(AFRICAN EXAMINER) — Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been approved by the Central Bank of Nigeria (CBN) and ratified by shareholders at the Annual General Meeting held on May 5, 2026. Engr. Bello’s appointment […]
(AFRICAN EXAMINER) – United Bank for Africa (UBA), Redtech, and MoMo PSB have launched a payment interoperability partnership that expands cardless payment access for consumers and merchants across Nigeria. Redtech is backed by Heirs Holdings; MoMo PSB is MTN Nigeria’s fintech subsidiary. With this development, MoMo PSB customers can now make payments directly from their […]
(AFRICAN EXAMINER) – Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in the Group’s Pan-African expansion strategy. The official opening ceremony, scheduled to hold on Wednesday, April 29, 2026, is expected to attract senior government officials and regulators from Nigeria and Côte d’Ivoire, continental business leaders, and […]
(AFRICAN EXAMINER) – Shell Nigeria Exploration snd Production Company Limited (SNEPCo) has teamed up with the Nigerian National Petroleum Company Limited (NNPC) and the Nigerian Content Development and Monitoring Board (NCDMB) to deliver a Geosciences Centre of Excellence at the University of Lagos, a world-class learning and research hub in a critical sector of the […]
(AFRICAN EXAMINER) — The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company Limited (NNPCL) up till April 29 to appear before it to account for the N210 trillion flagged in audit reports from 2017 to 2023. The committee directed the Group Chief Executive Officer (GCEO) of NNPCL, […]
(AFRICAN EXAMINER) – Shell Nigeria Exploration and Production Company Limited (SNEPCo) and the Nigerian National Petroleum Company Limited (NNPC) have donated an Endobronchial Ultrasound (EBUS) system and a Body Plethysmograph to the University of Lagos Teaching Hospital (LUTH), enabling one of Nigeria’s foremost health institutions to provide advanced diagnostics in pulmonary or respiratory care. This […]
(AFRICAN EXAMINER) – President Bola Tinubu has congratulated economist, banker and philanthropist, Tony Elumelu, on his 62nd birthday, describing him as an African business icon and a leading advocate of enterprise on the continent. The Chairman of Heirs Holdings, United Bank for Africa and Transcorp, will turn 62 on March 22, 2026. In a statement […]
(AFRICAN EXAMINER) – Shell Nigeria Exploration and Production Company Limited (SNEPCo) has completed the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to resumption of production at Nigeria’s premier deepwater field on March 6, 2026. The project was delivered 11 days ahead of schedule and without any safety incident, reinforcing […]
(AFRICAN EXAMINER) – The Federal Government says it will not intervene to regulate petrol prices despite rising tensions in the Middle East that are causing instability in global oil markets. The Minister of Finance, Wale Edun, made this known during an interview on Channels Television on Wednesday. According to him, the government will instead introduce […]
(AFRICAN EXAMINER) – Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a special edition of its impactful quarterly UBA Business Series, which be specifically focused on celebrating and empowering the modern woman with the theme: “gen w – ‘The Evolved Woman’ The session, which is scheduled to hold on Wednesday, […]
(AFRICAN EXAMINER) As the March 31 deadline for the bank recapitalisation exercise of the Central Bank of Nigeria (CBN) draws near, the apex bank says 30 banks have met the new capital requirements. CBN Acting Director, Corporate Communications Development, Mrs Hakama Sidi-Ali, said this in a statement on Friday in Abuja. According to Sidi-Ali, as […]
(AFRICAN EXAMINER) – Dele Momodu, publisher of Ovation Magazine, has revealed that he lost more than $500,000 after venturing into the restaurant business in Accra, Ghana. Momodu shared the experience while speaking on a podcast titled Building Wealth with Femi, where he reflected on the risks of diversifying investments. According to the media entrepreneur, the […]
(AFRICAN EXAMINER) – Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models in the sector, Managing Director Shell Nigeria Gas (SNG) Ralph Gbobo said in Lagos recently. Speaking at the Energy Week of the Lagos Section of the Society of Petroleum Engineers (SPE), Ralph […]
(AFRICAN EXAMINER) – Nigeria can transform risks and complexities in the oil and gas industry to opportunities for growth and development if operators and regulators collaborate in a business environment that encourages transparency and governance discipline without late-stage fiscal or regulatory shocks. Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams said […]
Shell Nigeria Exploration and Production Company Limited (SNEPCo) was recognised for its pioneering role in oilfield development projects at the 9th Nigeria International Energy Summit (NIES) which held in Abuja last week. This was contained in a press release issued on Sunday and signed by Shell Communications Manager, Gladys Afam-Amadu The award for “Best Oilfield […]
(AFRICAN EXAMINER) – Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a turnaround maintenance activity at the Bonga Floating Production Storage and Offloading (FPSO) vessel. The exercise is a statutory and integrity assurance programme aimed at extending the life of the facility. According to SNEPCo Managing Director, Ronald Adams, the schedule maintenance activity […]
(AFRICAN EXAMINER) – Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and […]
(AFRICAN EXAMINER) – President Recep Tayyip Erdogan of the Republic of Türkiye, on Tuesday in Ankara, said his country is targeting a $5 billion trade volume with Nigeria, adding that discussions to actualise this have already commenced. Special Adviser to the President, Information and Strategy, Mr. Bayo Onanuga in a press release issued on Tuesday […]
Chief Executive of Shell Plc, Mr. Wael Sawan has commended President Bola Tinubu’s leadership for creating a healthy climate for investments to thrive and restoring investor confidence. Special Adviser to the President, Information and Strategy. Mr. Bayo Onanuga, in a press release on Sunday said Sawan spoke at a meeting with Tinubu at the Presidential […]
(AFRICAN EXAMINER) – President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep-offshore oil project by Shell and its partners. Special Adviser to the President, Media and Public Communications, Mr. Sunday Dare disclosed this in a press release issued on Thursday. Receiving the Shell delegation led […]
