Oil producer, Aiteo commends Nigeria’s world cup performance

BusinessamJune 28, 2018

Aiteo

Aiteo Group, the indigenous but global Nigerian oil producer, has commended players and officials of the Nigerian team to the on-going World Cup in Russia for the efforts they put into their performances at the tournament. The group is the official optimum partner of the Nigerian Football Federation (NFF). In a statement issued by the […]

Diamond Bank invests in future, rewards 30 young customers with scholarships

Businessam StaffJune 8, 2018

Diamond bank has rewarded 30 customers with N100,000 each in the just concluded Diamond Future and Cool-Teens School Fees Saver Scholarship draw held at the bank’s head office in Lagos. The School Fees Savers Scholarship scheme is specially targeted at parents with children/wards in preschool, primary and secondary school. This initiative is aimed at driving […]

Transcorp Hotels managing director laments neglect of tourism sector in Nigeria

Businessam StaffMay 23, 2018

Valentine Ozigbo, the managing director/chief executive officer of Transcorp Hotels Plc, has lamented the neglect of Nigeria’s tourism sector by governments at all levels. Ozigbo revealed that this was demonstrated by the abysmal marketing of the sector by relevant ministries and agencies of government. Speaking at a national tourism transport summit and expo in Abuja, […]

NDIC receives three concurrent ISO certifications from British Standards Institute

Businessam StaffMay 22, 2018

The Nigeria Deposit Insurance Corporation (NDIC) has become the first public sector organization in Nigeria to be awarded three International Standards Organization (ISO) certifications by the British Standards Institute (BSI) simultaneously. At an elaborate ceremony in Abuja, the British High Commissioner to Nigeria, represented by Natasha Anjekwu, lead trade adviser for education sector opportunities, presented […]

New lingerie line, Sablier, debuts in Nigeria’s plus-size apparel market

Businessam StaffMay 9, 2018

A new lingerie line for plus-size people has debuted in the Nigerian market as a popular media personality, Tolu ‘Toolz’ Oniru-Demuren launched Sablier (“Sab-Lee-Ay”), a premium fuller bust lingerie line. Toolz who reflected on her experience growing up as a full-bodied woman, said the line was created to cater to the often overlooked plus-size market, noting […]

NSE receives “Award for CSR in education”

Businessam StaffMay 2, 2018

The Nigerian Stock Exchange (NSE) is pleased to announce that it has received the 2018 award for “CSR in Education” from Lagos Chamber of Commerce & Industry (LCCI) on Tuesday, May 1, 2018, at the Oriental Hotel, Victoria Island, Lagos. According to the Director of Advocacy & Research, LCCI, Dr. Vincent Nwani, “the objective of […]

Salvic Petroleum Resources Limited: The OML30 success story

Businessam StaffApril 27, 2018

There is a lot going on today in Oil Mining Lease (OML) 30, Nigeria’s second largest onshore Oil & Gas asset, located in the Niger Delta, about 35km East of Warri.  Covering 1,095sqkm, comprising 11 fields, 9 flow stations, the Ughelli tank farm (UPS), the Trans Forcados Pipeline (TFP), and with reserves estimated at about […]

OPEC to hold 7th International Seminar in June 2018

Businessam StaffApril 27, 2018

OPEC

The Organization of the Petroleum Exporting Countries (OPEC) has announced that it will host its 7th International Seminar at the Imperial Hofburg Palace in Vienna, Austria, The international seminar scheduled for 20−21 June 2018 themed: Petroleum – cooperation for a sustainable future,’ is expected to provide fresh impetus to key petroleum industry issues and challenges, […]