Cititrust Holdings Repositions, Explains Agenda

Cititrust Holdings Repositions, Explains Agenda

As part of measures to enhance growth, Cititrust Holdings Plc has divested its 100 percent equity holdings in Cititrust Financial Services Plc.  A statement issued by Cititrust Holdings on Wednesday explained that the decision was taken after considering that the...
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US Sues Uber For Overcharging Disabled People

US Sues Uber For Overcharging Disabled People

The US Justice Department (DoJ) is suing ride-hailing app Uber over allegations it has been overcharging disabled people. The DoJ claims Uber’s “wait time” fees are discriminating against disabled passengers who need more than two minutes to ...
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Nigerian Navy Deploy Ships, Helicopters For ‘OMI MIMO’ Exercise

Nigerian Navy Deploy Ships, Helicopters For ‘OMI MIMO’ Exercise

The Nigerian Navy (NN) has deployed six ships, two helicopters and the NN Special Boat Service (SBS) alongside two Deep Blue Project ships for OMI MIMO Sea exercise.  Rear Adm. Jason Gbassa , the Flag Officer Commanding (FOC) Western Naval...
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SEC, SON, Others To Brainstorm On Commodities Standards

SEC, SON, Others To Brainstorm On Commodities Standards

The Securities and Exchange Commission and the Standards Organisation of Nigeria are set to take their collaboration on Commodities Trading Ecosystem a step further with the hosting of a Commodities Standards Sensitisation Workshop.  A statement issued on...
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Okomu Oil Reports N31.04b Turnover In Nine Months

Okomu Oil Reports N31.04b Turnover In Nine Months

By Moses Ebosele, ebosele@hotmail.com   — For the nine-month ended September 30, 2021, Okomu Oil Palm Company Plc has declared N31.04 billion turnover, representing  increase of 66.79 percent when compared with N18.61 billion attained within same pe...
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PenCom Extends 2021 Online Verification, Enrollment Exercise

PenCom Extends 2021 Online Verification, Enrollment Exercise

The National Pension Commission (PenCom) has extended the online verification and enrollment exercise for 2021 retirees, and prospective retirees of the Federal Government Treasury Funded Ministries, Departments and Agencies (MDAs).   The Head, Corpo...
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Seplat Energy Declares N62.6b Operating Profit, Okay $0.025 Dividend For Q3

Seplat Energy Declares N62.6b Operating Profit, Okay $0.025 Dividend For Q3

By ebosele@hotmail.com  — Seplat Energy Plc , listed on both the Nigerian Exchange Limited and the London Stock Exchange, has reported a nine month (Q3) 2021 revenue of N182.7billion, representing a rise of 18.7 percent year-on-year. In its unaudited r...
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SON Unveils 37 Standards For Industrial Development

SON Unveils 37 Standards For Industrial Development

The Standards Organisation of Nigeria (SON) has unveiled 37 standards to boost Nigeria’s industrial development and improve its competitiveness in the African Continental Free Trade Agreement (AfCFTA).  Chairman, SON Governing Council, Mrs Evelyn N...
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NIMASA DG Lists Incentives To Boost Nigeria’s Maritime Sector

NIMASA DG Lists Incentives To Boost Nigeria’s Maritime Sector

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, on Thursday said the Federal Government is working on reviving the national shipping fleet with carriage rights of up to 50 per cent of all state-owned cargoes.  ...
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NCC Celebrates Retiring Staff, Osmund Omulu

NCC Celebrates Retiring Staff, Osmund Omulu

Staff of the Nigerian Communications Commission (NCC) converged in the Conference Room of the Commission’s Head Office recently, to honour Osmund Omulu, a staff of the Commission, who is retiring upon attaining the Nigerian public service mandatory retir...
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NCC, WATRA To Combat e-Fraud, Standardise Regional Roaming Tariffs

NCC, WATRA To Combat e-Fraud, Standardise Regional Roaming Tariffs

The Nigerian Communications Commission (NCC) and other telecoms regulators under the auspices of West African Telecoms Regulators Assembly (WATRA) are set to develop technical and regulatory modalities aimed at combating rising wave of electronic frauds, and s...
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ABC Orjiako:  Energy Transition Must Be Done In A Collaborative Manner

ABC Orjiako: Energy Transition Must Be Done In A Collaborative Manner

In recognition that one of the biggest challenges in Energy Transition is the continuous discordant tunes that are being sung across the world, Dr. ABC Orjiako, Chairman, Seplat Energy Plc believes that the best of this new journey can only...
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Bayelsa To Borrow N43.57b As Debt Hits N169b

Bayelsa To Borrow N43.57b As Debt Hits N169b

The Bayelsa State Government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as the state’s debt profile hits N169 billion.   The borrowing plan is contained in the 2022 Appropriation Bill of the...
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Osinbajo, Onyema, Others Laud Seplat Awesome Women’s Network Initiative

Osinbajo, Onyema, Others Laud Seplat Awesome Women’s Network Initiative

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian and London stock exchanges, has launched the Seplat Awesome Women’s Network (SAWN) under its Seplat Gender Diversity programme.  The launch took place at the Co...
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