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Shell partners WIEN on learning, mentorship schemes
Sopuruchi Onwuka Major upstream oil multinational, Shell, has entered collaboration with leading gender equity group in the energy industry, the Women In Energy Network (WIEN), to provide broader learning platforms for female professionals in the sector. The new collaboration would…
IFC awards Access Bank Best Trade Partner Bank West Africa
Access Bank has been recognized as the ‘Best Trade Partner Bank West Africa 2024’ by the International Finance Corporation (IFC). Presented at the Global Trade Partners Meeting (GTPM), held recently, in Barcelona, Spain, this prestigious award highlights Access Bank’s outstanding…
FG hails NCDMB, Xernegi on KGG benefits
The Honorable Minister of State for Petroleum Resources (Gas), Rt. Hon. EkperikpeEkpo, has commended the Nigerian Content Development and Monitoring Board (NCDMB) and Nedogas Development Company Limited for initiating and successfully executing the 300 million standard cubic feet (MMscf) Kwale…
Oando hauls in $550 m for NNPC’s Project Gazelle
Sopuruchi Onwuka Strong financial performance of Oando Plc in 2023 has not only reactivated investors’ interest in the company’s shares but also enabled the indigenous energy company to lead collaboration in raising $925 million for the Project Gazelle of the…
Shell, partners shelled $42.2 m to help Nigerians
Total expenditure on direct social investments by the three Shell companies in Nigeria and their partners in 2023 was $42.2 million, a 23% increase compared to $34.29 million in the previous year. Shell exclusively spent $14.1 million. This was a…
Israeli forces strike HAMAS terrorists, rescue 4 hostages
Israeli specialforces rescued four hostages in broad daylight on Saturday from the Nuseirat refugee district in the centre of the Gaza Strip after 246 days in captivity, the army said. Following the hostage liberation, the Palestinian director of the al-Aqsa…
NCDMB to reposition NCIF for higher impact
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has tasked the custodians of the Nigerian Content Intervention (NCI) Fund and the parent Nigerian Content Development Fund (NCDF), to strive for greater efficiency and impact of the fund in…
Standard Chartered accused of wheeling fund for terrorists
A British bank, Standard Chartered, which had escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, US court papers allege. Standard Chartered, one of the UK’s largest banks, avoided prosecution by the…
Labour suspends strike as FG flaunts higher minimum wage
Sopuruchi Onwuka The Nigerian Organized Labour has suspended the crippling industrial actions it started Monday to press home its demands for enhaced minimum wage for workers in the formal sector. The Nigeria Labour Congress (NLC) and the Trade Union Congress…
NNPC bags NIMASA certification on ship, port security
Sopuruchi Onwuka The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence. NNPC’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on the recent certification of…
