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Doku takes a bow, Angela steps in as GM Corporate Affairs at WAPCo

Sopuruchi Onwuka The West African Gas Pipeline Company Limited has announced the end of the tenure of Dr. Isaac Adjei Doku in the leadership of its Corporate Affairs Division, and subsequent appointment of Mrs. Angela Yasmin Heymann as the new…

Amid distribution shortfalls, DisCos recover N597.6bn electricity debts from customers

Amid erratic service supply to customers nationwide, the country’s electricity distribution companies (DisCos) have reported the second-highest quarterly revenue collection over the past five quarters, in the first quarter of 2026. According to data from the sector’s regulator, the revenue boost…

Posted on VN

Wema Bank announces Hackaholics 7.0 edition with seven verticals, improved grant prizes

Wema Bank has announced the 7th edition of its flagship tech-driven innovation initiative platform, Hackaholics. The announcement was made at the official press conference held, last Wednesday, at the Wema Bank Head Office in Lagos. Launched in 2019, Hackaholics is…

Posted on VN

Altinvest launches ‘Your Money, Your Value’ investment guide

Independent non-interest bank (NIB), the Alternative Bank has through its ethical digital investment platform, Altinvest, formally launched the ‘Your Money, Your Value,’ guide. The publication, according to the platform is a free practical guide designed to help Nigerians better understand…

Posted on VN

Shell, 9 banks launch $3bn Contract Finance facility to support Nigerian contractors

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has launched a $3 billion Contract Finance facility in partnership with nine leading Nigerian banks to support contractors. The facility launched, Thursday, which represents a major step towards empowering Nigerian contractors is…

Posted on VN

UBA marks Bumper Account anniversary, rewards customers with over N400m in bonuses

United Bank for Africa (UBA) has rewarded thousands of its customers with over N400 million in anniversary bonuses under its UBA Bumper Account, as part of efforts to encourage savings and reward customer loyalty. The bank said the bonuses were paid…

Posted on VN

Saudi Arabia to slash oil prices, as market edges to post- COVID-19 era

Saudi Arabia is expected to slash the official selling prices of its crude loading for Asia in August, as Middle East’s crude benchmarks crashed amid the tentative reopening of the Strait of Hormuz and the oil supply increase from the region….

Posted on VN
Business Energy

NCDMB, NLNG drive Train 7 near completion, creates 16,000 jobs

The Nigerian Content Development and Monitoring Board (NCDMB) and NLNG Ltd have reaffirmed their commitment to strengthening collaboration aimed at deepening local content participation, increasing in-country value retention and expanding the economic benefits of Nigeria’s gas industry, as the ongoing…

NCDMB, SNEPCo, LADOL launch capacity building for supply base ervices

The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Shell Nigeria Exploration and Production Company (SNEPCo) and Lagos Deep Offshore Logistics (LADOL), has launched a 12-month Human Capacity Development (HCD) programme designed to equip young Nigerians with specialised…

Business Energy

NCDMB to launch petroleum industry trainers certification

The Nigerian Content Development and Monitoring Board (NCDMB) is set to commence the issuance of the Nigerian Content Trainers Registration Certificate (NCTRC), as part of its commitment to strengthening local competencies and promoting professional standards within Nigeria’s oil and gas…