Further to our July 14, 2023 announcement regarding the above subject, Access Holdings PLC (‘Access Holdings’ or ‘the Company’) is pleased to announce that its flagship subsidiary, Access Bank PLC (‘Access Bank’ or ‘the Bank’) has completed the acquisition of Standard Chartered Bank Angola S.A and Standard Chartered Bank (Sierra Leone] Limited (‘the Acquisitions’). Commenting on the completion milestone, Roosevelt ...

Buoyed by the ranking as Nigeria’s top performing organisation in efficiency and transparency from 2022 to date, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled plans to mark the 2024 World Anti-corruption Day on Thursday, 5th December at the Nigerian Content Tower, Bayelsa State. The theme of this year’s celebration is “Effective Whistleblowers Protection Mechanism: A Critical Tool ...

This milestone reaffirms NAE’s commitment to partnering with local companies that excel in safety and operational excellence to maximize Nigerian participation in the energy industry. Abuja, 28 November 2024 – Today, Eni’s subsidiary Nigerian Agip Exploration Limited (NAE) and STAC Marine celebrate one year of successful collaboration for the operation and maintenance of the Floating, Production, Storage and Offloading (FPSO) ...

Photo: Founder, AfriSafe Award, Femi Dasilva (4th left) presenting the 2024 AfriSafe “Best in Safety Performance Power GenCo Award”to the CEO, Egbin Power,Mokhtar Bounour; flanked by (L-R) Head, Corp. Comms & Branding, Felix Ofulue; Head of HR, Gabriel Nkanga; Ag. CFO, Yetunde Sorinola and Head, QHSE, Julius Akpong, all of Egbin Power. …Celebrates Annual QHSE Week                Egbin Power has solidified its ...

NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.  The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and ...

150,000 capacity New Port Refinery to come on stream mid 2025 -NNPCL Stakeholders have expressed excitement as the Port Harcourt Refinery commenced operations urging the management of Nigerian National Petroleum Company Limited  (NNPCL) to ensure that its operations are sustained and avoid hitches that could result in the breakdown of the refinery again. Clement Isong, chief executive officer of the ...

KfW (KFW.UL) will provide a 24 billion euro ($25 billion) loan to help develop a future hydrogen network in Germany, the state lender told Reuters, at a time when companies have warned that the technology will take longer than expected to take off. According to Reuters report, KfW will provide a 24 billion euro ($25 billion) loan to help develop ...

The Nigerian National Petroleum Company Limited (NNPCL) has requested an additional N1.19 trillion in subsidy refunds for July 2024, citing exchange rate differentials in Premium Motor Spirit (PMS) importation and joint venture taxes. This request has triggered criticism from state governments and stakeholders, who question the transparency of NNPCL’s accounting practices. The request was detailed in the Federation Account Allocation ...

Photo: James Gooder, Vice President, Crude Oil, Argus Media ……by Ben Ndubuwa…….. In a quarterly webinar and engagement with Energy Editors held today by the Major Energies Marketers Association of Nigeria (MEMAN), the guest speaker, James Gooder, VP, Crude Oil at Argus Media gave a graphic detailed presentation, on the theme “Market Trends Transparency and Fair Pricing” on petroleum products ...

………..by Victor Egbo…… In a significant stride towards energy independence, the Port Harcourt Refinery may have commenced operations, marking a major milestone in Nigeria’s journey to revitalizing its oil and gas sector. The reopening of the refinery, located in Rivers State, is set to boost the nation’s local refining capacity, reduce reliance on imported petroleum products, and drive economic growth. ...