Aramco Boosts Dividends Despite Drop In Profit

Aramco Boosts Dividends Despite Drop In Profit

Saudi Aramco has reported a steep decline in profits, after the energy giant cut production and oil prices fell sharply in 2023. Its profits fell 25% to $121bn (£91bn) profits after a record-smashing year in 2022. But the figure is...
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Rivers Govt Pledges Support For Wigwe University

Rivers Govt Pledges Support For Wigwe University

As part of measures to immortalize the late Herbert Wigwe, Rivers State Governor, Siminalayi Fubara, has pledged that the state government will support Wigwe University. After Wigwe’s funeral church service in Isiokpo on Saturday, Governor Fubara said t...
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Lagos Govt To Sanction Uber

Lagos Govt To Sanction Uber

Citing non-compliance with an important data-sharing agreement, the Lagos State Government has announced its intention to sanction Uber Technologies System Nigeria Ltd.   The Lagos State Commissioner for Transportation, Mr Oluwaseun Osiyemi, explaine...
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Edo Launches ‘Feed The Hungry’ Initiative, Commits N1b Monthly

Edo Launches ‘Feed The Hungry’ Initiative, Commits N1b Monthly

The Edo State Governor, Mr. Godwin Obaseki, on Friday, flagged off the “Feed the Hungry” initiative, committing over N1 billion monthly to feed poor and vulnerable residents of the State amid the hardship and suffering occasioned by the dire econ...
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Presco Celebrates International Women’s Day, Seeks Gender Equality

Presco Celebrates International Women’s Day, Seeks Gender Equality

Foremost Producer of Specialty Fats and Oils, Presco Plc, on Friday, joined the international community to mark the 2024 International Women’s Day (IWD), calling for inclusion, a gender-equality world free of bias, stereotypes and discrimination. A...
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Jetour Exhibits Attributes At Lagos Motor Show

Jetour Exhibits Attributes At Lagos Motor Show

Smarting from its superb performance at the Abuja Motor Fair which held late last year at the International Conference Centre, Jetour Mobility Services has once again stolen the show with its models at the Lagos Motor Show, which held at...
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Tinubu Reconstitutes NELMCO Board

Tinubu Reconstitutes NELMCO Board

President Bola Tinubu has approved the reconstitution of the Board of the Nigeria Electricity Liability Management Company (NELMCO). The reconstitution comes with the modification of the NELMCO Board structure, which empowers the Office of the Minister of Powe...
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FG Inaugurates Committee On Implementation Of Oronsaye Report

FG Inaugurates Committee On Implementation Of Oronsaye Report

The Federal Government has inaugurated the Committee on the implementation of the recommendations on the review of reports and White Papers on the Restructuring and Rationalisation of Federal Government Parastatals, Agencies, and Commissions better known as th...
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Tinubu Signs Executive Orders For Oil, Gas Investments

Tinubu Signs Executive Orders For Oil, Gas Investments

President Bola Tinubu has signed an executive order to improve the investment climate and position of Nigeria as the preferred investment destination for the oil and gas sector in Africa. This is in keeping with his commitment to remove obstacles...
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NCDMB Host Oil Industry Players, Academia, On Research, Innovation Imperatives

NCDMB Host Oil Industry Players, Academia, On Research, Innovation Imperatives

Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU), Amassoma, with special focus on needs-driven research and deepening of collaboration and...
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Adesina Bags Awolowo Prize For Leadership

Adesina Bags Awolowo Prize For Leadership

President of the African Development Bank (AfDB), Dr Akinwumi Adesina has bagged the 2023 Obafemi Awolowo Prize for Leadership. At a colourful ceremony on Wednesday in Lagos, Serving and former African Presidents took turns to commend the outstanding leadershi...
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NIMASA, Firm Seal Data Exchange MoU

NIMASA, Firm Seal Data Exchange MoU

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a Memorandum of Understanding (MoU) with Sternula Denmark on full-scale Very High Frequency (VHF) Data Exchange System (VDES) space capabilities between the Agency and Sternul...
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Ecobank MySME Growth Series: Expert Proffers Solution To Manage Strategic Staff In “Japa” Era

Ecobank MySME Growth Series: Expert Proffers Solution To Manage Strategic Staff In “Japa” Era

Against the backdrop of the migration of Nigerian professionals, commonly regarded as ‘japa syndrome’ to developed countries of the world, a human resource expert, Hilda Kabushenga, CEO, The African Talent Company, has said though the factors are beyond or...
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NGX Group Declares N5.2b Profit, N1.5b Dividend For 2023

NGX Group Declares N5.2b Profit, N1.5b Dividend For 2023

Nigerian Exchange Group Plc has announced its full-year Audited Financial Statements for the year ended 31 December 2023, with a profit after tax of N5.2 billion and a declaration of a final dividend of N1.5 billion.  The Group experienced a...
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