Baru Urges Nigerian Firms Bid For Oil Fields

The Nigerian National Petroleum Corporation (NNPC) has urged members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for about 30 marginal oil fields which would soon be flagged off by the Federal Government. The Continue reading Baru Urges Nigerian Firms Bid For Oil Fields

UBA Bans Customers From Using Debit Cards On Porn,Betting Sites

United Bank for Africa (UBA) is banning customers from purchasing jewellery, bet or watch access pornography sites with the bank’s card. In a mail titled “we want you to transact safely”, and sent to customers on Thursday evening, made it Continue reading UBA Bans Customers From Using Debit Cards On Porn,Betting Sites

Barclays Bank Asks Nigerians With Less Than £100,000 To Close Their Accounts

Barclays Bank has asked expatriates, including Nigerians, with less than £100,000 deposit to close their accounts. In a letter dated June 12, 2017, the bank informed the customers “The new minimum level will now be £100,000. Top up your savings Continue reading Barclays Bank Asks Nigerians With Less Than £100,000 To Close Their Accounts

Name Change Will Not Affect Operations – Etisalat

Emerging Markets Telecommunication Services Ltd. (EMTS) trading as Etisalat Nigeria on Tuesday informed its customers that the change of brand name will not affect its operations. Ibrahim Dikko, the Vice President, Regulatory and Corporate Affairs, EMTS made this known in a statement. Dikko Continue reading Name Change Will Not Affect Operations – Etisalat

Etisalat No Longer Under Investigation,Paid 42% Of Original Loan

Embattled mobile telephone operator, Etisalat Nigeria, on Thursday denied a news report that the company was being investigated by the anti-graft agency, the Economic and Financial Crimes Commission, EFCC, following a petition by the consortium of banks requesting the Federal Continue reading Etisalat No Longer Under Investigation,Paid 42% Of Original Loan

N541.8b Debt: Access Bank,Others Take Over Etisalat

A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective June 15. The takeover followed the collapse of the effort by Emerging Markets Telecommunications Services, EMTS, Continue reading N541.8b Debt: Access Bank,Others Take Over Etisalat