Category: BUSINESS

GTCO PLC

Waste for Gas – GTCO Plc Launches Initiative to Improve Quality of Life for Households and Empower Women

Ayo Olowo

Guaranty Trust Holding Company Plc (GTCO), a leading financial services institution renowned for its innovative approach to corporate social responsibility (CSR) and stakeholder engagement, today announced the launch of its “Waste for Gas” project to improve quality of life for households and empower women in underserved communities. This transformative initiative aims to distribute 3,000 3kg […]

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GTBank offers Zero Processing Fee, Removes POS Processing Fees to Support Businesses

Ayo Olowo

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions. This initiative, which took effect Tuesday, 11 February 2025, communicates that merchants using GTBank POS terminals will no longer incur Merchant Service Charges (MSC) when receiving payments from customers. […]

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GTCO PLC

GTCO’s Guaranty Trust Bank Named Best Bank for Corporate Social Responsibility in Nigeria by Euromoney

Ayo Olowo

Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious Euromoney Awards for Excellence 2024. This recognition underscores GTCO’s unwavering commitment to excellence, going beyond […]

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NNPC Ltd

NNPCL denies being sole distributor for Dangote refinery, says refineries can sell to marketers

Ayo Olowo

The Nigerian National Petroleum Company Limited (NNPCL) has denied reports that it intends to become Dangote refinery’s sole distributor. NNPC stated that refineries could sell directly to marketers. Reacting to an allegations by the Muslim Rights Concern (MURIC), accusing it of undermining the Dangote refinery and monopolising its products, NNPC issued a statement on Saturday […]

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NNPC Ltd

NNPCL seeks reputable and credible operations and maintenance companies to operate Warri, Kaduna refineries

Ayo Olowo

The Nigerian National Petroleum Company Limited (NNPCL) is seeking to engage reputable and credible operations and maintenance (O&M) companies to operate and maintain Warri and Kaduna refineries.  The refineries are the Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC). “The O&M tender for WRPC and KRPC will be treated as […]

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Pipeline Vandalism in Nigeria

Why fuel smuggling, pipeline vandalism cannot stop – Petroleum Minister

Ayo Olowo

Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri has said the twin problem of petrol smuggling and vandalism is caused by the products subsidy and corroded pipelines. Lokpobiri made this known at the just-concluded Energy and Labour Summit 2024 organised by Petroleum and Natural Gas Senior Staff Association of Nigeria in Abuja. According to […]

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Chinese investors Zhongshang finalise seizure another $57m Nigerian jet in Canada

Ayo Olowo

A Chinese firm, Zhongshang Fucheng Industrial Investment Ltd., has finalised the repossession of a luxury jet owned by Nigeria in Canada. Peoples Gazette reports that Zhongshang recently received a change of custodian paperwork for the Bombardier 6000 type BD-700-1A10 aircraft from Canadian authorities in Montreal after a Canadian court issued a judgement that empowered the […]

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