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Business

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ICT

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Capital Market

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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Business

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ICT

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Capital Market

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Insurance

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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NNPC Chief, Kyari, Wins Champion Newspapers’ Most Outstanding Energy Icon Award 

Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has won the Champion Newspapers’ 2023 Most Outstanding Energy Icon of the Year.

Kyari was conferred with the honour during the newspaper’s annual awards ceremony held in Lagos on Saturday.

Conferring the award on the GCEO, the Chairman of the Awards ceremony and Chairman, National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Mohammed Buba Marwa said Kyari has distinguished himself as an exceptional Nigerian for his invaluable contribution to Nigeria’s economic development, especially in the nation’s oil and gas sector.

He said it was noteworthy that under Kyari, NNPC Limited attained profitability, the first time in its over four decades of existence.

Responding shortly after receiving the award, Kyari, who was represented at the ceremony by NNPC’s Chief Corporate Communications Officer, Mr. Olufemi Soneye said the award will spur him to do more for the nation’s oil and gas industry.

“In a year that has been full of unprecedented challenges and transformative shift for the oil and gas industry, not only in Nigeria but globally, this award represents the crucial role that NNPC plays in safeguarding Nigeria’s energy security,” Kyari added.

Earlier in her remarks, the GMD/Editor-in-Chief of the Champion Newspapers Group, Dr. Mrs. Nwadiuto Iheakanwa said Kyari has distinguished himself as an exceptional Nigerian for his invaluable contribution to Nigeria’s economic development, especially in the nation’s oil and gas sector.

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It was good news the other morning when news filtered out that the federal government has graciously given cash-strapped states a bailout of approximately N714 billion to settle outstanding salaries and other forms of wages to workers in their states. To the workers, it was probably the best news of the year 2015, given that some that had fallen into arrears for upwards of seven to nine months. To ordinary Nigerians not directly affected by the salary crisis in the affected states, the bailout represents a moment of relief from the plight of the workers. For the state governments, the bailout is only a temporary measure to relieve them of the scandalous inability to meet their obligations to workers in the states.

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