Category: Business

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Heirs Holdings Expands Oil and Gas Portfolio, Acquires 45% of OML 17 from Shell, Total and ENI

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings…

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Stanbic IBTC Supports Businesses with Bouquet of Solutions

Nigeria’s leading financial institution, Stanbic IBTC Holdings PLC, has highlighted its array of solutions to support businesses in the country to make the most of 2021. The solutions on offer are geared towards providing access to flexible funding for small, medium and large-scale enterprises thereby addressing inadequate access to capital, exposure to international markets and…

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TAJBank Drives Educational Infrastructural Development in Akwa Ibom

Nigeria’s most innovative Bank has reiterated its commitment to contributing it quota to the growth and development of the Nigerian education sector. This occurred at the recent commissioning of new infrastructure at Saint John Paul School, Akwa Ibom State with several dignitaries in attendance such as Senator Godswill Akpabio, Minister of Niger Delta Affairs, chairman…

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Lasaco Meets The Recapitilisation Deadline

Lasaco Assurance Plc, under the new leadership of Chief Mrs Teju Philips, has scaled the first hurdle of the recapitalisation exercise for insurance and reinsurance companies mulled by the National Insurance Commission (NAICOM) for the strengthening of the financial bases of underwriters. The Company met the 31st December 2020, deadline given to underwriters to recapitalise…

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Heritage Bank Powers Palm Oil Entrepreneur With N10m In The Next Titan Season-7

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider, in its continued bid to support Micro, Small and Medium Enterprises (MSMEs), has again empowered the winner of The Next Titan Season-7 with whooping sum of N10million. An entrepreneur, Joshua Joseph Idiong who is the CEO of Josult Oil Processing Company, a palm oil processing company…

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Union Bank CEO, Emeka Emuwa Retires After 8 Years

The Board of Union Bank Nigeria Plc announces today that, after eight years leading the Bank, its Chief Executive Officer, Emeka Emuwa, has communicated his decision to retire from the Bank and his role as CEO on March 31, 2021. Emeka Emuwa joined Union Bank in November 2012, following a $500 million investment by Union…

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Hicolumn E-commerce Mobile App Ensures Free Access, Easy Download

Hicolumn, the groundbreaking e-commerce Tech, which made entrant into Nigeria’s online market sector in November, ensures free access and download of its mobile App by merchants, store owners, small and medium enterprises (SMEs) with existing and verifiable businesses within 30 minutes. This is free of any registration charges. The Chairman of Hicolumn, Benjamin Madu, said…

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Heritage Bank Partners LAWMA For Sustainable Greener, Cleaner Lagos

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has entered into strategic partnership with Lagos Waste Management Authority (LAWMA) to attain sustainable greener and cleaner Lagos. The partnership which heralds the launch of Lagos Recycle Initiative is targeted at curbing the huge challenge of plastic pollution for better ecosystem, through recycling and waste management…

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