1. NNPCL begins oil supply to Dangote Refinery next week
As the Dangote Refinery begins operations next week, the supply of 300,000 barrels of crude oil per day by the Nigerian National Petroleum Company Limited to the facility is going to commence, the Group Chief Executive Officer, NNPCL, Mele Kyari, announced on Thursday… Read more
Source: https://punchng.com/nnpcl-begins-oil-supply-to-dangote-refinery-next-week/
2. Firms in court for illegal N3bn investments – SEC
The Securities and Exchange Commission on Thursday said the Federal Government had sued Elixir Asset Management Limited and Elixir Investment Partners Limited, along with two of their directors at the Federal High Court sitting in Ikoyi, Lagos over allegations of fraud worth over N3bn… Read more
Source: https://punchng.com/firms-in-court-for-illegal-n3bn-investments-sec/
3. FG unveils advertising offences tribunal
The Federal Government has inaugurated the Advertising Offences Tribunal to deal with violations of the provisions of the Advertising Regulatory Council of Nigeria Act No. 23 of 2022… Read more
Source: https://punchng.com/fg-unveils-advertising-offences-tribunal/
4. Eni pledges commitment to energy transition
Eni, a multinational energy company headquartered in Rome, has reiterated its commitment to giving top priority to its decarbonisation process in order to boost growth… Read more
Source: https://punchng.com/eni-pledges-commitment-to-energy-transition/
5. Stanbic IBTC unveils fintech subsidiary
Stanbic IBTC Holdings Plc said it has commenced operations of its wholly owned financial technology subsidiary. A statement said, having received all required regulatory approvals and licences to commence operations, the subsidiary would operate under the name, Stanbic IBTC Financial Services Limited… Read more
Source: https://punchng.com/stanbic-ibtc-unveils-fintech-subsidiary/
6. Census: Donors shun NPC, FG provides N224bn
Earlier in March this year, the Minister of State for Budget and National Planning, Clem Agba, disclosed that the Federal Government was planning to establish a basket fund to collect donations for the census… Read more
Source: https://punchng.com/census-donors-shun-npc-fg-provides-n224bn/
7. Kebbi pledges support for rice mill
WACOT Rice Limited, a member of the Tropical General Investments Group, has said its expansion project began in 2021 and was 95 per cent complete. It said full milling operations would begin in August 2023, which would boost Nigeria’s food security and Kebbi State’s economy… Read more
Source: https://punchng.com/kebbi-pledges-support-for-rice-mill/
8. Group launches platform to bridge SMEs funding gap
Deal Source Africa, a programme designed to address the funding gap for African Small and Medium-scale Enterprises in Africa, has been launched at the West Africa Deal Summit in Accra… Read more
Source: https://punchng.com/group-launches-platform-to-bridge-smes-funding-gap/
9. Bank lending to oil firms hits N7tn, says CBN
The combined bank lending to oil firms operating in the downstream and upstream subsectors of the Nigerian oil and gas industry was N6.62tn as of December 2022, according to data from the Central Bank of Nigeria… Read more
Source: https://punchng.com/bank-lending-to-oil-firms-hits-n7tn-says-cbn/
10. Manufacturers eye trade expansion at exhibition
The Equipment and Manufacturing West Africa Expo, a platform bringing together influential decision-makers, innovators, and suppliers from the region and beyond, aims to expand trade opportunities at its third edition slated to hold in Lagos next month… Read more
Source: https://punchng.com/manufacturers-eye-trade-expansion-at-exhibition/
