BUSINESS

OPEC admits Equatorial Guinea as member

Africa’s third-biggest oil producer, Equatorial Guinea, has been accepted as a new member of the Organisation of the Petroleum Exporting Countries (OPEC), Reuters reports on Thursday. Equatorial Guinea said in January it was seeking to become OPEC’s 14th member and ...

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PENGASSAN lauds FG efforts to sustain refineries

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has commended the Federal Government for its effort  to ensure that the four refineries in the country function at optimal capacity. The President of the association, Mr Francis Olabode, ...

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UBA Puts Customers First, Introduces World Class Mobile Banking App with Lots of Features

In demonstration of its commitment to deliver superior and innovative banking solutions to its customers, pan African financial institution, United Bank for Africa Plc, has announced the launch of a brand new mobile banking application with many user friendly features. The ...

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S&P assigns ‘B/B’ ratings and stable outlook on UBA Plc; at par with the Nigerian Sovereign

International Rating Agency, Standard and Poor’s (S&P) assigned  its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa Plc (UBA). These ratings on the pan African financial institution, United Bank for ...

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Female Entrepreneurs Benefit From Access Bank’s Womenpreneur Series in Kaduna

In furtherance of its commitment to empower female entrepreneurs across Nigeria Access Bank has extended its Womenpreneur Business Workshop to Kaduna State. To give the women in Kaduna a professional business capacity-building experience, Access Bank’s W Academy partnered with the ...

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Ease of doing business: Osinbajo signs 3 pro-business orders, 48 hour visa

Foreigners seeking Visa to Nigeria can now get it within 48 hours, according to one of the three executive orders signed Thursday  by Acting President Yemi Osinbajo, SAN, The signing was the climax of the Presidential Enabling Business Environment Council ...

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Oando seeks approval to refurbish refineries

Mr. Wale Tinubu, the Managing Director, Oando Plc on Thursday said that the company would seek approval from the Federal Government for the refurbishment of one or two refineries. The Company’s facts behind the figures at the Nigerian Stock Exchange ...

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15 ships discharging food, petrol, others items — NPA

Fifteen ships are discharging petroleum products and other commodities at the Lagos ports, the Nigerian Ports Authority (NPA) said on Wednesday. NPA said that the ships were also discharging general cargoes, buck wheat, frozen fish, diesel, container, base oil and bulk gas. ...

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Senate approves harmonized Agricultural Credit and Guarantee Scheme Bill

The Senate on Wednesday approved the harmonised version of the Agricultural Credit and Guarantee Scheme (Amendment) Bill, 2017. This followed the consideration of report of the Conference Committee on the bill, which was passed by the Senate and the House ...

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Agip to build 150,000 barrel per day refinery in Nigeria

The Nigerian Agip Oil Company (NAOC) has accepted to build a 150,000 barrels per day refinery in either Port Harcourt or Brass worth 15 billion US dollars, the Minister of State, Petroleum, Dr Ibe Kachikwu said on Tuesday. Kachikwu briefed ...

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