Matrix Energy Group Opens New Corporate Office in Lagos
Written by Kunle Awosika
21 March, 2022
Matrix Energy Company has opened a new state-of-the-art corporate head office on Friday, March 18, 2022. The dazzling and conducive building is located at Ademola Street, off Awolowo Road Ikoyi, Lagos.
UBA Partners with Cellulant to Expand its Reach in 19 markets across Africa
Written by Kunle Awosika
17 March, 2022
Africa’s global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates.
IWD: Heritage Bank, FAMO strategize to advance women economic sustainability
Written by Kunle Awosika
16 March, 2022
As part of its commitment to empower women to break the bias in today’s world, Heritage Bank Plc has joined forces with Fateema Mohammed Ogunkola Foundation (FAMO) in advancing women’s economic sustainability in Nigeria.
Fidelity Bank Sensitizes Customers on Emerging Opportunities in Non-Oil Exports and CBN RT200 FX Policy
Written by Kunle Awosika
16 March, 2022
The Central Bank of Nigeria's (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years have been given a major boost with a recently held workshop for exporters and investors in Akure, Ondo State.
The NNPC will grant airline operators permission to import aviation fuel
Written by Issa Babatunde Ahmed
15 March, 2022
The Nigerian National Petroleum Company (NNPC) Limited has announced that it will grant the Airline Operators of Nigeria (AON) a license to begin importing aviation fuel. Mele Kyari, NNPC's group managing director, revealed this on Monday, 14 March, at the conclusion of the house of representatives' investigative hearing, according to The Cable. The purpose of the meeting was to settle disagreements between oil marketers and airline operators regarding the price increase of aviation fuel. Nigerian airline operators claimed that some oil marketers were stockpiling aviation fuel, causing artificial scarcity. “As requested by the airline operators of Nigeria, there would be granted licence by their authority to import petroleum products, particularly ATK, so that they can have a way of benchmarking the sales from other customers. They can also bring in cheaper products whenever it is possible,” Kyari said. He said this in response to AON's request during the hearing for…
Fidelity Bank Celebrates 2022 IWD with Financial Support to Women-Owned Businesses and Girls’ Academy
Written by Kunle Awosika
10 March, 2022
In what has been termed a major push for breaking the gender bias in Nigeria, leading financial institution, Fidelity Bank Plc, in partnership with media entrepreneur-Linda Ikeji- celebrated the 2022 International Women's Day (IWD) with an impressive networking event specifically for women to inspire one another, discuss pertinent challenges they face as well as proffer solutions on breaking the gender biases prevalent in the country.
GTCO Plc Releases 2021 Full Year Audited Results…Reports Profit Before Tax of ₦221.5billion
Written by Kunle Awosika
07 March, 2022
Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2021, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).
2021: Dangote increases sugar production by 9.2% to 811,962 tonnes
Written by Kunle Awosika
07 March, 2022
For the full year ended December 31, 3021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent to 811,962 tonnes in contrast to 743,858 tonnes, in the corresponding period of 2020.
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