BUSINESS

UBA Partners NBA Young Lawyers Forum, to Foster Professional Growth of 50,000 Practitioners

Daily Dispatch August 9, 2024

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced a strategic partnership with the Young Lawyers Forum (YLF) of the Nigerian Bar Association (NBA) with the aim to propel the professional development of over 50,000 young legal practitioners across Nigeria, by way of academic

BUSINESS

Dangote refinery’s diesel, jet fuel supplies to disrupt Europe’s oil & gas industry – OPEC….says is a big plus to Nigeria’s economy

Daily Dispatch August 8, 2024

It is a big plus to Nigeria’s economy The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil Market Report for June 2024

BUSINESS

CBN auctions $876m to 26 banks, disqualifies six

Daily Dispatch August 8, 2024

The Central Bank of Nigeria has auctioned a total sum of $876.26m to 26 qualified banks, who participated in the latest Retail Dutch Auction System undertaken by the apex bank. The auction process conducted on Tuesday, August 6, 2024, aimed to enhance FX liquidity in the market, alleviate demand pressure, and support price discovery in alignment […]

BUSINESS

2024 Union Bank Graduates new Management Trainees

Daily Dispatch August 7, 2024

Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024 set of Management Trainees. The ceremony, which was held at the Bank’s multiple-purpose sports complex, ‘The Stable, ’ in Surulere, Lagos, included the financial institution’s senior management officials and

BUSINESS

Domestic Refinery: Count us out of any act of sabotage – NNPCL, NMDPR

Daily Dispatch August 7, 2024

The Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited, Mele Kyari, on Wednesday, agreed to a televised public hearing in the Senate. This is coming over a series of allegations accusing the state-owned oil company of sabotage in the nation’s oil sector. Also, the Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory

BUSINESS

Shell reports $1.7bn structural cost reduction and profit of $6.3bn

Daily Dispatch August 4, 2024

Oil Major Shell Plc, Chief Executive Officer (CEO), Wael Sawan has said that Shell delivered another strong quarter of operational and financial results. Sawan pointed out that Shell has further strengthened it leading LNG portfolio, and made good progress across it’s Capital Markets Day 2023 financial targets, including $1.7 billion of structural cost reductions since