…Appoints Minister of Power on governing council The President, Major General Muhammadu Buhari (retd.), on Tuesday, in Abuja, approved the partial exclusion of the Ministry of Finance Incorporated from the Treasury Single Account. Buhari also granted the request of the Board of MOFI to charge management and transaction fees; and the inclusion of the Minister of Power in the Governing Council. The president, who conveyed the approval at the 1st Governing Council meeting of MOFI, recalled that the new MOFI was launched on February 1, 2023 to t
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Seplat Energy Plc has disclosed that its gross profit soared to N91.1 b in the first quarter (Q1) 2023, from N48.8 billion same period last year, rising by 69 per cent.The energy firm, in its unaudited result for the three months ended March 31, 2023, made available to The Guardian, also recorded a rise in profit before tax by 3.2 per cent to N39.5b from N34.7b year-on-year. Commenting on the results, the Independent Chairman, Basil Omiyi, said: “Seplat Energy’s management and staff have once again delivered excellent performance, with product
Read MoreThe Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin, made this known in a statement in Abuja on Sunday. The statement was a reaction to a viral news on social media that the apex bank was contemplating the withdrawal of the recently redesigned N1,000 N500 and N200 currency banknotes from circulation. The statement was a reaction to a viral news on social media that the apex bank was contemplating the withdrawal of
Read MoreThe Chilis Bar, Owerri will be the centre of attraction Tuesday (tonight) as Chelsea gun for redemption against Real Madrid in their UEFA Champions League second-leg quarter-final clash. With fans across the world expecting an explosive response from the Blues after their first leg 2-0 defeat in Spain, Heineken, with the ‘Cheers to All Fans Campaign’ is adding an extra layer of excitement by offering a unique viewing experience to fans and loyal consumers alike. According to Portfolio Manager, Premium Lager, Sampson Oloche, Heineken, which ha
Read MoreAMVCA nominations gratifying— ‘Shanty Town’ co-producer, Nworah
Chichi Nworah, a co-producer of the popular movie series, ‘Shanty Town’, has described the 10 Africa Magic Viewers’ Choice Awards nominations secured by the crime thriller as a great reward for the hard work and financial investment that went into producing it. The categories the series got nominated for are Best Actor in a Drama (Movies/TV Series)— Chidi Mokeme; Best Actress in a Drama (Movie/TV Series) —Ini Edo; Best Art Director (Movie/TV Series) — Olalekan Isiaka; Best Costume Designer (Movie/TV Series) — Bunmi Fashina, Tiannah Empire, Sec
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