BUSINESS

UBA, Mastercard Introduce Debit Card With Benefits, Discounts To Commemorate UBA’s 75th Anniversary

Daily Dispatch November 13, 2024

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has collaborated with Mastercard to launch a commemorative debit card in celebration of UBA’s 75th anniversary. This collaboration aims to honour UBA’s long-standing customer relationships and enhance their banking experience with a range

BUSINESS

Afreximbank approves $200m facility for BUA to support expansion plans

Daily Dispatch November 13, 2024

The African Export-Import Bank (Afreximbank) has approved a $200 million Corporate Finance Facility for BUA Industries Limited to support its expansion plans BUA disclosed this in a statement made available to The Star on Tuesday, November 12, 2024. The company noted that the first tranche of $150 million was disbursed on October 16. Speaking on […]

BUSINESS

UBA appoints Henrietta Ugboh as non-executive director

Daily Dispatch November 13, 2024

The United Bank for Africa (UBA) Plc has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director. UBA announced Ugboh’s appointment in a statement on Tuesday, November 12, 2024. The bank noted that the appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria (CBN). The bank also […]

BUSINESS

IPMAN Secures Agreement With Dangote To Lift PMS Directly

Daily Dispatch November 11, 2024

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has finally secured an agreement with Dangote Refinery to lift products directly. ExxonMobil graduate internship IPMAN National President, Abubakar Garima, disclosed this development in Abuja on Monday following a meeting of the National Working Committee of the Association. This is coming months after the

BUSINESS

NNPCL Set To Commission 12 CNG Stations

Daily Dispatch November 11, 2024

Group CEO of NNPCL, Mr Mele Kyari, has revealed that the company has perfected plans to deliver 12 Compressed Natural Gas (CNG) mother stations and mini Liquefied Natural Gas (LNG) plants soon. He disclosed that the 12 CNG mother stations and mini LNG plants were part of efforts to boost the existing 1.6 billion standard cubic feet (scf) of gas […]

BUSINESS

Petrol landing cost drops to N971/litre – Report

Daily Dispatch November 11, 2024

The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction of 20.34 per cent, dropping to N971.57 per litre over the past three months. This reduction in landing cost, which reflects the price of importing and distributing the product, indicates some relief in terms of […]