Category: Press Releases

Fuel Queues: NNPC Imports $5.8bn Worth of Petrol to Arrest Fuel Crisis

The Nigerian National Petroleum Corporation (NNPC)says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year. This was disclosed by the Group Managing Director of the corporation, Dr. Maikanti Baru, during a public hearing by the Senate Committee on…

BUSINESSMAN WINS BRAND NEW CAR IN DIAMONDXTRA REWARD SCHEME.

Rapheal Ogugua, DiamondXtra Season 9, Car Winner A Businessman, based in Markurdi, Benue state, Mr. Rapheal Ogugua, on Friday received the star prize of a Hyundai Accent car during the Season 9 DiamondXtra regional prize presentation ceremony held in Umuahia, Abia State. Speaking, shortly after the presentation, Rapheal told pressmen that he has been a…

NNPC Advocates Closer Ties among African Countries in Oil Sector

  The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent.   Group Managing Director of the NNPC, Dr. Maikanti Baru, made this submission during his goodwill message today at the opening ceremony of…

MARINE COMMITTEE OF THE NATIONAL ASSEMBLY VISITS NPA ON OVERSIGHT FUNCTION

The Managing Director of the Nigerian Ports Authority (NPA), HadizaBalaUsman (left) with the Chairman, House of Representatives Committee on Ports Harbours and Waterways, Rt. Hon. Patrick Asadu, when the House Committee Members paid an oversight visit to the Organazation’s Corporate Headquarters in Marina, Lagos today. The Managing Director of the Nigerian Ports Authority (NPA), HadizaBalaUsman…

UBA Contactless Cards Hit Industry High of Three Million

  ………Over 10m Debit Card  Issued Pan-African financial institution, United Bank for Africa (UBA) Plc, has again demonstrated its superiority in the Nigerian e-Banking space with the  issuance of over three million Near Field Communication (NFC) technology enabled  contactless cards to its teeming customers.   UBA has revolutionised the payments landscape in Nigeria in 2015,…

SEC Targets Increased Level of  Financial Inclusion by 2020

 L-R,   Research Department, National Pension Commission Mr Lasbery Lot, Representative of the Acting Director General Securities and Exchange Commission, Mr. Abdul Bello and Data Analyst Central Bank of Nigeria, Dr. Gazali Mohammed during the Financial Inclusion Sensitisation Programme held in Abuja at the weekendThe Securities and Exchange Commission (SEC) has said that it aims to…