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Month: February 2025

Shell Pledges Support For Reforms In Nigeria’s Oil And Gas Industry

  Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability.   “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) which have already improved crude oil production to about 1.75 million […]

Our Strategy, Governance, People Driving Growth At Seplat Energy – CEO

  Nigeria’s leading indigenous energy company, Seplat Energy Plc, has attributed its exponential growth over the years to well thought-through strategies, strong governance practice and dedicated people, stressing that the quest to develop Nigeria and the support from the Nigerian government remain very cardinal. The Chief Executive Officer, Seplat Energy, Mr. Roger Brown, said this whilst […]

$1.09 Billion Paid By Shell Nigeria In Taxes, Royalties In 2023

Shell exclusively paid a total of $1.09 billion in corporate taxes and royalties to the Government of Nigeria last year through the operations of The Shell Petroleum Development Company of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo.) The figures, announced in the just published 2023 Shell Briefing Notes, […]

How Modular Data Centres Can Support Nigeria’s ICT Growth

  Nigeria’s information and communications technology (ICT) sector is experiencing robust expansion, fuelled by the financial services, oil and gas and fintech industries. This brings with it new investment prospects for data centres, to service advances in cloud computing infrastructure and the rollout of 5G technology[1]. According to a 2023 research report, the size of […]

FirstHoldCo : Reinforcing ESG , Sustainability Initiatives As It Rebrands

In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and only 25% make it to 15 years or more (according to the US Bureau of Statistics), any business that has crossed 15 years should be sharing insights on survival and success. […]

ICAN, Union Bank Of Nigeria Foster Stronger Relationship With Visit

The Institute of Chartered Accountants of Nigeria (ICAN) recently paid a courtesy visit to Stallion Plaza, Union Bank of Nigeria’s Head Office. This visit marks a significant step in fostering a stronger relationship between the two esteemed institutions. During the visit, ICAN and Union Bank representatives engaged in fruitful discussions to explore potential areas of […]

Unity Bank Posts N59.3B In Gross Earnings, Grows Deposits by 23% In 2023 FY

Retail lender, Unity Bank Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023, representing a growth of 3.84% year-on-year. In its audited financials submitted to the NGX Group Limited, the Bank also witnessed improvements across key performance indicators, including a significant appreciation of customer deposits by 23% to N402.9 […]

NGX Group, CSCS To Host 2025 International Women’s Day Celebration

Nigerian Exchange Group (NGX Group) and Central Securities Clearing System (CSCS) will host a special event on Friday, 7 March 2025, 11:45 AM WAT, at NGX Group House, Lagos, to celebrate International Women’s Day (IWD) 2025, with the theme “Accelerate Action for All Women: Rights. Equality. Empowerment.”   The event is part of the global […]

NIA Promotes Sustainable Eco-Driving Practice, Trains Over 171 Drivers, Dispatchers

        The Nigerian Insurers Association (NIA) has trained over 171 Drivers and Dispatch Riders of its member companies on sustainable driving practices, vehicle maintenance, and optimizing fuel consumption. The training, facilitated by experts from the Lagos State Drivers Institute (LASDRI) and the Vehicle Inspection Service (VIS), held at the Insurers House, Victoria […]

Leadway Group Champions Creative Community Programme, Sponsors +234Art Fair For Second-Year Running

Leadway Group, one of Nigeria’s foremost non-banking financial services provider, has proudly announced its sponsorship of the 2025 edition of the +234Art Fair for the second consecutive year. This ongoing partnership highlights Leadway’s commitment to nurturing Nigeria’s creative industry, celebrating exceptional artistic talent, and showcasing the nation’s rich cultural heritage. Themed “Championing Patronage in Nigerian […]

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