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Q3 2024: Seplat Energy Grows Revenue to N1.071trn

• by Olusegun Edwards
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Seplat Energy Plc has recorded N1.071 trillion for the third quarter of 2024, an increase from the N478.1 billion posted in the same period of 2023. The company stated this in its unaudited results filed with the Nigerian Exchange Ltd. (NGX) and the London Stock Exchange on Tuesday,, 29th 2024. The company’s Chief Executive Officer […]

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UBA restates commitment to Africa’s long-term investments, set to expand operations in Middle East

• by Olusegun Edwards
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Africa’s Global Bank, United Bank for Africa (UBA) Plc, has set the wheels in motion to expand its operations in the Middle East with plan ongoing to open a subsidiary in Saudi Arabia, its largest economy. This move which is expected to happen within the next year will mark the bank’s second subsidiary in the […]

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Dangote kicks off mega environmental restoration project, plants 10,000 mangrove trees

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To enhance its environmental sustainability initiatives in line with global best practices, Dangote Industries Limited (DIL), has embarked on a restoration project of planting 10,000 mangrove trees across coastal states in Nigeria. The project, in partnership with Eco-Restoration Foundation, kickstarted at Akodo-Ise, Ibeju-Lekki, Lagos, was aimed at minimising the global effects of climate change, by […]

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Dangote On IPMAN: Setting the Record Straight

• by Olusegun Edwards
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The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. Although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing difficulties loading refined products from our Petroleum Refinery, as we […]

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CSCS Wins “Capital Market Infrastructure Developer Of The Year” At BAFI Awards 2024

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Central Securities Clearing System (CSCS) Plc, Nigeria’s premier capital market infrastructure,otherwise known as the central depository of the ‘Stock Exchange’, has been honoured for its outstanding contributions to the financial services industry. CSCS received the prestigious Capital Market Infrastructure Developer of the Year award, at the 12th Business Day Banks and other Financial Institutions (BAFI) […]

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At 2024 BAFI Awards: United  Capital  Group Emerges Financial Services  Group Of The Year,Wins Five Major Awards 

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In a remarkable display of leadership and excellence, United Capital Group dominated the 2024 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, securing five major awards and solidifying its position as a top-tier financial services powerhouse. The Pan-African investment and financial services group excelled across multiple categories, winning: • Financial Services Group of the Year […]