Access Bank acquires 100% equity of Zambian Bank
Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the…
Over 600 companies bid for Nigeria’s 57 marginal oilfields – DPR
The Department of Petroleum Resources (DPR) says over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in the country. Mr Auwalu Sarki,…
Okowa resends revised 2020 Appropriation Bill of N282bn to Assembly
Gov. Ifeanyi Okowa of Delta on Tuesday sent a revised 2020 appropriation bill of N282 billion to the State Assembly for approval. The letter accompanying the proposed budget made up…
Oil prices fall over surge in covid-19 cases in US
Oil prices fell on Tuesday, erasing earlier gains, on concerns that the surge in coronavirus cases in the United States, the world’s biggest oil user, will limit a recovery in…
Domestic flights resume July 8; passengers to observe covid-19 protocols
The Minister of Aviation, Sen. Hadi Sirika, on Wednesday in Abuja said domestic flights that had been suspended since March 20, would finally resume on July 8. Sirika announced this…
PPPRA fixes PMS price band of N140.80 to N143.80 per litre for July
The Petroleum Products Pricing Regulatory Agency (PPPRA), has fixed the pump price band of Premium Motor Spirit (PMS), also known as petrol at between N140.80 and N143.80 per litre for…
AKK Gas Pipeline Project will facilitate additional power generation capacity of 3,600MW – Minister
The Minister of State for Petroleum Resources, Mr Timipre Sylva, on Tuesday, said the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project would facilitate the setting up of two power plants when completed….
Buhari in phone call with Saudi Crown Prince over oil price
Saudi Crown Prince Muhammed Bin Salman, in a phone call with Nigerian President Muhammadu Buhari, reviewed the current progress made on the Opec+ deal, state news agency (SPA) said on…
Nissan to launch 7 new models in Africa, seeks high growth markets
Nissan Motor Co aims to launch 7 new models in Africa over the next two years, company executives said on Monday, as the Japanese automaker seeks to focus on high-growth…
Access Bank bows to pressure, to refund stamp duty deductions to customers
Access Bank has offered to reverse the stamp duty charges for February to April debited from its customers’ accounts which prompted the customers to mount a social media campaign against…