A mega-refinery built in Nigeria by billionaire Aliko Dangote has received its first barrels of crude oil, an “important milestone” in a project that has been plagued by delays and aims to fully meet the country’s fuel needs, the company announced on Saturday. Since Friday, one million barrels from the Agbami offshore oil field, off…
Ibom Airlines Limited (Ibom Air), the flagship airline of Akwa Ibom State, has taken delivery of its first Airbus A220-300 aircraft, marking a milestone in the carrier’s expansion plan. This state-of-the-art aircraft is the initial delivery of a total order for 10 Airbus A220-300 units, secured during the 2021 Dubai Airshow. he formal handover ceremony,…
The Federal Inland Revenue Service and the Corporate Affairs Commission have agreed to strengthen their existing collaboration to increase their revenue generation activities. The parties made the commitment on Thursday during a visit to the FIRS Executive Chairman, Mr Zacch Adedeji, by the CAC Registrar General/Chief Executive Officer, Hussaini Magaji. The Registrar General said the…
An executive director of Zenith Bank Plc, Dr Temitope Fasoranti, has acquired over 1.7 million units of the lender’s shares. This was revealed in a corporate notice signed by the Company Secretary/General Counsel, Zenith Bank, Michael Otu, which was filed with the Nigerian Exchange Limited on Thursday. Fasoranti bought the shares in different tranches and…
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has emerged the FORBES AFRICA magazine 2023 Person of The Year.Prof Oramah received the award at a well-attended ceremony in Cairo, Egypt, which also featured the unveiling of the cover for FORBES AFRICA’s December 2023/January 2024 edition featuring Prof. Oramah as cover personality. Dr….
Seasoned business owners have advised Small and Medium Scale Enterprises (SMEs) owners and operators on winning tips that will help them run successful online businesses especially in the face of growing competition and challenging business terrain.Speaking during the United Bank for Africa (UBA) Business Series hybrid event held yesterday at the bank’s Head office in…
Nigerian National Petroleum Company (NNPC) Limited has expressed its commitment to work with global partners in the march towards reducing methane emissions in oil and gas operations.On the sidelines of the ongoing United Nations Climate Change Conference, also known as COP28, taking place in Dubai, the United Arab Emirates, the Oil and Gas Decarbonization Charter…
Providus Bank Limited says it has collaborated with MasterCard to introduce an innovative payment solution for business customers, to facilitate seamless transactions for both payment and collection purposes. A statement said while speaking at the launch of the new solution named Amphi card, the Managing Director of the Bank, Mr Walter Akpani, emphasised the institution’s…
Wema Bank, in partnership with the Federal Government, has commenced virtual training in the FGN/ALAT Digital Skillnovation Programme for small and medium enterprises. A statement said the programme launched in September 2023, had witnessed hundreds of thousands of business owners, aspiring business owners, working-class professionals and jobseekers expressing keen interest in developing their digital skills,…
