Author: Ifetayo Adeniyi

As Federal Gov’t Gives Go-ahead To Exxon Mobil $1.3bn Assets Disposal To Seplat Federal Gov’t Gives Go-ahead To Exxon Mobil $1.3bn Assets Disposal To Seplat The federal government has announced the approval of ExxonMobil’s $1.28 billion divestment of its oil and gas assets to Seplat Energy, marking a significant milestone in the transaction first announced in February 2022. The deal is expected to nearly quadruple Seplat’s oil output to over 130,000 barrels per day. Chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, made this known in Abuja on Monday. Speaking during NUPRC’s third anniversary celebration…

Access Bank enlightens customers in Kano on products, services to strengthen relationship Access Bank enlightens customers in Kano on products, services to strengthen relationship with better understanding. The management of Access Bank Plc has organised a one-day customer engagement forum to discuss and enlighten customers on the bank’s new products and services with a view to strengthen its customer relationship for a better and improved business relationship. This was disclosed by deputy managing director of Access Bank, Mrs Chizoma Okoli, during the bank’s customer engagement forum held in Kano. According to her, Access bank is today in over 23 countries…

UBA shows growth in Q3 2024; Net Interest Income at 149%, PBT up by 20% to N603 billion UBA shows growth in Q3 2024. 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, where it recorded strong and impressive growth across all its key indicators. As in the first two quarters of the current fiscal year, the bank’s gross earnings grew significantly by 83.2 per cent to N2.398 trillion up from N1.308 trillion recorded in September last year, while…

Polaris Bank ready to strengthen media practitioners with capacity building workshop as CSR Polaris Bank ready to strengthen media practitioners with capacity building workshop as CSR. For its commitment to continually empower the Nigerian media and enable it play the critical watchdog role in the society, Polaris Bank is organizing an open workshop for all classes of Journalist across the media spectrum as one of its critical CSR intervention meant to positively impact key stakeholders. The 2024 media workshop with the theme: “Integrating AI tools in Contemporary Media practices for Innovation and Excellence” falls within the Bank’s intervention programs under…

Ronke Oshodi Oke becomes emotional as she got surprise gift from Netflix Ronke Oshodi Oke Ronke Oshodi Oke becomes emotional as she got gift from Netflix Actress Ronke Oshodi Oke has taken to social media to express her overwhelming joy and gratitude after receiving a surprise from the popular streaming platform, Netflix. Sharing the emotional moment with her followers on Instagram, the actress revealed that Netflix had sent her a thoughtful gift, including a box of chocolates, a stylish cup, and a personalized letter. The letter praised her contribution to the movie Anikulapo, produced by renowned filmmaker Kunle Afolayan. In…

The coming together of World Bank, IMF for yearly meeting begin in Washington World Bank The coming together of World Bank, IMF for yearly meeting begin in Washington. Overshadowed by international crises, the International Monetary Fund (IMF) and the World Bank annual meeting is due to start on Monday in the U.S. capital, Washington. The meeting is to bring together finance ministers, representatives from the financial sector and development cooperation, as well as central bankers. The discussions, set to run until Sunday, are expected to address, among other issues, a looming debt crisis in lower-income countries, climate change and poverty…

Fayemi showers praises on Oyebanji as a worthy Successor for completing left over projects Fayemi showers praises on Oyebanji as a worthy Successor for completing left over projects Fayemi lauds Oyebanji as a worthy successor who was selfless as he completes and commissions road projects. Former Governor of Ekiti State, Dr. Kayode Fayemi, has praised Governor Biodun Oyebanji for being a worthy successor with excellent record of performance and for the wonderful manner he has united all leaders of diverse political interests in the state. He said not all leaders are endowed with such skills and ingenuity to achieve that…

Glo Expresses Commitment To Culture Through Sponsorship Of Ofala Festival Glo Expresses Commitment To Culture Through Sponsorship Of Ofala Festival. Technology company, Globacom, has explained that its commitment to culture and tradition is the reason for sponsoring Onitsha Ofala and other leading festivals across the land. This year’s event, the 23rd since the incumbent Obi of Onitsha, Igwe Alfred Nnaemeka Achebe, ascended the throne, kicked off with Iru Ofala on Friday and ended with Azu Ofala on Saturday. Globacom’s Divisional Head, South, Mr. Tochukwu Okechukwu, who represented the company at the Ime Obi venue of the event in Onitsha, Anambra…

Tony Elumelu’s Speech On 1 million Barrel of Oil Production Per Day Initiative Tony Elumelu Mr. Tony Elumelu, CFR today at the launch of Project 1MMBOPD ( One million of barrel of oil production per day) initiative, presented a key note address. Elumelu, Group Chairman of UBA and Chairman, Heirs Energy Limited, advocated various reforms to meeting the target. Goodwill Message Delivered by Tony O. Elumelu, CFR, Chairman: Heirs Holdings Group UBA Group; Transcorp Group at the 3rd Anniversary of Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Theme: Transformation, Innovation & Excellence Transcorp Hilton Abuja Monday, October 21, 2024 Introduction Good…

Nigeria supplies 24-hour electricity to Togo, Benin, Niger — TCN Nigeria supplies 24-hour electricity to Togo, Benin and Niger. The Managing Director and CEO of the Transmission Company of Nigeria (TCN), Sule Abdulaziz, revealed that Nigeria continues to provide 24-hour electricity to neighbouring countries Togo, Benin, and Niger despite domestic challenges, including the recent national grid collapse. Speaking on Channels TV’s Politics Tonight programme on Sunday, Abdulaziz said, “We supply Togo, Benin, and Niger. They get power from Nigeria on a 24-hour basis, and they are paying for it.” When asked why many Nigerians do not enjoy similar uninterrupted power,…