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FirstBank raises the bar in new CEO, other appointments

The appointment of Mr. Gbenga Shobo as new Managing Director/CEO designate of First Bank Nigeria Limited on Wednesday by the Board of Directors of the Bank has been commended by industry stakeholders who said with the appointment, the Bank will no doubt raise the bar in delivery of financial services ...

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Shareholders Applaud FCMB, Approve Dividend of N2.97bn at AGM

Shareholders of FCMB Group Plc( have restated their confidence in the financial institution to sustain its impressive performance and deliver more value. The shareholders gave the commendation at the 8th Annual General Meeting (AGM) of the Group held on April 21, 2021 at its corporate head office in Lagos. They also ...

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NNPC records ₦20.36bn trading surplus in july.

Allegation of AKK contract inflation is baseless, false and malicious – NNPC The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June 2020 in its operations. Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division ...

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Ibeju-Lekki youths reap benefits of Dangote Refinery vocational training

L-R: Lagos State Director of National Directorate of Employment (NDE), Serena Olayebi Edward; Aro of Lekki, Chief Adewale Salawu (Representative of Onilekki of Lekki); Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; Chief Operations Officer, Dangote Oil Refinery Company, Giuseppe Surace; and Director Human ...

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FG deficit spending rises 6% to N1.46trn in 1st quarter

A map of Nigeria Oil revenue rises 8% to N1.5trn By Babajide Komolafe The fiscal spending of the Federal Government (FG) rose by six percent, year-on-year (YoY) to N1.46 trillion in the first quarter of the year (Q1’2020) from N1.13 trillion in the corresponding period of last year. The increase ...

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