.. To begin payment March The Nigerian Union of Pensioners (NUP) , Federal Airports Authority of Nigeria (FAAN) branch and its management has reached an accord on the implementation of Consequential Salary /Pension Adjustment (CPA) Investigations reveal that an implementation committee is to be set up comprising two members of NUP, two representatives of the…
MTN has become the first African company to enter the metaverse by purchasing land in Africarare. MTN made this known in a statement on its website titled, ‘MTN Group becomes the first African company to enter the metaverse with land ownership on Africarare’. “This investment demonstrates MTN’s commitment to supporting African innovation as it is…
The Nigerian National Petroleum Company Limited on Monday insisted that it would continue to develop Nigeria’s gas resources despite the exit of International Oil Companies from the country due to the global push for energy transition and net carbon zero target. The NNPC’s Group Managing Director, Mele Kyari, disclosed this in Abuja at the ongoing…
Zenith Bank Plc says its gross earnings rose by 10 per cent to N765.6bn as of the end of December 2021, from N696.5bn recorded in the corresponding period of 2020. A statement by the bank said this was despite a challenging macroeconomic environment aggravated by the COVID-19 pandemic. The lender its audited financial results for…
International energy giant BP has opted to leave Russia after Western countries imposed severe sanctions on its companies and individuals following Moscow’s military attack on Ukraine. BP, the biggest foreign investor in Russia, said it was abandoning its stake in the state oil company Rosneft at a cost of up to $25bn, shrinking its oil…
On the 15th of February, 2022, the Nigerian Meteorological Agency (NiMet) presented the 2022 Seasonal Climate Prediction (SCP) at the Nigerian Air Force (NAF) Centre in Abuja, Federal Capital Territory. The timing of the event was strategic and understandable, as NiMet usually holds the public presentation of the vital document before the start of the…
Air Peace has responded to the Kano Emirate which wrote a letter to NCAA to report it. The airline refused to delay its scheduled flight to make it possible for Emir of Kano and his team to join. The Emirate has the capacity to charter a flight from Lagos to Kano. But if for any…
Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), was expected to announce the agreement to acquire the entire share capital of Mobil, with the completion of the transaction subject to ministerial consent and other required regulatory approvals. The statement from the company…
In recognition of the giant strides and efforts by Junior Achievement Worldwide – the parent body of Junior Achievement Nigeria and other Junior Achievement across 119 countries – in equipping young people to solve societal issues, whilst building an entrepreneurship mindset, Junior Achievement World Wide –– has been nominated for the 2022 Nobel Peace Prize.Asheesh…
