News & Insights

  • Fayemi to Partner IFC on Ekiti Development Agenda

    The Governor of Ekiti State, Dr. Kayode Fayemi, yesterday revealed plans to establish and strengthen private sector relationship with the International Finance Corporation (IFC) with a view to driving sustainable developments in the state. The IFC is an international financial institution of the World Bank that offers investment, advisory and asset management services to encourage

    February 19, 2020
  • UN Health Agency Seeks to Prevent Global Coronavirus Crisis

    As COVID-19, also known as coronavirus, continues to spread, the head of the United Nations health agency said that there is still a chance to prevent a broader global crisis.  Tedros Adhanom Ghebreyesus, the Director-General of the UN World Health Organization (WHO), updated journalists on Tuesday that at 6:00 am Geneva time, China had reported 72,528 cases, including 1,870 deaths.  And in the past 24

    February 19, 2020
  • Lagos Orders Travellers from China to Observe 14 Days’ Self-quarantine

    Following the rate of the spread of the novel Coronavirus outbreak from China, the Lagos State Government has directed all returning travellers from the Asian nation and those exposed to travellers from the country to observe self-quarantine for 14 days on arrival in Lagos. The state government has also dismissed reports that a case of

    February 3, 2020
  • Access Bank wins big at the EMEA Finance Awards 2019

    For displaying excellent financial performance, leveraging technology for business growth, creating a universal payment gateway and advancing efforts towards creating a sustainable future, Africa’s largest retail bank, Access Bank Plc, emerged winner of the Best Bank in Nigeria and Best Product Launch (Pan Africa) categories at the 2019 Europe, Middle East and Africa (EMEA) Finance

    January 30, 2020
  • Access Bank named ‘Bank of the Year’ at 2019 The Bankers Awards

    Africa’s largest bank in assets and customer base, Access Bank Plc. has continued its recent trend of wins, as it emerged the ‘Bank of the Year’ at The Bankers Awards which took place at Sheraton Grand Park Lane in London. The Bank was selected winner based on its impressive financial performance over the years, meeting

    January 30, 2020
  • Nigeria May Lose 2m Children to Pneumonia, UNICEF Warns

    The United Nations Children’s Fund (UNICEF) has said Nigeria may lose two million children to pneumonia in the next decade if modalities are not put in place to curb the disease. The UN body identified malnutrition, air pollution and lack of access to vaccines and antibiotics as the drivers of preventable deaths from pneumonia, which

    January 30, 2020
  • GRI Launches First Global Standard for Tax Transparency

    No hiding place: companies need to demonstrate they pay their fair share ​ The launch of a new tax reporting standard that seeks to ensure multinationals are much clearer about how much – and where – they pay their taxes has received widespread international support. The GRI Tax Standard is the first global standard for

    December 5, 2019
  • NEITI: FAAC Disbursement Hits N2.273tn in Q3 2019

    The Federation Account Allocation Committee (FAAC) disbursed N2.273 trillion to the three tiers of government and other statutory recipients between July and September this year, according to data from the Nigeria Extractive Industries Transparency Initiative (NEITI). Also, the total revenues from Value Added Tax (VAT) dropped by N36.8 billion to N275.12 billion in the third

    December 3, 2019
Community Engagement Standards

We developed the first Community Engagement Standards to ensure smooth and effective interactions between oil and companies and their host communities. The standards, when adopted, will aid in the reduction of oil theft and oil loss from refineries.

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