Corporate Affairs

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Seplat Unveils Plans for $250 Million Gas Plant in Sapele, Delta State
ByGovernMend Nigeria November 18, 2023November 18, 2023

Seplat Plc’s Director of New Energy, Effiong Okon, has revealed the company’s plans to construct a new $250 million gas plant in Sapele, Delta State. The announcement was made during the Nigeria Oil and Gas Outlook event in Lagos, where Effiong outlined Seplat’s vision to contribute to the country’s energy landscape. The new plant in…

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Corporate Affairs | Matters Arising | News | Politics | Uncategorized

Sanwo-Olu Foresees $2.5 Billion Savings for Nigeria in Fuel Subsidy Removal
ByGovernMend Nigeria November 17, 2023November 18, 2023

Lagos State Governor, Babajide Sanwo-Olu, has commended President Bola Tinubu for the bold move to remove fuel subsidy, estimating that it will save Nigeria approximately $2.5 billion in budgetary expenditure. In an interview on Sky News, UK, Sanwo-Olu highlighted the unprecedented audacity of the President in taking such a step, emphasising the potential redirection of…

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Business | Corporate Affairs | Economy | Matters Arising | News

Naira Witnesses Remarkable 6.24% Surge Against US Dollar in Official Market
ByGovernMend Nigeria November 17, 2023November 17, 2023

The Nigerian naira experienced a significant surge against the US dollar, closing at N791.75/$1 in the official market on November 17, 2023. This substantial appreciation of 6.24% brought relief to experts who anticipated a positive impact from the Central Bank of Nigeria’s (CBN) recent move to clear a portion of its foreign exchange (FX) backlog,…

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Business | Corporate Affairs | Politics | Uncategorized

NLC Commends Workers for Successful Day One of Nationwide Strike
ByGovernMend Nigeria November 15, 2023November 15, 2023

The Nigeria Labour Congress, NLC, has commended Nigerian workers for the success of Day One of the ongoing nationwide strike. In a circular to its affiliates and state councils, titled “Indefinite nationwide strike: A great beginning,” NLC General Secretary, Emma Ugboaja, said, “We wish to appreciate and congratulate all Affiliates and State Councils for the…

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Business | Corporate Affairs | Economy | Governance | Politics

Nigeria’s Defense Minister Projects 1.9 Million Barrels per Day in Year-End Oil Production
ByGovernMend Nigeria November 13, 2023November 13, 2023

Nigeria’s Defense Minister, Bello Matawalle, has expressed optimism that the country’s oil production will reach 1.9 million barrels per day by the end of the year. In a recent interview with the News Agency of Nigeria (NAN), he credited the federal government’s commitment to combating crude oil theft as a key factor in boosting production….

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Business | Corporate Affairs | Economy | Matters Arising

Multichoice Implements Price Hike of at Least 19% Across DStv and GOtv Bouquets
ByGovernMend Nigeria November 13, 2023

Multichoice Nigeria, the operator of DStv and GOtv, has announced a second round of price increases for its pay-TV packages in 2023. The new prices, set to take effect on November 6, 2023, come merely five months after the last price adjustment. The company attributed the latest hike to escalating costs across various aspects of…

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Business | Corporate Affairs | Matters Arising

Saudi Arabia Cancels Visas of 264 Passengers Airlifted by Air Peace, Demands Return to Nigeria
ByGovernMend Nigeria November 13, 2023November 13, 2023

Saudi Arabia has cancelled the visas of all 264 passengers airlifted by Air Peace upon arrival in Jeddah. The Saudi authorities insisted that the airline must return the passengers to Nigeria. The flight, which originated from Murtala Muhammed International Airport in Lagos via Aminu Kano International Airport in Kano, arrived in Jeddah without issues. However,…

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Business | Corporate Affairs | Economy

NNPC Resolves Dispute: TotalEnergies Oil Production Restored to 275,000 Barrels Per Day
ByGovernMend Nigeria November 12, 2023November 12, 2023

The Nigerian National Petroleum Company (NNPC) Limited has successfully brokered a peace deal that led to the restoration of oil production at TotalEnergies. NNPCL announced the resumption of production, amounting to 275,000 barrels per day, following negotiations with the management of TotalEnergies and representatives from the Petroleum and Natural Gas Senior Staff Association of Nigeria…

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Business | Corporate Affairs | Matters Arising | Uncategorized

UI and Edurex Technologies Collaborate to Revolutionize Online Learning in Nigeria
ByGovernMend Nigeria November 12, 2023November 12, 2023

The University of Ibadan (UI) and Edurex Technologies have joined forces to bring you a fusion of academic excellence and technological innovation. Prof. Babatunde Omobowale, the Director of UI’s Distance Learning Centre, and Adedotun Fasiku, the CEO of Edurex Technologies, are leading the charge for a strong Public Private Partnership (PPP) that aims to revolutionise…

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Business | Corporate Affairs | Economy | Matters Arising

Shipping, Clearing, and Forwarding Agencies to Halt Operations as SSASCFA Announces Nationwide Strike
ByGovernMend Nigeria November 12, 2023November 12, 2023

The Senior Staff Association of Shipping, Clearing, and Forwarding Agencies (SSASCFA) is gearing up for a nationwide strike set to kick off on Tuesday, November 14, 2023. The decision to embark on this indefinite strike was not taken lightly. It stems from the resolution reached during the Joint National Executive Council meeting on Tuesday, November…

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