LAGOS JULY 2ND (NEWSRANGERS)-Shell Companies in Nigeria (SCiN) today kicked off their participation at the 24th Nigeria Oil and Gas Conference and Exhibition in Abuja with an elaborate exhibition on their operations which drew commendation from top government functionaries and other conference participants. Among the visitors to the stand were the Minister of State for…
LAGOS JULY 2ND (NEWSRNAGERS)-A prosecution witness, Ajayi Michael Folaseye, on Monday told a Federal High Court in Ikoyi, Lagos, how he rejected a $7,000 bribe allegedly offered by a colleague seeking access to Premium Trust Bank’s internal systems. Ajayi, who is the first prosecution witness gave his testimony before Justice Alexander Owoeye in the…
LAGOS JULY 2ND (NEWSRNAGERS)-Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (PMS) to ₦840 per litre, representing a ₦40 drop from its previous rate of ₦880. The price cut comes amid concerns over rising pump prices and ahead of a planned nationwide distribution rollout scheduled for August 15. The announcement was…
LAGOS JULY 1ST (NEWSRNAGERS)-The Comptroller-General (C-G) of the Nigeria Customs Service (NCS), Mr. Wale Adeniyi, has been elected as Chairman of the World Customs Organisation (WCO) Council. The election was held during the concluding session of the 145th/146th WCO Council Meetings, yesterday, at the WCO Headquarters in Brussels. The WCO is the highest decision-making body…
LAGOS JUNE 27TH (NEWSRNAGERS)-The Cable NG reports that the market capitalisation of Fidelity Bank has crossed the N1 trillion mark as the share value of the company appreciated by 1.27 percent at the close of trading. According to data from the Nigerian Exchange Group (NGX), the bank’s market capitalisation hit N1 trillion after its…
Mr Osagie and Mrs Soala Okunbor during the retirement event in Lagos. LAGOS JUNE 27TH (NEWSRANGERS)-Country Chair, Shell Companies in Nigeria, Osagie Okunbor who retires at the end of this month, has been commended for his role and record in the…
LAGOS JUNE 27TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC Ltd.) has raised the alarm over an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless actors, both outside and within various levels of the organisation. NNPCL in a statement titled, “Coordinated Sabotage Campaign Against NNPC Limited’s Leadership” signed by…
LAGOS JUNE 26TH (NEWSRNAGERS)-Again, the Senate has issued a 10 day ultimatum to the Nigerian National Petroleum Company Limited NNPCL to respond to 11 critical financial queries related to discrepancies in its audited financial statements, warning that failure to comply could attract serious constitutional consequences. The Committee on Public Accounts, Senator Aliyu Wadada, SDP, Nasarawa…