FMDQ explains name change, says not out to compete with NSE

FMDQ Securities Exchange Plc, which recently became a full blown securities exchange, has explained that it is not out to compete with the Nigerian Stock Exchange (NSE) in equities trading but to create new entities for the future. Mr Bola Onadele, FMDQ Managing Director, said on Saturday at a media parley in Lagos that the new securities exchange would work with Small and Medium Enterprises (SMEs) and private companies to create new entities for the future. Onadele said the company’s intention was not going into the equities market to compete with…

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NNPC targets China to boost Crude oil reserves

NNPC Group Managing Director Malam Mele Kyari The Nigerian National Petroleum Corporation(NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to actualise the growth of the nation’s crude Oil reserves . Group Managing Director of NNPC Malam Mele Kyari, disclosed this when the Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr Lu Yan Ji, paid him a courtesy visit in Abuja, on Thursday. Mr Ndu Ughamadu, spokesman for the corporation said in a statement that the partnership would also help to achieve…

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Construction of N3.9 bn shopping mall begins in Kaduna

Governor el-Rufia of Kaduna State laying the foundation of Amsalco Galaxy Mall, Murtala Square, Kaduna Kaduna State Governor, Nasir El-Rufai on Wednesday performed the ground breaking of a new shopping mall being constructed at the cost of N3.9 billion in Kaduna. The News Agency of Nigeria (NAN) reports that the Amsalco Galaxy Mall is being constructed at the Murtala Mohammed Square in the heart of Kaduna city, through public private partnership. El-Rufai said the project was part of the state Urban Renewal programme targeted at providing modern infrastructure in the…

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Life beer splashes over N10m to promote Igbo culture, high-life music

Life Continental Lager Beer, a beverage in the staple of Nigeria Breweries Plc, has declared over N10 million prize money to support growth of Igbo traditional dance, culture and high-life music. The beer brand is doling out the prize money through its ongoing “Rhythm of Progress Competition’’, designed to showcase up-coming Igbo traditional dance, culture display and high-life music among Igbo young talents. Speaking to newsmen at the end of the semi-finals held in Enugu on Thursday, Mr Chidi Egwu, Brand Manager of Life Beer, said that the competition was…

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Tuface emerges Stock Exchange ambassador

Tuface Idibia The Nigerian Stock Exchange (NSE) on Tuesday appointed International Award-Winning artist, Innocent Idibia’ popularly known as `Tuface or 2Baba` as its ‘Good Cause Ambassador’. Mr Oscar Onyema, NSE Chief Executive Officer said this at the unveiling of Tuface organised by the exchange in Lagos. “Following the appointment, Tuface would lend his voice to raising awareness and mobilising support for the Corporate Social Responsibility and Sustainability initiatives of NSE geared toward achieving the United Nations Sustainable Development Goals (SDG) in Nigeria. “We are pleased to welcome Tuface Idibia as…

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Group synergizes FG on job creation, economic empowerment

President Buhari A business organization, Nzenweofor Group has initiated a job creation, economic empowerment programme to support government policies towards tackling unemployment in the society. This was contained in a communiqué to President Muhammadu Buhari on Friday signed by the group’s chairman, Chief Ndubuisi Nzenweofor, Alhaji Danladi Pasali; Chairman, Organising committee and Usman Tanze Danjuma, Secretary, Organising Committee. Tagged “Synergy for addressing monumental predicaments in the society and award ceremony” and made available to newsmen in Abuja, it stated that the group was constrained by necessity particularly the security challenges…

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Roland Ewubare is COO Upstream not GMD NNPC – Official

The Nigerian National Petroleum Corporation (NNPC) says the existing trending fake Linkedin profile of its Chief Operating Officer, Upstream, Mr Roland Ewubare, presenting him as the Group Managing Director (GMD) of the Corporation is fake. The NNPC, in a statement by its spokesman, Mr Ndu Ughamadu on Staurday in Abuja, alerted the public that the profile was the sinister motive of defrauding unsuspecting members of the public, especially foreign stakeholders. He said the bogey was apparently contrived by unscrupulous conmen using the well-known professional networking platform to entrap would-be preys.…

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Zenith Bank upgrades mobile banking application

Zenith Bank says it has upgraded its mobile banking application to ensure its services are more suited for the lifestyle needs of customers. The bank said in Lagos on Saturday that the upgraded mobile app had improved user interface and more offerings such as QR payments, biometric sign-on for android users and a help menu for prompt challenge resolution to guarantee more rewarding bank experience. Mr Ebenezer Onyeagwu, its Group Managing Director, said the new features were designed to further create value for customers. “To download the Zenith mobile app,…

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Logistics firm, Shoptomydoor expands support to SMEs, opens Ikeja office

The newly commissioned Shoptomydoor SMEs office at Ikeja, Lagos  A logistics company, Shoptomydoor.com, has extended its support to Small and Medium Enterprises (SMEs) in order to help create profitable business opportunities for everyone. To this end Shoptomydoor.com has officially launched a new office at Computer Village, Ikeja – Lagos. This is in line with her vision of expansion to other parts of Nigeria. Shoptomydoor.com in a statement to Apex News by its Public Relations and Content Manager, Ehi Osezua, said it also helps Nigerians enjoy e-commerce from over 80,000 online…

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DPR boss promises to drive private refinery initiative

From Left: Head Gas,  DPR, Mr Sanya Bajomo; Ag. Director DPR, Mr Ahnad Shakur; and Head Engineering and Standard, DPR, Mrs Ibidun Toweh, during the pre-commission visit to Niger Delta Petroleum Resources Refinery capacity expansion Train II project at Ogbele, Rivers state. Mr Ahmad Shakur, the acting Director of Petroleum Resources (DPR), has promised to drive the deepening of private refinery initiative in Nigeria by providing the necessary regulatory oversight collaboration with prospective investors. Mr Paul Osu, Head, Public Affairs of the agency, said in Lagos on Friday that Shakur…

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