BUSINESS

Ogun To Join Oil Producing States, As Exploration Commences

Daily Dispatch May 31, 2024

The quest of Ogun State to be an oil producing State would soon materialize as the Nigerian National Petroleum Corporation Limited (NNPCL), sets to begin oil and gas exploration in the Gateway State. Stakeholders in the oil industry, including the Minister of State for Petroleum Resources

BUSINESS

UBA wins Best Regional Bank at African Banker Awards 2024

Daily Dispatch May 30, 2024

United Bank for Africa (UBA) Plc. has been announced as the Best Regional Bank (West Africa) at the African Banker Awards 2024. The annual African Banker Awards, organised by the African Banker Magazine, took place on Tuesday, May 28, 2024 in Nairobi, Kenya, on the side-lines of the African Development Bank (AfDB) Annual Meetings. The […]

BUSINESS

FG Moves to Cushion Effects of Subsidy Removal, Commissions 5.2 mmscfd CNG Plant in Lagos

Daily Dispatch May 30, 2024

…As NNPC Plans to Roll Out Six More CNG Stations Nationwide In its continued efforts to provide alternative source of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant in Lagos. Minister of […]

BUSINESS

NNPC Ltd, JV Partners, NDDC Commission N24.5bn Ogbia-Nembe Road

Daily Dispatch May 28, 2024

…As FG Calls for More Collaboration to Deliver Sustainable Projects As part of activities to mark the one year anniversary of the President Bola Ahmed Tinubu administration, the NNPC Ltd and its joint venture partners – Shell Petroleum Development Company (SPDC), TotalEnergies, Nigeria Agip Oil Company (NAOC) – in collaboration with the Niger Delta Development […]

BUSINESS

Shareholders Throw Weight behind Fidelity Bank’s Recapitalisation Plan

Daily Dispatch May 27, 2024

nvestors delighted with bank’s impressive performance Shareholders have expressed readiness to massively support and mobilise for the ongoing recapitalisation of Fidelity Bank Plc amid commendations for the impressive performance of the bank over the years. Shareholders were unanimous that Fidelity Bank has shown strong resilience over the years and demonstrated its

BUSINESS

NNPC Ltd , Schlumberger (SLB) Sign Agreement to Boost Upstream Operations

Daily Dispatch May 23, 2024

…As Kyari Reiterates Company’s Resolve to Create Value for Nigeria  As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards bolstering upstream operations. The agreement was