Category archives for: Business

NNPCL New Boss, Ojulari Pledges To Attract  $60bn Investment By 2030

LAGOS APRIL 19TH (NEWSRANGERS)-The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bayo Ojulari, has set an ambitious target to attract $30 billion in investments into Nigeria’s energy sector by 2027 and $60 billion by 2030. Ojulari revealed the targets during a meeting with NNPC staff on Thursday, […]

Made In Naija Initiative: Union Bank Empowers Young Nigerian Entrepreneurs

LAGOS APRIL 18TH (NEWSRANGERS0-Union Bank of Nigeria, under its Made In Naija initiative, emphasised its commitment to supporting home grown businesses by recently sponsoring the RISE Business Challenge at the University of Lagos, Akoka, during the 6th Annual Youth Leadership Conference. Dubbed Turning Point 6.0, the Resilience, Innovation, Social Responsibility, and Entrepreneurship (RISE) Challenge is […]

Minister Orders NIMASA To Commence Process Of Cabotage Vessel Financing Fund Disbursement

LAGOS APRIL 18TH (NEWSRANGERS)-The Minister of Marine and Blue Economy, Adegboyega Oyetola, has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF). The Media & Communications Adviser to the Minister, Dr. Bolaji Akinola, in a statement said […]

Fidelity Bank Named “Nigeria’s Best Private Bank” At Euromoney Awards In London

LAGOS APRIL 18TH (NEWSRANGERS)-Tier one bank, Fidelity Bank PLC, has been named “Nigeria’s Best Private Bank” at the prestigious Euromoney Awards 2025. The recognition was formally unveiled at the awards ceremony held recently at The Savoy in London.  The Euromoney Awards for Excellence are prestigious annual honors and a benchmark for excellence in the global […]

Fuel Pump Price May Drop To N800/litre As Oil Prices Tumble

LAGOS APRIL 18TH (NEWSRANGERS)-The drop in crude oil prices and the resumption of the naira-for-crude arrangement for local refiners may push the pump price of Premium Motor Spirit (petrol) further down to about N800 per litre in the coming weeks or months, oil marketers and industry analysts said on Wednesday. This comes as the Dangote […]

SNEPCo Named Major Oil Company Of The Year, As Former MD Elohor Aiboni Is Amazon Of Nigeria’s Oil Sector

LAGOS APRIL 17TH (NEWSRANGERS)-Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for last year by a Nigerian publication, Energy Times in recognition of its contributions to deep-water oil and gas development and the industry generally. Energy Times also awarded the title of Amazon of Nigeria’s Oil Sector […]

Shell Hails Oloibiri Lecture Series As Platform For Driving  Change In Nigeria Oil Sector

LAGOS APRIL 15TH (NEWSRANGERS)-Shell Nigeria Exploration and Production Company Ltd (SNEPCo,) one of the sponsors of the Oloibiri Lecture Series and Energy Forum (OLEF) has commended it as a platform for driving change in Nigeria’s energy sector through the discussions that centre on business performance, cost discipline and process simplification. “This event is special to […]

Nigeria Lost N1.5trn To Cargo Diversion In One Year –House Of Reps Alleged

LAGOS APRIL 13TH (NEWSRANGERS)-The House of Representatives Committee on Customs and Excise has vowed to investigate the alleged diversion of imported finished goods to FreeTrade Zones (FTZs) from other ports by unscrupulous Customs Licence Clearing and Forwarding agents in connivance with bad eggs in the Nigeria Customs Service (NCS) and other agencies. Chairman of the […]

Dangote Moves Up In Billionaire Ranking After Making Over N9bn On His Birthday

LAGOS APRIL 13TH (NEWSRNAGERS)-On his birthday, Nigerian business mogul and Africa’s richest man, Aliko Dangote’s net worth has increased again. According to data from Forbes, Dangote’s wealth jumped by $6 million ( over N9.53 billion) on Thursday, April 10. Dangote is now worth $23.5 billion and ranks as the 80th richest man in the world, […]

Sterling Bank Takes Sides With Nigerians, Eliminates Bank Transfer Fees

LAGOS APRIL 11TH (NEWSRANGERS)- In a bold move that resets the rules of engagement in the Nigerian banking sector, Sterling Bank has removed transfer fees on its digital banking platform, OneBank. This decisive move makes Sterling the first major Nigerian bank to forgo earning a cut from customer transactions on its own app. The initiative […]

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