By Joke Kujenya GROUP CHIEF Executive Officer of NNPC Limited, Mallam Mele Kyari, announced the irreversible drive to make Compressed Natural Gas (CNG) accessible to Nigerians. During the simultaneous commissioning of 12 CNG stations in Abuja and Lagos, Kyari highlighted the massive deployment of CNG stations nationwide. Additionally, NNPC Ltd...
By Jemimah Wellington, JKNMedia Reporter CHALLENGES IN financing Micro, Small, and Medium Scale Enterprises (MSMEs) will take center stage at the Africa Social Impact Summit (ASIS), thanks to a new partnership with the Development Bank of Nigeria (DBN). The summit, scheduled for July 25-26, 2024, at the Eko Convention Centre in Lagos, aims to ...
TO RECOGNIZE and reward exceptional employee performance, the Union Bank of Nigeria (UBN) has promoted 337 staff members across various departments. During a recent town hall meeting, Managing Director and Chief Executive Officer (MD/CEO), Yetunde Oni, UBN, emphasized the bank’s dedication to fostering a culture of excellence and growth. Oni p...
By Jemimah Wellington, JKNMedia Reporter REACTING TO a viral video circulating on social media, specifically on platform X, that shows a fuel pump attendant at one of their filling stations, NNPC Retail Limited has labelled as false, the claims being made in it. The footage alleges that customers were forced to buy lubricants or engine [&helli...
By Joke Kujenya WITH MOVES aimed at fostering economic empowerment among Nigerian youths, the NNPC Foundation has selected 2,659 National Youth Service Corps (NYSC) members to advance to the final phase of its Business Pitching Exercise. Scheduled from July 2nd to 10th, 2024, this initiative is part of the NNPC Foundation’s broader effort to e...
By Jemimah Wellington, JKNMedia Reporter GHANAIAN SENSATION Wendy Shay, known for her dynamic presence in the music industry, will be spotlighted on this week’s episode of African Voices Playmakers, a 30-minute magazine show on Cable News Network (CNN), sponsored by Globacom. Wendy Shay, born Wendy Asiamah Addo on February 20, 1996, tr...
A LEADING pan-African group, Ecobank Nigeria Limited, has expressed its commitment to enhancing the export potential of Adire, a traditional Nigerian textile, leveraging the African Continental Free Trade Agreement (AfCFTA). This initiative was revealed by Kola Adeleke, Executive Director of Commercial Banking at Ecobank Nigeria, during the th...
By Ajibola Olaide, JKNMedia Reporter THE INVESTING public has shown resonant support for Fidelity Bank Plc’s N127.1 billion combined rights and public offers, reflecting confidence in the bank’s impressive growth and investor-friendly track record. Stakeholders from the Nigerian Exchange (NGX), stockbrokers, and investors have all lauded the m...
By Zahur Youssef IN SUPPORT of humanitarian efforts in Sudan, the United Arab Emirates has expressed its commitment towards allocating 70% of its $100 million pledge to United Nations agencies and humanitarian organizations. This pledge was made during the “International Humanitarian Conference for Sudan and Neighbouring Countries”. The UAE...
By Jemimah Wellington, JKNMedia Reporter SET TO OPEN its public offer and rights issue on Thursday, June 20, Fidelity Bank Plc, has disclosed its intentions to raise up to N127.1 billion, combining a rights issue for existing shareholders and a public offer for new investors. Being Nigeria’s sixth-largest bank, it says the rights issue will [&...
