Shell makes large heartland discovery in Gulf of Mexico
Shell Offshore, Inc. (Shell) today announced a large, deep-water, exploration discovery in the Norphlet geologic play in the U.S. Gulf of Mexico with its Dover well (100% Shell). The Dover discovery...
View ArticlePHOTO NEWS: NIGERIA’S FINANCE MINISTER RECEIVES LEADERSHIP’S PERSON OF THE...
Representative of the Honourable Minister of Finance and Accountant General of the Federation, Mr. Ahmed Idris receiving the Leadership Newspaper’s 2017 Person of the Year Award from the Emir of...
View ArticleClimate Risk Financing: Nigeria Signs MoU with ARC
The Government of Nigeria has signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) to work together to address the impact of extreme weather events in Nigeria, including...
View ArticleAfDB delivers strong operational results
The African Development Bank is delivering on its goals and making good progress towards achieving its development and operational targets according to the 2018 Annual Development Effectiveness...
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Photo News: Faces At AIICO Insurance 48th Annual General Meeting
Cross section of Directors of the company at the event. Cross section of Directors at the event, held yesterday in Lagos. Cross section of shareholders at the agm event yesterday.
View ArticleWe should set some targets to deepen insurance penetration – Ngozi Okonjo-Iweala
Dr. Ngozi Okonjo-Iweala Former Minister of Finance, Nigeria Former Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has called on the government and insurance operators to set specific...
View ArticleKachikwu, 8 Other Oil Ministers to Attend Africa Oil Week
Nine Energy and Petroleum Ministers, including Nigeria’s Minister of State for Petroleum, Mr Ibe Kachikwu, have confirmed to attend Africa Oil Week 2018 taking place in Cape Town, South Africa on...
View ArticlePENSION REFORM AND THE TARDINESS OF ACCRUED RIGHTS
BY PADDY EZEALA––It has been severally reiterated that the Contributory Pension Scheme (CPS) is arguably the most successful initiative of the Federal Government since the return to democratic...
View ArticlePHOTO NEWS: SOVEREIGN TRUST INSURANCE WINS “BEST OIL AND GAS INSURANCE...
L-R: Representative of the Chief of Naval Staff, Rear Admiral U.B. Onyia, Director of Administration, Naval Headquarters, presenting the “Best Oil & Gas Insurance Company Award to the Executive...
View ArticleSPDC contains leaks on Trans Ramos Pipeline
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has confirmed four leak points on its 24” Trans Ramos Pipeline in the swamps of Western Niger Delta, said a statement by a...
View ArticleNBS Says 7.98 Million Workers Registered Under Pension Scheme as at Q1 2018
BY NKECHI NAECHE—-The National Bureau of Statistics (NBS) has said that about 7.82 million workers are registered under the pension scheme in the fourth quarter of 2017 compared to 7.71 million...
View ArticleLiquefied Petroleum Gas sales resume In Ghana
The sale of Liquefied Petroleum Gas (LPG) at sales outlets of retailers of the Ghana Liquefied Petroleum Gas, has resumed after a strike action, which lasted from Monday to Tuesday. The Ghana News...
View ArticleAllianz Life Ghana aims at establishing a robust agency force – CEO
CEO, Allianz Life Ghana, Patrick Prado Chief Executive Officer of Allianz Life Ghana, Patrick Prado, has stated that it is the aim of Allianz Ghana to establish a robust agency force, strong brand...
View ArticleNigeria-Based Stanbic IBTC Bank Plc ‘B-B’ And ‘ngBBB-ngA-2’ Ratings Affirmed;...
May 25, 2018/S & P Global Ratings The Stanbic IBTC group faces heightened credit risks amid Nigeria’s current slow economic recovery. However, we think the group’s business diversification,...
View ArticleLafargeHolcim Announces Next Steps in Simplification of Corporate Organisation
*Corporate offices in Paris and Zurich to be closed *Simplification plan will deliver corporate management headcount reduction of around 200 *Closure of regional headquarters in Singapore and Miami...
View ArticleEcobank Mobile app hits one million customers in Ghana
The Ecobank Mobile App has registered over 1 million customers in Ghana since its launch in November 2016. The millionth customer, Madam Priscilla Bamfo, successfully downloaded and on-boarded the...
View ArticleGhana loses 56 billion CFA annually on tomato importation
Ghana loses 56 billion CFA to Burkina Faso (BF) through the importation of fresh tomatoes annually, Mr. Eric Osei Tuffuor, the Chairman, Ghana National Tomatoes Traders and Transporters Association...
View ArticleGhana to use solar power to boost year-round tomato farming
The government says it is working to provide solar-powered irrigation facilities during farming in the dry season in a bid to encourage all-year farming. The government will also convert some of its...
View ArticleCourt awards Chevron $38m against Ecuadorian conspirators
PRESS RELEASE—–The Supreme Court of Gibraltar has issued a judgment against Pablo Fajardo, Luis Yanza, Ermel Chavez, Frente de Defensa de la Amazonia (the “Front”) and Servicios Fromboliere for their...
View ArticleOPEC DAILY BASKET PRICE CLOSE AT $76.62 PER BARREL
The price of OPEC basket of fourteen crudes stood at $76.62 a barrel on Thursday, compared with $76.43 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes...
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