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OVH Energy sacks 100 workers

OVH Energy Marketing Ltd. has retrenched about 100 of its workforce in order to overcome the problem of salaries payment due to the ongoing challenges in the downstream oil sector.

Ecobank appoints Nana Abban as consumer banking chief

Ecobank Transnational Incorporated (ETI) has appointed Nana Araba Abban as Group Head, Consumer Banking with immediate effect.

FirstBank takes corporate responsibility to six geopolitical zones

First Bank of Nigeria, the nation’s premier financial institution, says that the third edition of its Corporate Responsibility & Sustainability (CR&S) will kick off on July 1 to July 6.
Aiteo Group

Aiteo appoints new managing director, announces major leadership changes

Africa’s foremost oil and energy group, Aiteo, has announced the appointment of Mr. Victor Okoronkwo as its new Managing Director. His elevation follows the retirement of Chike Onyejekwe from the top post.
Mr. Kenneth Ize, a joint winner of the Arise Fashion Week Award for “Designer of the Year” paid a courtesy visit to Zenith Bank Head Office in a show of appreciation for its support to the Fashion Industry.

Kenneth Ize pays courtesy visit to Zenith Bank

Mr. Kenneth Ize, a joint winner of the Arise Fashion Week Award for “Designer of the Year” paid a courtesy visit to Zenith Bank Head Office in a show of appreciation for its support to the Fashion Industry.

Central bank to implement new collateral management regime

The move is in line with ongoing efforts to evolve a robust collateral management regime which would be proportionate to transactional level of participants within the payment system.

Central bank new department to regulate activities of fintechs

The recently created Payment System Department of the Central Bank of Nigeria (CBN) has been charged with the responsibility of regulating the activities of the financial Technology Companies (Fintechs) and other financial institutions under the digital development.

Heritage Bank partners AFRICANMED to stem medical tourism

Heritage Bank Plc has announced a partnership with AFRICANMED and the Chinese community in Nigeria to develop the country’s health sector and reduce the rate of medical tourism by Nigerians.
File photo- Construction work at the Dangote refinery and fertiliser site in Lekki Lagos. Company complying with Local Content Act

Dangote refinery partners with NCDMB on local content

The Nigerian Content Development and Monitoring Board (NCDMB) has declared its intention to partner with Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises (DPRP) on the effective implementation of the Local Content Act in the country.
Murtala Muhammed Airport 2 (MMA2)

Flights, businesses resume at MMA2

Flight operations and businesses on Friday resumed at the Murtala Muhammed Airport 2 (MMA2), Lagos following the suspension by aviation unions of the industrial action against the terminal owners.

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Kayode Fayemi

Ekiti has invested N4.5 billion to boost school enrolment – governor

The Governor of Ekiti State, Dr. Kayode Fayemi, has said the state government has invested a staggering sum of N4.5 billion to shore up school enrolment in the last 11 months he returned as the state chief executive.

NAPTIP warns youths against social media marriages

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has warned youths against engaging in social media and Internet marriages.
The Controller of the Nasarawa State Command of the Nigeria Correctional Service, Emmanuel Okoro, on Thursday refuted reports by a section of the media which claimed there was a jail break at the Keffi Old Prison.

Court remands butcher who ‘raped 25-year-old’

An Upper Area Court, Mpape, on Monday, ordered that a 34-year-old butcher, Abu Mohammed, who allegedly raped a 25-year-old woman, be remanded in a correctional facility in Keffi, Nasarawa State.
The royal family of Ogwashi-Uku Kingdom in Aniocha South Local Government Area of Delta State has insisted that the installation of the new Obi (King), Ifechukwude Chukwuka Okonjo was not done in error.

Ogwashi-Uku: Obi Ifechukwude Okonjo legitimately installed – Royal family

The royal family of Ogwashi-Uku Kingdom in Aniocha South Local Government Area of Delta State has insisted that the installation of the new Obi (King), Ifechukwude Chukwuka Okonjo was not done in error.
Barr. Frank Ugboma, Chairman Imo Assembly House Committee on Public Safety, Intelligence and Securities

My victory at tribunal, renewed hope for PDP, masses in Imo – Assemblyman

A member of Imo State House of Assembly, Mr Frank Ugboma, has described his recent victory at the Election Petitions Tribunal in Owerri, as renewed hope for his party and the common man in the state.