Thursday , 18 January 2018

Business

WAIPEC returns to Lagos February 6-8, 2018

The Petroleum Technology Association of Nigeria (PETAN) has revealed that the West African International Petroleum Exhibition and Conference (WAIPEC) will return to Lagos for its second edition 6-8th February 2018 following hugely positive feedback from the inaugural event which took place at the Eko Convention Centre in February. In a statement sent to The Daily, www.thedaily-ng.com, the organisers disclosed that over 350 delegates …

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Nigerian inflation slowed for 11th month in Dec, stats chief says

Annual inflation in Nigeria slowed for the 11th month in a row in December, to 15.37 percent from 15.90 percent a month before, the head of the National Bureau of Statistics (NBS) said in a tweet on Tuesday. Yemi Kale also said on his personal Twitter account that a separate food price index showed inflation at 19.42 percent in December, …

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Total counts 15 blessings of 2017, looks forward to Egina, others in 2018

By Alison Godswill With low oil price, budget cuts and other sad realities, the year, 2017 left many operators in the global oil and gas industry with mixed blessings. But some had more blessings than others. One of them is Total. In its recent report posted at its website, the company identified 15 feats worth celebrating. The company indicated that, …

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Ortom: Other states may have land for cattle colonies — NOT Benue

Samuel Ortom, governor of Benue, says his state does not have land for cattle colonies. Ortom said this on Monday while speaking with journalists after him and Benue leaders held a meeting with President Muhammadu Buhari at the presidential villa. The establishment cattle colonies have been seen as an option to prevent clashes between herders and farmers. But the governor said other …

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Brazil: Total launches large-scale development of Libra field

Total announces that it has taken the investment decision for the first large-scale development phase of the Libra project, located deep offshore, 180 kilometres off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin in Brazil. Total disclosed in a statement that: ‘’This phase, consisting of a floating production storage and offloading (FPSO) unit with …

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Fidelity Bank Partners SystemSpecs for Federal Collections via *770#

Top Nigerian lender, Fidelity Bank Plc is championing a ground breaking innovation in the collection of internally generated revenue (IGR). Working in conjunction with SystemSpecs, a leading electronic financial transactions company and owners of Remita, Fidelity Bank has launched a more convenient collection and remittance of Federal Government Revenues via its Unstructured Supplementary Service Data (USSD) channel (*770#). The solution, …

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The Unveiling of Leo, by the United Bank for Africa (UBA) Group Lagos, Nigeria

Pan-African financial institution, United Bank for Africa (UBA), has today, changed the face of e-banking with the introduction of Leo, the UBA Chat Banker who enables customers make use of their social media accounts to carry out key banking transactions. At the official launch of Leo, UBA’s Chat Banker, which took place in Lagos on Thursday, customers of the bank were …

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Petrol Queues: IPMAN wants FG to demolish 2,000 illegal filling stations

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advocated immediate demolition of over 2,000 identified illegal filling stations operating across the country, to check the persistent scarcity of petroleum products. The Chairman of Board of Trustees of IPMAN, Alhaji Aminu Abdulkadir, gave the suggestion when he fielded questions from State House correspondents in Abuja on Sunday. Nwankpa Chijioke Abdulkadir, …

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