Press Releases

Dangote Refinery

Dangote Commends NUPRC for Publishing Domestic Crude Supply Obligation Guidelines Insists IOCs Frustrating Its Crude Supply

The Management of Dangote Industries Limited (DIL) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its various interventions in the oil company’s crude supply requests from International Oil Companies (IOCs), and for publishing the Domestic Crude Supply Obligation (DCSO) guidelines to enshrine transparency in the oil industry. Vice President, of Oil & Gas, […]

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Adaora

Umeoji Zenith Bank’s GMD Highlights Robust Financial Metrics: Says Bank Is Poised To Cross The N1trn Mark Profit In 2024.

Zenith Bank Plc, Nigeria’s leading financial institution, has disclosed to the  Capital market community and the Nigerian investing public its inherent values as it embarks on the Central Bank of Nigeria (CBN) new recapitalisation  exercise for the banking industry. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, […]

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United Cap

United Capital Asset Unveiles ‘Stable Income Fund’ for High-Value Investors

United Capital Asset Management has launched the United Capital Stable Income Fund, a new mutual fund designed for high-value investors seeking stable returns with low risk. The fund invests in a diversified portfolio of money market and fixed-income securities, aiming to provide stable returns over a medium to long-term period while preserving capital. With a […]

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Alawuba Uba

UBA’s GMD Appointed Chairman, CIBN Body of Banks’ CEOs

The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs. The CIBN announced this appointment on its website on Monday, July 8, 2024. This prestigious appointment underscores Alawuba’s extensive experience and visionary […]

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Info Minister

FG Commends NIPR On Historic Initiatives for Public Relations Practice

The regulatory body of Public Relations practice in Nigeria, the Nigerian Institute of Public Relations (NIPR), has received the  commendation of the federal government for its various initiatives, which has contributed to the overall development of the country in the area of communication and information technology management. The Minister of Information and National Orientation, Mohammed […]

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Sanwo

Ssnwo-Olu Condoles With Zulum, Borno Govt Over Bomb Attacks

Lagos State Governor, Mr. Babajide Sanwo-Olu, has sympathised with the Government and people of Borno State, particularly the Governor Babagana Zulum, on the multiple bomb attacks, which resulted in the death of some people, leaving several others injured in the Gwoza Local Government Area of the State. Governor Sanwo-Olu, in a condolence message issued on […]

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Amtdi Visit

Halilu Underscores AMTDI’s Commitment to Advancing Technological Infrastructure, Innovation in Nigeria

The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Suleiman Halilu has conducted an inspection visit to the Advanced Manufacturing Technology Development Institute (AMTDI), an institute under NASENI, in Jalingo, Taraba State. The visit was to underscore NASENI’s commitment to advancing technological infrastructure and fostering innovation in Nigeria […]

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Obasa

Cholera Outbreak: Lagos Assembly Seeks Improved Enlightenment Campaign

The Lagos State House of Assembly on Tuesday called on the relevant offices of the government to embark on massive enlightenment of the residents on the best ways to curtail the spread of cholera in the state. This was as the House also called for the activation of some sections of the State health law […]

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Adeyanju

MWUN President General, Adeyanju Bags Institute of Corporate Administration Award

  The President General of the Maritime Workers Union of Nigeria (MWUN), Prince Adewale Adeyanju , on Monday, 10th June, 2024, honoured  with the fellowship award of the Institute of Corporate Administration In a letter of award sent to the PG and signed by Dr. Godswill C. Onyekwera, Director,/Chief Learning Officer, the Institute informed him […]

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June 12: Lagos Speaker, Obasa, Fashola, Foreign Diplomats Advocate Protection of Nigeria’s Democracy

Despite its challenges, democracy in Nigeria must be protected by every citizen, speakers at an event to commemorate the country’s 25 years of unbroken democratic governance organised by the Lagos State House of Assembly have warned. Speaker of the House, Rt. Hon. Mudashiru Obasa, former governor of Lagos, Mr. Babatunde Fashola, foreign diplomats, and business […]

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Kanu

Nnamdi Kanu Embraces Out-of-court Settlement in Lingering Alleged Terrorism Trial

The detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, on Wednesday hinted at exploiting the process of an out-of-court settlement in his alleged treasonable felony trial. Kanu made the disclosure at his resumed trial before Justice Binta Nyako of the Federal High Court in Abuja. The detained IPOB leader has been […]

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Gtco

GTCO Notifies SEC of Plans To Raise Capital Base By Additional N500bn

Guaranty Trust Holding Company Plc (GTCO) has filed a preliminary “red herring” prospectus with the Securities and Exchange Commission (SEC) to raise a proposed offering of N500 billion gross proceed. This was disclosed in a notice sent by the holdings to SEC on Thursday in Lagos on 13th June, 2024. The notice said the prospectus […]

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