The President, Major General Muhammadu Buhari (retd.), has consented to the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited.
This is according to a tweet by the Presidency on Monday afternoon titled ‘President Buhari consents to the acquisition of Exxon Mobil shares by Seplat Energy Offshore Ltd.’
According to the Presidency…
A former Minister of Finance, Dr. Shamsuddeen Usman, has been appointed as the Chairman of Citibank Bank Nigeria.
He is the third chairman of the bank in Nigeria since inception.
Usman has been on the Board of Citibank Nigeria as an Independent non-Executive Director since…
A 34-year-old software developer, Abiodun Oguntade, who now lives in Mende, Maryland, recently fell prey to the antics of a fraudulent property developer.
Oguntade stated that the developer took advantage of his naivety to swindle him of a N300,000 down payment for a…
The initiative, which was done in partnership with Deloitte Nigeria, was launched on Friday, August 5, 2022, in Ikeja.
The Whistle-blowing facility which is referred to as the ‘Deloitte Tip-Offs Anonymous’ is designed to ensure that concerns about wrongdoings within the LIRS can be raised by any stakeholder without fear of intimidation.
Speaking at the launch, the Chairman of the agency…
Nigeria lost N891bn to gas flaring in 18 months, according to data from the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency, NOSDRA, released on Sunday.
The data revealed that the country lost a total of N707bn in 2021 and N184bn in…
The Federal Government has disbursed N1.24tn to 4.21 million enterprises through the Bank of Industry in six years, the latest report on disbursements by the bank showed.
Data in the report indicated that the disbursements, comprising loans and grants, were received by…
In the space of just about a month and a few days, four major cryptocurrency firms have been attacked and over $300 million lost as hackers succeeded in gaining access to thousands of crypto wallets.
With the crypto industry already unsettled with the complaints of un-stabilized prices, the recent commotion has displaced over 10,000 traders who trade under four different firms.
For Harmony…
Med-Direct Africa Positioned Itself To Redefine Health Delivery Landscape In Nigeria
August 7, 2022
Med-Direct Africa has positioned itself to redefine the health delivery landscape in Nigeria via the launch of its e-Pharmacy services as it commits to reducing the prices of quality drugs in Nigeria, while delivering with speed to the last mile nationwide.
With the launch…
Dangote Cement ‘Bag of Goodies Season 3’ produces three millionaires in Ibadan
August 7, 2022
The on-going Dangote Cement ‘Bag of Goodies Season 3’ national Consumer Promo has produced the first set of millionaires in Ibadan, Oyo State.
No fewer than three lucky Dangote Cement consumers were presented with one-million-naira cheques each even as many others won…
Valley Top Launched A Social Networking Platform 'Valutok' to enrich its users financially
August 7, 2022
The founder and chief executive officer of Valley top Communications Limited Mr. Andrew Odoe has launched a social networking platform, Valutok to enrich its users financially for their daily activities on the platform.
Odoe spoke on his drive towards the initiative, linking it to the pandemic era and the financial struggles that people were faced with despite their social media usage while…