Generated Aug 17, 06:00 WAT
The NNPC/Seplat Energy Joint Venture graduated 127 teachers and education evaluators in Imo State through its Seplat Teachers Empowerment Programme. The initiative provided digital and STEAM-focused teaching skills, alongside alternative income-generating training, as part of the company’s community and professional development efforts.
Bank of Industry has secured strong institutional demand for its maiden N250 billion Series 1 Fixed Rate Bond, with the offer reportedly oversubscribed within five. The issuance highlights activity in Nigeria’s domestic debt and capital markets, although it does not involve a listed equity or an NGX corporate action.
AIICO Insurance reported a 14.5 per cent increase in revenue to N75 billion for the half-year ended June 30, 2026, while premiums written reached N104.7 billion. NAICOM also issued the company a new operational licence after confirming compliance with recapitalisation requirements.
NNPC Group Chief Executive Officer Bayo Ojulari reportedly did not award or participate in awarding any oil block or marginal field and has no statutory role in licensing. The clarification relates to governance and licensing processes within Nigeria’s oil and gas industry.
OMO bill trading rose to N6.01 trillion during the week ended August 14, forming most of the N8.09 trillion traded in Nigeria’s fixed-income market. The increase followed the CBN’s decision to widen access to OMO instruments despite a N600 billion offer.