Ardova LPG Storage Facility Gets December Completion Date

Ardova LPG Storage Facility Gets December Completion Date

By Moses Ebosele, ebosele@hotmail.com   Ardova Plc has performed the groundbreaking ceremony for the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal at the project site in Ijora, Lagos State. The ceremony signified the official commencement of construction...
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CBN Begins e-Invoice For Importers, Exporters

CBN Begins e-Invoice For Importers, Exporters

The Central Bank of Nigeria (CBN) is to begin e-invoice for imports and exports from February 1, 2022.  A circular to all authorised dealers and the general public signed by CBN Director in charge of Trade and Exchange Department, Dr....
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FMDQ Exchange Admits Babban Gona N15b Commercial Paper

FMDQ Exchange Admits Babban Gona N15b Commercial Paper

FMDQ Securities Exchange Limited (FMDQ Exchange), has approved the registration of the Babban Gona Farmer Services Nigeria Limited N15 billion Commercial Paper (CP) Programme on its platform.  A statement issued on Friday explained that the approval came ...
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Shippers’ Council, FCCPC Seal Competition Agreement

Shippers’ Council, FCCPC Seal Competition Agreement

The Federal Competition and Consumer Protection Commission (FCCPC) has signed a Memorandum of Understanding (MoU) with the Nigerian Shippers’ Council (NSC) to ensure fair competition among operators in the industry.FCCPC’s Chief Executive Officer, Mr Babat...
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Unilever To Revisit $65b Merger Deal With GSK

Unilever To Revisit $65b Merger Deal With GSK

Unilever has signaled it will continue pursuing a blockbuster deal to buy GlaxoSmithKline’s (GSK) healthcare arm. Unilever has already had a £50b ($65b) offer rejected, but said on Monday a deal would be a “strong strategic fit”.  ...
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GSK Rejects $65b Unilever Bid For Consumer Goods Division

GSK Rejects $65b Unilever Bid For Consumer Goods Division

GlaxoSmithKline has rejected three Unilever offers to buy its consumer goods division, including one worth £50b ($65b). GSK said the proposals “fundamentally failed” to reflect the value of the division.  With a successful bid, Unilever &#821...
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Dangote Advocates Unity Among Africans As Afreximbank Unveil Centralised Payment, Settlement Infrastructure Platform

Dangote Advocates Unity Among Africans As Afreximbank Unveil Centralised Payment, Settlement Infrastructure Platform

President of Dangote Group, Aliko Dangote, has charged African leaders and citizens to be united in the promotion of the continent’s intrinsic greatness through improved trade relations amongst African countries.  Speaking at the formal launch of the Pa...
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LADOL Retains ISO 45001:2018, 14001:2015 Certifications

LADOL Retains ISO 45001:2018, 14001:2015 Certifications

LADOL Free Zone has renewed and retained its International Organization for Standardization, ISO 45001:2018+14001:2015 certifications. A statement explained that the certifications are part of the company’s efforts to continuously improve its management Syst...
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OPEC Oil Output Undershoots Target

OPEC Oil Output Undershoots Target

Increase in the Organization of Petroleum Exporting Countries (OPEC) oil output in December has again undershot the rise planned under a deal with allies, a Reuters survey found on Thursday, highlighting capacity constraints that are limiting supply as gl...
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Ecobank Nigeria: A Journey To The Top

Ecobank Nigeria: A Journey To The Top

The journey to position Ecobank as one of the top three banks in the country is fast gaining traction and recognition.   The Nigerian franchise of the Pan-African financial institution, Ecobank Transnational Incorporated (ETI) is making good its miss...
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Access Bank CEO Discusses  Expansion Plans

Access Bank CEO Discusses Expansion Plans

In an interview on CNN’s First Move with Julia Chatterley, Access Bank CEO Herbert Wigwe discussed the company’s expansion plans in Africa and beyond, balancing needs with digitization, and Access Bank’s efforts to provide financial s...
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First Bank Unveils 2021 DecemberIssaVybe Campaign

First Bank Unveils 2021 DecemberIssaVybe Campaign

In the spirit of providing enabling opportunities for families of its customers and other stakeholders to come together to celebrate, live better and achieve their dreams, FirstBank through its yearly DecemberIssaVybe campaign has unveiled the 2021 calend...
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Access Bank Shareholders Approve Holdco Structure

Access Bank Shareholders Approve Holdco Structure

Shareholders of Access Bank Plc have unanimously approved the bank’s proposed reorganisation into a Holding Company (Holdco) to be known as Access Holding Plc.  The shareholders gave the approval at the bank’s Court- Ordered Meeting on Thursday in Lag...
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CBN Earmarks N41b Through Heritage Bank For Dry Season Wheat Projects’ Farming

CBN Earmarks N41b Through Heritage Bank For Dry Season Wheat Projects’ Farming

As part of measures to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria (CBN) has set aside N41billion.   The fund is being disbursed by Heritage Bank Plc to farmers across multiple States for the...
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