Debt of N831m: UBA acquires firm’s assets
UNITED Bank for Africa (UBA) has seized the assets of the Nigerian construction company Borini Prono (Nig) to satisfy a judgment obligation of N831,024,818.30 awarded by the Federal High Court…
Reps summon NBET chief over $43 million gas contract
Nnaemeka Eweluka, the managing director/chief executive officer of Nigerian Bulk Electricity Trading Company Plc, has been called by the House of Representatives’ Committee on Finance for refusing to appear in…
Obaseki guarantees assistance for the Duport energy park
After touring the Duport Energy Park, a project of the Nigerian Content Development and Monitoring Board and Duport Midstream Company Limited in the state’s Orhionmwon Local Government Area, Governor of…
Islamic bank accepts $1.8 billion to finance projects in Nigeria.
The Islamic Development Bank has approved $1.8 billion to finance numerous important projects in Nigeria in an effort to boost economic growth. This information was revealed by Dr. Mohamed Jasser,…
Access Bank to Splash Over N1bn on Customers in Winfest Campaign
The Access Winfest promotion, which runs from October 2022 to November 2023, will reward Access Bank Plc’s devoted clients with cash prizes and other products worth up to N1 billion…
(JUST IN): Atiku once more departs for Europe ostensibly on business.
Atiku Abubakar, a former vice president of Nigeria and current presidential contender for the Peoples Democratic Party (PDP), recently traveled to Europe for “commercial meetings.” According to sources, the PDP…
Naira increases slightly and trades at 441.25 to the dollar.
At the Investors and Exporters window on Monday, the Naira marginally strengthened versus the dollar, trading at N441.25. In comparison to the N441.38 it exchanged for the dollar before the…
Aduda Resuming As New Permanent Sec For Petroleum Ministry, Committed To Sector’s Success
The Ministry of Petroleum Resources now has Ambassador Gabriel Aduda as a permanent secretary. According to a statement made on Wednesday by Mrs. Enefaa Bob-Manuel, the ministry’s director of information,…
Petroleum Refiners Are Concerned About Oil and Gas Distribution and Storage Bottlenecks in Africa
Stakeholders are concerned about energy security in Africa as petroleum products’ infrastructure, particularly for storage and delivery, threatens the continent’s expanding demand and surging population. This concern has been exacerbated…
FirstBank Accomplices Verve To Reward Clients With N20m
First Bank in association with Verve Global, has sent off its third Public Shopper promotion intended to compensate clients of FirstBank verve card with energizing gifts and monetary rewards to…
