In a bid to recover unremitted sum of N75mllion collected as rent, a limited liability company GORI Nigeria Limited has dragged the Chairman of Jaiz bank Plc Alhaji (DR) Adamu Umaru Mutallab before a Lagos high court. In a statement of claim accompanied by statement witness on oath of the …
Read More »NNPC records 353% increase in trade surplus to ₦37.50b in Sept 2021
Mele Kyari, NNPC GMD The Nigerian National Petroleum Company Limited (NNPC Ltd), has recorded a trading surplus of ₦37.50billion for the month of September 2021, representing a 352% increase from the ₦8.29billion surplus in August 2021. Details of the figures contained in the September 2021 NNPC Monthly Financial and Operations …
Read More »FG charges Dangote Cement tax of N173.93bn for 2021; paid N97.24 billion tax in 2020
Dangote Cement sustains a tax charge of N173.93bn for 2021 Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for the financial year ended 31st December 2021. According to the cement group’s audited results released on the portal …
Read More »Gupshup Rebrands amidst Product Growth and Global Expansion
Visually reinforces the power of conversational engagement for brands Barcelona, March 2, 2022: Gupshup, a global leader in conversational engagement, unveiled a new brand identity at the Mobile World Congress in Barcelona. The new brand identity consists of new logo colors, revised brand look-and-feel, an updated website and a …
Read More »NIES 2022: Huawei clinches tech in oil and gas award as experts brainstorm on energy transition
Huawei Technologies (Nigeria) Limited has been awarded as the ‘Best Technology, Offshore, Oil and Gas Company’ at the ongoing Nigerian International Energy Summit (NIES) in Abuja. The award was presented to the company at the gala night of the summit which held at the Banquet of the State House, Abuja. …
Read More »Fidelity Bank to celebrate International Women’s Day with Community-Driven Proposition
In commemoration of the International Women’s Day 2022, foremost financial institution, Fidelity Bank Plc, has announced plans to celebrate leading women and female achievers at a networking event in partnership with media entrepreneur – Linda Ikeji – on Tuesday, 8 March 2022. Themed ‘Breaking the Bias’, this year’s International Women’s …
Read More »NNPC to increase Nigeria’s oil production as Brent crude tops $105/barrel
Mele Kyari, NNPC GMD The Nigerian National Petroleum Company Limited (NNPC), has expressed determination to increase Nigeria’s oil production amid rising crude oil prices in the international market in the wake of Russia-Ukraine crisis. Nigeria had missed its crude oil output target for January 2022, pumping 1.46 million barrels per …
Read More »Huawei releases three scenario-based ICT solutions to boost Nigeria oil and gas production
Telecommunication giant, Huawei has stated that their recently released three scenario-based ICT solutions are capable of solving the various challenges faced by the Nigeria government in the production of oil and gas in the country. Li Wei, Director of Huawei Nigeria Enterprise Business stated this on Tuesday while addressing members …
Read More »Heritage Bank, FGGC Abuloma position women for wealth creation
Heritage Bank Plc in partnership with the Lagos Chapter of Federal Government College Abuloma Old Girls’ Association is strategically positioning Nigerian women with the aim of finding their balances as a roadmap to financial freedom. This was revealed at the maiden edition conference titled, “OTRFA – On …
Read More »NNPC confirms IOC’s exit, lays emphasis on gas development
Mele Kyari, NNPC GMD The Nigerian National Petroleum Company Limited (NNPC), has confirmed the exit of International Oil Companies (IOCs) from Nigeria, while maintaining that it would continue to develop the country’s gas resources despite the development, which it attributed to the global push for energy transition and net carbon …
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