By Ayomide Otitoju Stanbic IBTC Pension Managers Limited has announced the early closure of select branches and a temporary disruption of digital services due to a planned system maintenance exercise. In an email sent to customers on Wednesday, the company disclosed that the affected branches would close by noon on Friday, December 6, 2024, while…
By Ayomide Otitoju FCMB Group Plc has reported a profit after tax (PAT) of N82.4 billion for the nine months ended September 30, 2024, marking a robust 68% increase compared to the N49.2 billion recorded in the same period last year. This financial performance, disclosed in the group’s third-quarter results filed with the Nigerian Exchange,…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) on Saturday began a computer-based aptitude test for 45,689 applicants competing for employment opportunities across various departments in the organization. NNPCL spokesperson Olufemi Soneye, in a statement, noted that the recruitment exercise aims to fill multiple positions in the energy company. Interested candidates were earlier…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) and oil marketers have solidified a partnership to ensure uninterrupted distribution of petroleum products during and after the festive Yuletide season. This was disclosed by Dr. Joseph Obele, National Public Relations Officer of the Petroleum Retail Operators Association of Nigeria (PETROAN), following a meeting on…
By Ayomide Otitoju Oil major Shell has reaffirmed its commitment to advancing Nigeria’s local content agenda, announcing that it has awarded contracts valued at $1.98 billion to indigenous companies. The announcement was made during the ongoing Practical Nigerian Content Forum in Bayelsa State. Shell’s Nigerian subsidiaries, including Shell Petroleum Development Company of Nigeria Limited (SPDC),…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) is advancing its operations through a strategic restructuring of key units, aimed at increasing oil production and bolstering indigenous capacity within the sector. As part of its ongoing development, NNPCL has maintained initiatives focused on enhancing the capabilities of local firms, a critical component of…
By Ayomide Otitoju Stanbic IBTC Asset Management recently hosted the prize presentation ceremony for the InvestBeta Game Show at its headquarters, Stanbic IBTC Towers in Victoria Island, Lagos. The event marked the conclusion of the first season of the game show, which celebrated the winners and their achievements in financial literacy, and underscored the broader…
By Ayomide Otitoju Polaris Bank has partnered with Amtis Skills Place to nurture the next generation of young fashion designers through the 2024 Amtis Fashion Competition, reinforcing its commitment to youth empowerment and entrepreneurship. Since its establishment in 2015, Amtis Skills Place has focused on equipping young Nigerians with contemporary vocational skills, bridging the gap…
By Ayomide Otitoju United Bank for Africa (UBA) has officially welcomed the festive season with its annual Garden Light-Up ceremony, hosted through its corporate social responsibility arm, the UBA Foundation. The event, held at the UBA Foundation gardens on Lagos Marina, featured dazzling lights, festive decorations, fireworks, and live music, creating an atmosphere of celebration…
