NEWSTAGE Nigeria

Heirs Energies Forum 2025: Public/ Private Sector Leaders Convene To Drive Nigeria’s Oil Production Growth

by Olusegun Edwards
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Heirs Energies, Africa’s fastest growing indigenous integrated energy company, hosted its inaugural Petroleum Industry Leadership Dialogue at the Transcorp Hilton Abuja,bringing together public and private sector leaders to accelerate Nigeria’s production growth. Heirs Holdings’ subsidiary, Heirs Energies, convened the forum,moderated by CEO of Heirs Energies, Osayande Igiehon, and which featured distinguished speakers including the Minister […]

UBA Group Champions Peace in Africa with Landmark $500,000 Donation to AU Peace Fund

by Olusegun Edwards
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Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of $500,000 to the African Union (AU) Peace Fund. This donation by the UBA Group supports the AU’s efforts towards promoting security, conflict resolution, sustainable development, and a unified Africa, as envisioned […]

UBA Knowledge Series: Experts Guide SMEs On Effective Documentation Amid New Tax Regime

by Olusegun Edwards
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Tax experts have emphasized the importance of Small and Medium Scale Enterprises (SMEs) paying close attention to documentation and agreements to ensure they avoid unnecessary tax liabilities. This advice was shared during the first edition of the United Bank for Africa (UBA) Knowledge Series webinar, in the year titled “2024 Withholding Tax Regulations: Specific Emphasis […]

FG Kickstarts Construction of Emerging Technologies Institute in Kano

by Olusegun Edwards
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Friday, February 14th, 2025 marked a significant milestone in the Federal Government of Nigeria’s efforts to secure the socio-economic wellbeing of the future generation, as the ground was opened for commencement of construction of the Sustainable & Emerging Technologies Institute (SETI) under the aegis of the National Agency for Science and Engineering Infrastructure (NASENI), The […]

Campus Journalism Awards: OOU, UI Students Excel as National Wire Nurtures Future Financial Journalists

by Olusegun Edwards
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“The art of business reporting is as serious as business itself,” emphasized Friday Ekeoba, General Editor of National Wire, as he urged campus journalists to hone their skills in this specialized field. Speaking at the award presentation for the maiden edition of the Campus Business Journalism Awards, Ekeoba highlighted the importance of specialization in journalism, […]

ATM: CBN To Sanction Banks With Withdrawal Limit Lower Than N20,000

by Olusegun Edwards
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The Central Bank of Nigeria, CBN, has threatened to sanction banks that limit Automated Teller Machines (ATM) withdrawal to less than N20,000 per transaction. The apex bank disclosed this in a document addressing concerns over the reviewed fees on ATM withdrawal. Recall that CBN on Tuesday increased ATM transaction withdrawal fees, saying, from March 1st, […]

NASENI Celebrates Halilu’s Recognition as a Young Global Leader by This Day Newspaper

by Olusegun Edwards
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The National Agency for Science and Engineering Infrastructure (NASENI) has celebrated its Executive Vice Chairman/Chief Executive Officer, Khalil Suleiman Halilu, for being honoured with the Young Global Leader Award by ThisDay Newspaper during its grand 30th-anniversary celebration held on January 27, 2025, in Lagos. The award recognizes Khalil Halilu’s transformative leadership, visionary contributions to Nigeria’s […]

Access Bank Set to Host Maiden Africa Trade Conference in Cape Town, South-Africa

by Olusegun Edwards
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Major African continent’s financial institution, Access Bank Plc is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. The conference Scheduled for March 12, 2025, in Cape Town, South Africa, is poised to bring together […]

Dangote Refinery Announces Reduction of Ex-Depot Cost of PMS To N890

by Olusegun Edwards
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In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective from Saturday. This price adjustment is in response to favourable developments in the global energy sector and a significant decline in […]

Zenith Bank Promotes Over 4,000 Staff, Increases Salary By 20% – 30% Across Grades

by Olusegun Edwards
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One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades. This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, its aimed at boosting staff morale and […]

NCC Grants Telcos Request for Increase In Tariff

by Olusegun Edwards
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The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. The adjustment, capped at a maximum of 50 […]

Why We Increase Petrol Price Amid Global Crude Oil Surge-Dangote Refinery Explains

by Olusegun Edwards
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Dangote Refinery says the recent adjustment in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, is directly attributed to the increase in global crude oil prices. Mr Anthony Echiejina, Head of Corporate Communications, Dangote Industries, said this in a statement on Sunday in Lagos. On January 17, Dangote refinery increased petrol […]

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