Category: Press Releases
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Oando Plc Announces Federal Court’s Adjournment of Hearing
Lagos, Feb, 6 – OANDO PLC ANNOUNCES FEDERAL HIGH COURT’S ADJOURNMENT OF HEARING ON ITS SCHEME OF ARRANGEMENT Oando PLC (referred to as “Oando” or the “Company”), Nigeria’s leading indigenous energy group listed on both the Nigerian Exchange Limited (NGX) and Johannesburg Stock Exchange (JSE), hereby wishes to notify the…
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Central Bank Warns Against Use of Foreign Currency as Medium of Exchange in Nigeria
Abuja, Feb. 5 – THE USE OF FOREIGN CURRENCY AS A MEDIUM OF EXCHANGE IN NIGERIA The attention of the Bank has been drawn to the increasing use of foreign currencies in the domestic economy as a medium of payment for goods and services by individuals and corporates. It has…
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CBN Says No Plans to Convert Domicilliary Account Holdings to Naira
Abuja, Feb. 3 – The attention of the Central Bank of Nigeria (CBN) has been drawn to a story published by a national newspaper alleging that the Federal Government is considering converting $30bn domiciliary deposits to Naira. This allegation is absolutely false and aims to trigger panic in the foreign…
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NNPC Ltd Woos South Korean Investors for Gas Projects …Felicitates Temile Devt. Company on Acquisition of LPG Carrier
Abuja, Feb. 1 – The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mr Mele Kyari, led the company’s team to…
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Why Geometric Power Will Make A Difference in Electricity Supply – Caven
Aba, Jan. 30 – Ahead of the commissioning in February 2024 of the 188megawatt Geometric Power plant in the Osisioma Industrial Area of Aba in Abia State, one of the most influential figures in Nigeria’s power sector has been speaking on how the integrated power project will make a fundamental…
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Transparency: EITI Rates NNPC Ltd High in Compliance
Abuja, Jan. 38 – PRESS RELEASE Transparency: EITI Rates NNPC Ltd High in Compliance…As Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd.) very high in its latest global assessment. This was disclosed by EITI’s…
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MTN Nigeria Delays Meeting to Approve Financial Statements
Lagos, Jan. 26 – MTN NIGERIA rCOMMUNICATIONS PLC NOTICE OF BOARD MEETING TO CONSIDER AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 AND CLOSED PERIOD MTN Nigeria Communications PLC (MTN Nigeria) hereby notifies the Nigerian Exchange Limited and the investing public that the Board of Directors will no…
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Vitafoam Plc First-Quarter Financial Statement
Lagos, Jan. 25 – Vitafoam Nigeria Plc released first-quarter results. Download below:
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Nigeria-Morocco Gas Pipeline: FG, Morocco in Talks to Expedite Project
PRESS RELEASE Abuja, Jan. 25 – Nigeria-Morocco Gas Pipeline: FG, Morocco in Talks to Expedite Project In a bid to fast-track the process of achieving the Final Investment Decision (FID) on the Nigeria-Morocco Gas Pipeline, the Federal Government has intensified discussions with the Kingdom of Morocco. The discussion which held…
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Chidoka Launches Mekaria Mentorship and Leadership Online Training Course
Press StatementFOR IMMEDIATE RELEASE Chidoka Launches Mekaria Mentorship and Leadership Online Training Course…. as Over 8,500 Young Nigerians Join the MMP and 700 are Admitted to the Online Course in 2 days. Abuja, Jan. 24 – We are thrilled to announce the launch of the Mekaria Mentorship Program (MMP) Foundation…
TNG Presswire 