LAGOS MAY 23RD (NEWSRANGERS)-Tier-one lender, Fidelity Bank Plc, has recently announced salary increments for its staff following a remarkable full year 2024 financial performance. The salary increase announced in May follows a prior increment from November 2024 and aims to recognize staff contributions in customer service and achieving corporate goals. It will be recalled that…
LAGOS MAY 23RD (NEWSRANGERS)-Nigeria’s premier gas distribution company, Shell Nigeria Gas (SNG) last week engaged more than 100 gas off takers in the Agbara Ota industrial zone in Ogun State on ways of consolidating the gains from the supply of gas to the businesses. Set up in 1998 as a fully Shell-owned company, SNG currently…
LAGOS MAY 23RD (NEWSRNAGERS)-The chairman of Dangote Group, Aliko Dangote, has revealed that the federal government makes 52 kobo from every N1 generated from the production and sale of Dangote Cement. Dangote disclosed this on Wednesday at the 2025 Taraba International Investment Summit, with the theme: ‘Unlocking Taraba’s Investment Potentials, Advancing Agriculture, Energy, Mining, and…
LAGOS MAY 22ND (NEWSRANGERS)-Shell Nigeria Exploration and Production Company Ltd (SNEPCo) says Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects. Speaking at the 5th Nigerian Oil and Gas Opportunity Fair (NOGOF) in Yenagoa, Bayelsa State, today,…
LAGOS MAY 22ND (NEWSRANGERS)-– Renaissance Africa Energy Company Limited has been honoured as the Nigerian Content International Upstream Operator of the Year at the prestigious Awards Night of the 2025 Nigeria Oil and Gas Opportunity Fair (NOGOF), organised by the Nigerian Content Development and Monitoring Board (NCDMB) in Yenagoa, Bayelsa State. The growing energy firm…
LAGOS MAY 21ST (NEWSRANGERS)-The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Tanzanian counterpart, the Tanzania Shipping Agencies Corporation, TASAC, have deepened cooperation in knowledge sharing in the areas of Flag and Port State Control, Seafarer Development and Certification, Cabotage regime implementation, Maritime Security, and digital transformation of processes among others. This was the thrust of deliberations during a working visit by the Maritime Administration of the East African nation…
LAGOS MAY 20TH (NEWSRANGERS)-Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment. As the matter is still before the…
LAGOS MAY 15TH (NEWSRANGERS)-In its first month of operating the former SPDC Joint Venture assets, Renaissance Africa Energy Company Limited has demonstrated immediate impact by surpassing production targets by 40 percent. This early success above set target by the JV signals a positive trajectory for Nigeria’s oil output growth and economic prosperity. The Nigerian National…