Tag: Featured

Ecobank urges trainees to imbibe professionalism

Alade Jones

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has called on trainee bankers to imbibe the tenets of professionalism for them to excel in their banking career. Akinwuntan, who was speaking at the inauguration of the Entry Level Development Programme for graduate trainees at the Ecobank Academy in Lagos, enjoined the trainees to make deliberate effort to practice their assigned roles in line with the ethics of the profession. The Ecobank Entry Level Development Programme is an intensive 8-week medley of learning interventions for fresh graduates. It is targeted at equipping…

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NNPC targets incorporated joint venture model for growth

Stella Ofiko

As part of efforts to surmount cash-call challenges and put the upstream sector on a path of sustainable growth, the Nigerian National Petroleum Corporation (NNPC) is set to introduce the Incorporated Joint Venture (IJV) model to replace all the Joint Venture exploration and production projects.  This was disclosed by the Group Managing Director of the NNPC, Dr. Maikanti Baru, during the panel session at the Nigeria Oil and Gas (NOG) Conference in Abuja. A press release by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, stated…

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Winners emerge in Zenith Bank’s Microsoft championship

Alade Jones

Zenith Bank Plc, one of the biggest banks in the country by tier-1 capital and the most profitable bank in the country, has partnered with ReadManna, organizers of the competition in Nigeria, since 2007 and sponsored Nigerian winners’ participation in the World championship. The championship is organized annually in Nigeria by ReadManna Empowerment Initiative, a not for profit company led by Mrs Edna Augusto and focused on empowering students and youth in Nigeria with practical and relevant basic computer skills aligned to global standards. ReadManna is authorised by CertiportInc, a…

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NNPC to resume oil search in Chad Basin

Stella Ofiko

.Bauchi gov optimistic The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to resume oil search in the Chad Basin as soon as it receive security clearance. Group Managing Director of the Corporation, Dr. Maikanti Baru, disclosed this today when the Governor of Bauchi State, Senator Bala Mohammed, paid him a business visit in Abuja. “We will go back there as soon as we receive security clearance. There seems to be some prospects there because Niger Republic drilled over 600 wells and now they are producing while we have…

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Dangote Cement to attract $700m into economy

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•Pays N16 dividend The Chairman of Dangote Cement Plc, Aliko Dangote, has promised that the expected increase in export of cement will attract a minimum of  $700 million into the economy. Disclosing this yesterday during the company’s 10th Annual General Meeting in Lagos, he said the foreign exchange inflow would assist the Federal Government as well as Dangote Group in its other activities across Africa. The chairman, who described the shareholders and staff as the bedrock of the company, also promised to pay N16 per every 50k share as dividend.…

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NBS: Kerosene consumers paid less in May

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Consumers of household kerosene paid lower price for a litre of the product at  N315.91 in the month of May as against April’s N316.26, according to pricewatch released by National Bureau of Statistics (NBS) on Tuesday. States with the highest average price per litre were Anambra (N363.54), Ebonyi (N355.00), and Plateau (N351.85). States with the lowest average price per litre were Abuja (N291.67), Katsina (N290.67) and Gombe (N265.39). Similarly, average price per gallon paid by consumers decreased by -0.12 per cent month-on-month and increased by 23.07 per cent year-on-year to N1,…

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Baru tasks NUJ on petroleum product smuggling

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. Crude production steady at 2.3mbpd Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has called on members of the Nigerian Union of Journalists to join the corporation in naming and shaming cross-border smugglers of petroleum products. Baru, made the call when he played host to the national leadership of the NUJ led by its President, Mr. Chris Isiguzo, at the NNPC Towers in Abuja on Tuesday. The NNPC helmsman said the activities of cross-border petroleum products smugglers had caused much hardship for Nigerians and robbed…

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Lagos entertainer shoots driver at party

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A Lagos-based commercial bus driver got more than he bargained for at the weekend when a celebrity popular called Aremo Gucci shot him on his ankle during an open party in Lagos. Trouble started after the open air party organised at Brainfield Event Centre along LASU/ISHERI road had ended and organisers and guests were trooping out when suddenly Gucci’s vehicle was, as usual, besieged by a group of street urchins popularly known as Area Boys. As soon as he noticed the crowd around him, and in order to find his…

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Enyimba beat Akwa United to win league title

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Enyimba on Wednesday in Lagos won a record eighth Nigeria league crown. The victory qualifies them to represent the country in the 2020 CAF Champions League. ‘The People’s Elephant’ beat Akwa United 3-0 at the Agege Stadium to record an unassailable 12 points from five matches in the championship playoffs. Goals by Reuben Bala, Stanley Dimgba and Abdulrahman Bashir gave the two-time African champions a deserved win over front runners Akwa United, whose Brazilian coach Rafael Everton was conspicuously missing on the bench today. Enyimba are now Nigeria’s most successful…

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Women’s World Cup: Falcons beat South Korea 2-0

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The Nigeria Super Falcons took their chances against the run of play on Wednesday to beat South Korea 2-0 for rare success at the women’s World Cup to set themselves up to advance to the next stage of the tournament in France. A first half own goal at the Stade des Alps and a breakaway attack, brilliantly finished by Asisat Oshoala, ensured the Africa champions only their fourth win in eight World Cup finals appearances and a chance to go to the second round for just a second time. The…

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