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Stanbic IBTC Earns N68bn At Half-year, 11% Higher Than Last Year

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced its six months’ unaudited results for the period ended June 30, 2015, with gross earnings at N68.3 billion, an increase of 11 percent over the N61.7 billion recorded in the comparable period of last year. According to the ...

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Questions Okonjo-Iweala Could Not Answer – Adams Oshiomhole

    Governor Adams Oshiomhole of Edo State has said that there is nothing ‘personal’ between him and former minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala. The governor in a statement by Kassim Afegbua, Special Adviser, Media and Public Affairs, to the governor, on Thursday ...

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AKPOBOLOKEMI: End of an era in NIMASA

President Muhammadu Buhari has terminated the appointment of Patrick Ziakede Akpobolokemi as Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA). A statement by Femi Adesina, the special adviser to the President on media and publicity, the termination of Mr. Akpobolokemi’s appointment takes immediate effect. “He is to hand ...

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Questions Okonjo-Iweala Could Not Answer – Adams Oshiomhole

Governor Adams Oshiomhole of Edo State has said that there is nothing ‘personal’ between him and former minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala. The governor in a statement by Kassim Afegbua, Special Adviser, Media and Public Affairs, to the governor, on Thursday said the ...

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Don’t Kill NNPC, Insulate It From Political Interference For Global Best Practices – PENGASSAN

Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has described as ill-informed and unnecessary the call for the scrapping of the Nigerian National Petroleum Corporation (NNPC) by Kaduna State Governor Nasir el-Rufai. Mr. Lumumba Okugbawa, PENGASSAN’s Acting General Secretary, reacting to the governor’s comment in a paper he ...

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GOtv Goes Live In Nnewi, Unveils ‘Double Double’ Promo

Digital terrestrial pay-TV, GOtv has extended its service to Nnewi, Anambra State. The extension, according to the pay-TV firm, is coming on the heels of its recently introduced ‘GOtv Double Double’ promo. GOtv said it had previously covered Awka and Onitsha in Anambra State but this move gives more Nigerians ...

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Discos Pledge To Increase Electricity Supply, Seek FG Assistance

Owners of the electricity distribution companies (DISCOs) have pledged their commitment to support government to continue to make progress in its bid to provide steady electricity for Nigerians. At the same time, they called on the Federal Government to further assist them in closing gaps that were not envisaged when ...

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Tony Elumelu Foundation: 1,000 African Entrepreneurs Gather In Nigeria For Boot Camp

One thousand entrepreneurs from across Africa gathered in Ota, Southwest Nigeria, between Friday and Saturday for an intensive two-day boot camp hosted by Tony Elumelu Foundation. The 1,000 entrepreneurs were all part of the inaugural class of the Tony Elumelu Entrepreneurship Programme (TEEP), a multi-year programme of training, funding and mentoring, ...

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FBN Capital Facilitates N89bn For Accugas

First Bank of Nigeria (FBN) Capital Ltd said it has facilitated the closing of up to $445 million syndicated medium term facility for Accugas Ltd. Accugas, a wholly owned subsidiary of Seven Energy International Ltd, is the gas processing, marketing and distribution arm of Seven Energy. The medium term facility ...

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Spain Buys €6.5bn Oil From Nigeria

The Government of Spain on Tuesday said it bought oil and gas worth 6.5 billion Euros from Nigeria in 2014. The Spanish Ambassador Alfonso Sebastian de Erice, made the trade value known on a visit to the Speaker of the House of Representatives Yakubu Dogara at the National Assembly. Appreciating ...

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