Oando grows half year revenue to N2.1trn
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
NB appoints Borrut Bel as managing director
Nigerian Breweries, NB Plc, has announced the appointment of Mr. Jordi Borrut Bel as its Managing Director/Chief Executive Officer, even as it reorganises its management team. The appointment will take effect on January 22, 2018.
GTB bags EMEA awards
Guaranty Trust Bank Plc, GTB, has bagged the EMEA Finance awards as the “Best Bank in Nigeria” and the “Best Bank for CSR in Africa.” Its Managing Director and Chief Executive Officer, Segun Agbaje, also bagged the award for the CEO of the Year, which he won in 2013, thus becoming the first ever repeat winner in the history of the awards.
Egina project sets new local content records
THE local content initiative of the federal government appears to be yielding positive results as the Floating, Production, Storage and Offloading unit (FPSO) of Egina, a 330-meter long vessel designed to process oil and gas from the Egina field, is expected to berth at the quayside in Nigeria for integration of locally fabricated modules. This is a first for Nigeria.
Indigenous company to decongest Apapa traffic by 60%
SUCCOUR will soon come the way of residents of Apapa and its environs as Petrolex Oil and Gas Limited, Africa’s emerging indigenous energy giant, is set to launch its ultra-modern tank farm facility, at Ibefun, Ogun State, aimed at decongesting the perennial Apapa traffic jam by about 60 percent.
GTB bags EMEA awards
Guaranty Trust Bank Plc, GTB, has bagged the EMEA Finance awards as the “Best Bank in Nigeria” and the “Best Bank for CSR in Africa.” Its Managing Director and Chief Executive Officer, Segun Agbaje, also bagged the award for the CEO of the Year, which he won in 2013, thus becoming the first ever repeat winner in the history of the awards.
