The GbaramatuVoice was established in 2015 as a monthly tabloid published by the Gbaramatu Publishing Company Limited. It hit the newsstand first on August 2015. The newspaper’s sole objective is to bring to public glare what the management saw at the cradle of its formation as information gap and asymmetrical reportage of the activities and people of the Niger Delta.
Incorporated in 2002, Maton Engineering Nigeria Limited has emerged as a strong and key player in the Nigerian oil and gas sector. Led by its Managing Director/Chief Executive Officer, Mr. Matthew Tonlagha, Maton has consistently demonstrated its capability to transform the industry landscape through innovative solutions and sustainable practices. An independent engineering company, Maton specializes
Bolt, the popular ride-hailing service, finds itself embroiled in controversy as users in Warri, Delta State, expressed anger and frustration over what they perceive as exorbitant charges. The outcry has ignited a heated debate on social media platforms, following a post by GbaramatuVoice on Facebook and Instagram, posing the question: “Why do Bolt drivers in
Access Bank, a major player in the banking sector, is currently facing a barrage of criticism from customers who are expressing their frustration over an extended disruption in the bank’s mobile app and USSD services. The public outcry has gained momentum on social media platforms, notably on Nigerians on X (formerly Twitter), where dissatisfied customers
The 2023 House of Representatives candidate of All Progressives Congress (APC) for Bomadi/Patani Federal Constituency in Delta State, Hon. Tamarankro Obriki, on Friday, September 29, 2023 assumed office as the new Managing Director/Chief Executive Officer (CEO) of Oxytane Africa. ALSO READ: Tamarankro Obriki assumes office as MD/CEO of Oxytane Africa See photos below:
Oxytane Africa Investments Nigeria Ltd is an affiliate of Oxytane International and AMJ INC, USA.
The maximum cash withdrawal over the counter by individuals and corporate organisations per week shall henceforth be N100,000 and N500,000 respectively. Withdrawals above these limits shall attract processing fees of 5% and 10%, respectively.
Naira exchanges at N445.38 to Dollar The naira on Monday appreciated against the dollar at the Investors and Exporters window, exchanging at N445.38. The figure represents an appreciation of 0.07 per cent compared with the N445.67 for which the dollar exchanged at the close of business on Friday. ALSO READ: Full list of commercial banks
NEW NAIRA NOTES: Access Bank provides alternative channels for cash deposits, introduces Saturday banking ….Says there is no need to panic In response to the Central Bank of Nigeria’s (CBN) announcement that it will redesign and issue new Naira notes beginning on December 15, 2022, Nigeria’s leading financial institution, Access Bank, has urged its customers
BREAKING: CBN to redesign N200, N500 and N1,000 notes The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500 and N1,000 notes respectively. ALSO READ: CBN to phase out N5, N10, N20 notes soon CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. Details later…
Premium Trust Bank unveils new branch in Effurun Premium Trust Bank has opened a new branch in Effurun, Uvwie Local Government Area of Delta State. The bank, which commenced full commercial banking operations in April 2022, commissioned its fifth branch in the commercial hub of Delta. ALSO READ: Full list of commercial banks in Nigeria
Full list of commercial banks in Nigeria List of Financial Institutions Commercial Banks 1 Access Bank Plc 2 Citibank Nigeria Limited 3 Ecobank Nigeria Plc 4 Fidelity Bank Plc 5 FIRST BANK NIGERIA LIMITED 6 First City Monument Bank Plc 7 Globus Bank Limited 8 Guaranty Trust Bank Plc 9 Heritage Banking Company Ltd. 10
Jaiz Bank plans to open five new branches in Nigeria Jaiz Bank Plc, Nigeria’s premier Islamic bank, plans to open five new branches across the country as the non-interest bank continues to expand. In a statement from the bank, while speaking in Gombe at an interactive session with religious leaders and scholars drawn from Gombe,
Access Bank to reward customers in South-South, South-East regions with millions in the DiamondXtra promo Access Bank Plc has said it would be rewarding its customers in the South-South and South-East regions with millions of naira and other attractive consolation prizes in its DiamondXtra regional draw. The bank said the live draws, which have been
CBN to phase out N5, N10, N20 notes soon The Central Bank of Nigeria (CBN) on Friday in Asaba, Delta State, said the lower denomination of the nation’s currencies including N5, N10 and N20 would soon be phased out of circulation. While the said lower denominations have almost become worthless owing to the declining purchasing
Naira crashes further as aspirants mop up dollars ahead of APC, PDP primaries Ahead of the primaries of the two leading political parties, the All Progressives Congress (APC) and Peoples Democratic Party (PDP), aspirants are mopping up dollars across the country, leading to the further depreciation of the naira. According to Daily Trust, the dollar
Premium Trust Bank has joined the list of licensed commercial banks operating in Nigeria. The bank launched and opened its first branch in Port Harcourt, Rivers State capital, with the promise to customers of speedy service delivery anchored on innovation and strong market knowledge. Speaking at the launch event, the Managing Director and Chief Executive
Heirs Insurance Limited (HIL) has reiterated its commitment to gender inclusion with the launch of its motor insurance plan for women, Her Motor Plan. Prioritising safety, the plan offers subscribers 24-hour road rescue and vehicle repair services, as well as access to an exclusive community of like-minded businesswomen. The launch was held on March 31,
Only three more days, all airlines in Nigeria will shut down – Onyema, Airpeace chairman Nigerian Airline operators are demanding operational licenses from the federal government to begin importation of fuel, following the recent fuel scarcity across the country. Airpeace Chairman, Allen Onyema, warned that Airlines in the country would shut down operations over the
The Nigerian government on Friday, March 11, raided and shut down the operations of some online illegal banks. The Federal Competition Consumer Protection Commission (FCCPC), in collaboration with the Independent Corrupt Practices and other Related Offences Commission (ICPC), National Information Technology Development Agency, and the Nigerian Police Force, raided the offices of the financial institutions
NIGERIA – In recent times, insurance providers have strived to scale operations in a bid to meet up with trends in the industry. In lieu of this, leading insurance firms have subscribed to the use of digital platforms, big data and mobile apps to improve customer interaction with providers, as well as to enhance excellent
…3 trillion Naira to be added to Nigerian economy The Federal Government, yesterday, showed readiness to end the ongoing marginal bid round, which already had already seen the award of 57 licenses. The Federal Government had in June last year, commenced a bid round for the fields, which are mainly in the Niger Delta. ALSO
…CEO Describes Move as Significant Leap Forward Titan Trust Bank Limited (TTB), one of the fastest-growing and customer-centric financial service providers in Nigeria, has acquired Union Bank of Nigeria Plc. This followed an agreement by Union Global Partners Limited, Atlas Mara Limited, and other majority shareholders to divest 88.39 percent shareholding in Union Bank to
Bitcoin Price Crashes, Billions Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and sending traders into a huge panic. The world’s most popular cryptocurrency plummeted below $59,000 following the “flash crash”. This is a huge drop of more than $5,000 from the levels it was trading at just
By Ebi Perekeme The Department of Petroleum Resources has concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme. The DPR said the letters would be issued at an award ceremony scheduled to hold in Abuja on May 31. Mr Paul Osu, Head, Public Affairs, DPR, made the
By Our Correspondent Oil giant, Shell has said it intends to exit Nigeria, Africa’s leading crude oil producer’s onshore oil sector as continuing was no longer in tandem with its strategic investment interest. Shell’s CEO, Van Beurden, who made the decision known at the company’s annual general meeting on Tuesday, said he was in talks
By Faith Madogwe The Commissioner representing Ijaw Ethnic Nationality in the board of Delta State Oil Producing Areas Development Commission (DESOPADEC), has launched an Information Communication Technology (ICT) training centre in Warri for the youth to build their capacity in the assembling and repairs of computers. The PEB ICT Centre, is expected to provide opportunity
By Our Correspondent The National Inland Waterways Authority (NIWA) has commenced the rehabilitation of Burutu port in Burutu Local Government Area of Delta State, as part of efforts to decongest the Lagos ports. The Managing Director of NIWA, Dr George Moghalu, made the disclosure while inspecting the ongoing reactivation work at the Burutu port. When
All is set to launch the entire Delta state into the new and current digital age with the launch of Vision X digital service, GbaramatuVoice reports. The CEO and Managing Director of Vision X Crypto Services Limited, Mr. Amare Nelson at a pre-launch ceremony in Warri, to educate stakeholders on the advantages of the product,
By Ebi Perekeme Loadings of Nigeria’s key export grade Forcados are on force majeure due to the shutdown of the Trans Forcados pipeline, terminal operator Shell said late January 14. The force majeure took effect from 1000 local time (0900 GMT) on January 14, a Shell spokesperson said. A representative at Heritage said the Trans
The Nigerian billionaire acquired from Shell, Total and ENI the ownership of 45% of a producing oil block in the Niger Delta. With the blessing of the Nigerian authorities, who want to develop domestic companies. Will a new private oil giant emerge in Nigeria? Already active, through various companies, in exploration-production and oil services, the
By Our Correspondent The aggrieved people of Gbarain Kingdom in the Yenagoa Local Government Area of Bayelsa State have threatened a showdown with the Niger Delta Power Holding Company following a prolonged power outage in the area which started in the last quarter of 2020. It was gathered that a technical glitch had caused a
By Ebi Perekeme Multi–millionaire business mogul, Mr. Brown Odeworitse Tesigimoje, Chairman/CEO of Gimbrowns Marine Security Oil and Gas Limited, on Sunday, December 20, 2020 rewarded hardworking staff of the company with luxury cars and over N100 million to assist his workers during the 2020 End of Year Party of the company. According to the oil
Royal Dutch Shell has reported a deep financial loss after a record writedown on the value of its oil and gas assets due to the collapse in global market prices triggered by coronavirus. The Anglo-Dutch oil giant revealed a net loss of $18.3bn (£14.1bn) for the second quarter of 2020, down sharply from a net
By Shina Badmus GbaramatuVoice, the Niger Delta leading and most trusted newspaper has presented her Annual Operational Budget for the year to the Fiyewei (Spokesman) of Gbaramatu kingdom, High Chief Godspower Gbenekama, to the tone of N134, 830, 000 (One Hundred and Thirty Four Million, Eight Hundred and Thirty Thousand Naira). The presentation was made Tuesday,
The Nigeria Extractive Industries Transparency Initiative (NEITI) says crude oil and products worth $11 million is lost to theft and pipeline vandalism daily. In a policy brief titled ‘Stemming the increasing cost of oil theft to Nigeria’ released on Wednesday, Nov. 6, NEITI said crude oil and refined product worth $41.9 billion was stolen between
