluded with unprecedented success, establishing new benchmarks for sustainable finance discourse and innovation in Nigeria and across Africa to tackle climate challenges. The hybrid summit, themed “Financing Resilience: Digital Innovation and …

…Challenges PENGASSAN, NUPENG to publish audited account of members dues The management of Dangote Petroleum Refinery yesterday described the declaration of strike by Petroleum and Natural Gas Senior Staff Association (PENGASSAN) as a bully and guerrilla tactics meant to hold Nigerians to ransom for selfish agenda. Dismissing as tissues of …

Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to cut crude oil and gas supplies to the refinery could plunge Nigerians into fresh rounds of fuel scarcity while inflicting huge revenue losses on the government. In …

  In a shocking turn of events, Lotus Bank, a recently established financial institution in Nigeria, has found itself at the center of a devastating security breach. Hackers have reportedly infiltrated the bank’s core banking application, siphoning off tens of millions of naira and leaving customers in a state of …

  …Affirms over 3,000 Nigerians Still at Work in Refinery, despite re-organisation   Management of Dangote Petroleum Refinery and Petrochemicals has denied the allegation by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) of mass sacking of its staff because of joining the Association. The refinery described …