Edo Refinery Places Order For 200,000 Barrels Of Crude

Edo Refinery Places Order For 200,000 Barrels Of Crude

Edo Refinery and Petrochemicals Company Limited (ERPC), has placed order for 200,000 barrels of crude from Oza Oil Field operated by Decklar Resources and Millenium Oil and Gas Company.  Edo Refinery was established with the injection of N700 million as redeemable preference shares...
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Buhari To Inaugurate Dangote Refinery, Petrochemical Company May 22

Buhari To Inaugurate Dangote Refinery, Petrochemical Company May 22

The multi-billion Naira Dangote Refinery and Petrochemical Company will be inaugurated in Lagos on May 22, 2023, by President Muhammadu Buhari. The Group Chief Branding and Communications Officer, Dangote Industries Ltd., Mr. Anthony Chiejina who disclosed thi...
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SEC Takes Enlightenment to FRSC Zonal Commands

SEC Takes Enlightenment to FRSC Zonal Commands

As part of efforts to ensure the continued enlightenment of investors to enable them take more informed decisions, the Securities and Exchange Commission is set to hold an enlightenment programme for staff of the Federal Road Safety Corps.The Enlightenment pro...
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Cornerstone Insurance Appoints Onyejekwe Non-Executive Director

Cornerstone Insurance Appoints Onyejekwe Non-Executive Director

The Board of Directors, Cornerstone Insurance Plc has appointed Mrs. Christabel Onyejekwe as a Non-Executive Director. In a notice to the Nigerian Exchange Limited, the company explained that the appointment was subject to approval by the N...
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Tinubu Congratulates King Charles

Tinubu Congratulates King Charles

By Moses Ebosee, ebosele@hotmail.com — Nigeria’s President-Elect, Bola Ahmed Tinubu has sent a congratulatory message to the newly coronated King of the United Kingdom, King Charles lll. In a letter titled: ‘Congratulations On Your Coronation’, Ti...
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Seafarers Happiness Index Down In Q1

Seafarers Happiness Index Down In Q1

The Mission to Seafarers has published the latest Seafarers Happiness Index report for Q1 2023, revealing a decline in overall happiness levels among seafarers during the first three months of the year. The Seafarers Happiness Index (SHI) report covers ten...
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Experts Implore African Maritime Players On Energy Transition Training For Seafarers

Experts Implore African Maritime Players On Energy Transition Training For Seafarers

As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continent’s green transition. Speakers at ‘Unlocking Green Marit...
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Shippers’ Council Facilitates Release Of 50 Impounded Export Cargoes

Shippers’ Council Facilitates Release Of 50 Impounded Export Cargoes

The Nigerian Shippers’ Council (NSC) said it facilitated the release of over 50 impounded containers of export cargoes belonging to members of the Niger Shippers’ Association. According to the Council’s latest edition of its in-house bulletin called Comp...
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Unilever Shareholders Approve N1.44b Dividend For 2022

Unilever Shareholders Approve N1.44b Dividend For 2022

For the financial year ending December 31, 2022, Shareholders of Unilever Nigeria Plc have approved the payment of N1.44 billion as a dividend.  Within the period, the company posted a turnover of N88.5 billion for the financial year, representing a...
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Court Orders UBA To Take Over Ogiemwonyi’s Properties

Court Orders UBA To Take Over Ogiemwonyi’s Properties

A Federal High Court in Lagos has granted an order directing United Bank for Africa (UBA) Plc, to take over two properties located in Benin City, Edo State, belonging to Godwin Ogiemwonyi (trading under the names of Ogiemwonyi Godwin Nigeria...
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UAC Foods Gets New MD/CEO 

UAC Foods Gets New MD/CEO 

UAC Foods Limited, a subsidiary of United Africa Company of Nigeria (UACN) PLC, operating in the food and beverage sector of the Nigerian economy,  has appointed Oluyemi Oloyede as its new managing director and chief executive officer, effective from Marc...
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Shell Declares $10b Profit In Q1

Shell Declares $10b Profit In Q1

Shell on Thursday posted a first-quarter (Q1) net profit of $9.65 billion as strong earnings from trading and higher Liquefied Natural Gas (LNG) sales offset cooling energy prices, while extending its large share repurchase programme.  The stronger-than-e...
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NPA Boss Condoles With Margaret Orakwusi’s Family

NPA Boss Condoles With Margaret Orakwusi’s Family

The Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko has paid a condolence visit to the family of late Mrs. Margaret Orakwusi. During the visit, the Managing Director noted that “while it will be difficult to fil...
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Ondo Submits FBC For $1b Deep Seaport To NPA

Ondo Submits FBC For $1b Deep Seaport To NPA

As part of its commitment to creating an enabling atmosphere for the construction of more deep seaports after Lekki Deep Seaport (which is already operational), and Badagry Deep Seaport, the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Kok...
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