BUSINESS Archives - Page 13 of 162

Transcorp Hilton Abuja wins Traveller Review Award 2022

February 10, 2022Ayo Olowo

Transcorp Hilton Abuja, the flagship hotel of leading hospitality brand Transcorp Hotels Plc., has won Booking.com’s Traveller Review Award 2022. This award celebrates businesses that consistently exceeded travellers’ expectations, having earned great traveller reviews. “We are honoured to receive this award which highlights Transcorp Hilton Abuja as consistently delivering quality experiences while navigating changing guest […]

Guaranty Trust Holding Company Plc (GTCO Plc) acquires the Mutual Fund and Pension Subsidiaries of Investment One

February 8, 2022February 8, 2022Ayo Olowo

Guaranty Trust Holding Company Plc (GTCO Plc or the Group) (GTCOplc.com), a diversified financial services provider, today notified the Nigerian Exchange Group (NGX) and the investing public that GTCO Plc has concluded the acquisition of the 100% equity stake in Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM) (together, the Companies) held by […]

FG delaying our seaport, investors ready – Akeredolu

February 5, 2022February 5, 2022Ayo Fashanu

Governor Oluwarotimi Akeredolu of Ondo State has said the planned Ondo Sea Port Project will not be abandoned. He disclosed that some investors have expressed interest in the project already but that its take-off was being delayed because of approval from the federal government. He disclosed this on Friday while speaking at a retreat organised […]

SEPCOL Reacts to Fire Outbreak on its Ukpokiti Offshore Facility, Trinity Spirit FPSO

February 4, 2022February 4, 2022Ayo Olowo

The Management of Shebah Exploration and Production Company Ltd (SEPCOL) in RECEIVERSHIP has announced the unfortunate incident of a fire that engulfed its offshore facility, the FPSO Trinity Spirit, located at the Ukpokiti Teminal, following an explosion during the early hours of Wednesday, 2nd of February 2022. The cause of the explosion, according to a […]

Obasanjo’s 2,420-hectare Benue farm torched; firefighters beaten and robbed by gunmen

February 1, 2022February 1, 2022Ayo Olowo

An Orchard Farm, belonging to former President of Nigeria, Chief Olusegun Obasanjo, has been gutted by fire. The farmland, located at Howe, a few kilometres away from Aliade, headquarters of the Gwer East Local Government Area of Benue State, was said to have suddenly gone up in flames on Saturday. The inferno reportedly burnt some […]

We used N100bn to rehabilitate refineries in 2021

January 31, 2022January 31, 2022Ayo Fashanu

The Nigerian National Petroleum Company, NNPC Limited has made a shocking disclosure at the Federation Account Allocation Committee (FAAC) meeting. The company, in its 2021 performance report submitted to the committee recently, the national oil firm said it spent N100 billion on the rehabilitation of the nation’s refineries last year. It revealed that N8.3 billion […]

Dana Air sends apologies to passengers over flight delays, cancellations

January 27, 2022January 27, 2022Ayo Fashanu

The management of one of Nigeria’s popular airlines, Dana Air has apologised to its numerous customers for the recent delays and flight cancellations due to an unscheduled maintenance on two of their aircraft. The airline made the apology in an official statement issued Thursday, stating that “The management of Dana Air wishes to apologise for […]

Apply NOW for $5000 grant, mentorship, training and more on the 2022 Tony Elumelu Foundation Entrepreneurship Programme!

January 1, 2022January 1, 2022Ayo Olowo

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs across all 54 African countries, has opened applications for the 2022 TEF Entrepreneurship Programme on www.TEFConnect.com. African entrepreneurs with business ideas or existing businesses under 5 years, are encouraged to apply now for $5000 seed capital, mentorship, business management training and more on the 2022 […]

NNPC bags 2021 award for oil and gas reforms

December 27, 2021December 27, 2021Ayo Fashanu

The Nigerian National Petroleum Company Limited has ended the year on a bright note after bagging an award as the overall best company in oil and gas reforms at the Open Government Partnership global awards, which was held in Seoul, South Korea. Nigeria picked the award at the expense of other member countries in Africa […]

63 Customers Emerge Winners in UBA Savings Promo

December 24, 2021December 24, 2021Ayo Olowo

Africa’s global bank, United Bank for Africa (UBA) Plc on Tuesday delighted 63 of its customers spread across its various saving products at its ‘super savers promo draw. The 63 lucky winners who will now have a merry Christmas courtesy of UBA, comprise 12 new millionaires, 20 kiddies and teens account holders who won N200,000 […]