NNPC posts N6.33bn profit in one month
The Nigerian National Petroleum Corporation on Sunday announced a trading surplus of N6.33bn for the month of May, a figure which is 13 per cent higher than the N5.6bn surplus posted in the preceding month of April.
Details of the corporation’s performance contained in the May edition of its Monthly Financial and Operations Report attributed the marginal rise to the increase in gas and power output in contrast to the figure for the preceding month.
The report, which was made public by the Group General Manager, Group Public Affairs Division, NNPC, Ndu Ughamadu, also attributed the result to the surplus recorded by the corporation’s downstream entities.
The report further indicated that within the period, the corporation recorded a total of $580.32m in export sale of crude oil and gas, which was 23.39 per cent higher than the previous month’s figure.
Out of this number, crude oil export sales contributed $458.59m, which translated to 79.02 per cent of the entire dollar transactions, compared with the $342.11m that was contributed in the previous month.
The report showed that between May 2018 and May 2019, crude oil and gas worth $5.97bn was exported.
In the downstream, to ensure uninterrupted supply and effective distribution of petrol across the country, a total of 2.06b billion litres of petrol translating to 66.49 million litres per day were supplied in the month of May 2019.
NNPC stated that beyond supply, it had continued to diligently monitor the daily stock of petrol to achieve smooth distribution of petroleum products and zero fuel queue across the country.
Within the period, a total of 60 pipeline points were vandalised, representing a remarkable 52 per cent decrease from the 125 points vandalised in April 2019.
The Atlas Cove-Mosimi and Ibadan-Ilorin pipelines accounted for 38 per cent and 23 per cent, respectively and other locations accounted for the remaining 39 per cent of the total breaks.
The report noted that the feat was due to efforts by NNPC in collaboration with the local communities and other stakeholders to continuously strive to reduce and eventually eliminate pipeline vandalism.
Zenith Bank unveils ‘Style by Zenith 2.0’
Following the success of the maiden edition, foremost multinational financial services provider, Zenith Bank Plc has announced the launch of “Style by Zenith 2.0”, the second edition of its flagship lifestyle fair dedicated to intentionally celebrating the ‘small’ things that make ‘big’ differences in our lives.
First launched in 2018, the “Style by Zenith 2.0” initiative was created with the objective of supporting and creating value for customers by focusing on various aspects of their lifestyle.
This year, “Style by Zenith 2.0” takes things up a notch with the theme, “Style the Life you Desire”, aimed at encouraging Nigerians to live their best lives and be extraordinary.
The platform seeks to inspire people to be authentic, while showing them that with ordinary talent and extraordinary effort they can thrive and make a real change in this world.
Speaking on the rationale behind “Style by Zenith 2.0”, the Executive Director of Zenith Bank Plc., Dr. Temitope Fasoranti said that, “Banking, for Zenith Bank means going that extra mile to be present in the lives of our customers.
Driven by a culture of excellence and providing cutting edge solutions, the bank is championing this cause to enable individuals and businesses to grow wealth.”
He added that “Beyond providing financial solutions, Zenith Bank Plc seeks to be a reliable partner to her customers, ensuring that they excel on every front. With “Style by Zenith 2.0”, the bank continues in her commitment to empowering individuals and entrepreneurs by celebrating real talents. We will be helping people do what they know how to do best and repositioning them for greater levels of success in their various endeavours.”
This year’s program includes an interesting line up of activities all culminating in the 3-day Lifestyle Fair taking place at the end of 2019. Kicking off the array of activities is the “Style by Zenith 2.0” Fitness Walks being held in conjunction with Mass Medical Missions, a non-profit organization, and Venus Medicare Ltd, a leading Health Management Organisation in the country.
The Fitness Walk will serve as a platform to promote Mission Pink Cruise – a project of Mass Medical Missions supported by Zenith Bank, aimed at taking holistic cancer prevention and health promotion to various communities across the country using Mobile Cancer Centres (MCC) nicknamed Pink Cruises, which is the first of its kind in Nigeria.
Scheduled to hold in August, these Fitness Walks and Cancer Screening exercises will hold in five cities across Nigeria – Lagos, Abuja, Port Harcourt, Kano and Onitsha. Interested individuals are invited to register their participation by visiting the Zenith Bank website at www.zenithbank.com/style.
Aside the fitness walks across the country, there is a whole lot of activities such as conferences, online engagements, and a special event for models that builds on the masterclass held last year, not forgetting the special play arcade and activities designed for children at the fair. The whole gamut of events and activities lined up also come with free medical check-ups like free eye, dental and cancer tests, amongst other special promotions both online and at the events leading to the final crescendo which is the 3-Day Lifestyle Fair.
With initiatives such as these and many more to come, “Style by Zenith 2.0” promises to offer an all-encompassing experience touching on key aspects of the lifestyle of Zenith customers and the public.
The “Style by Zenith 2.0” platform is also a testament to the priority given to SMEs and the retail segment of the market by the bank. Together with her various partners, Zenith Bank will be laying the foundation for a future where individuals and SMEs can live up to their full potentials.
Fashion One, the leading global fashion and lifestyle channel will once again be working with Zenith Bank on the “Style by Zenith 2.0” initiative.
Established in 1990, Zenith Bank Plc is a leading multinational bank providing corporate, business, retail and personal banking services through its network of over 500 branches and business offices, serving millions of customers. The brand is verifiably a leader in the deployment of various channels of banking technology and has become synonymous with the deployment of state-of-the-art technologies in banking.
Dangote Cement ‘bag of goodies promo’ records first star prize winner
Mr Benjamin Igherighe, a Dangote Cement retailer in Abraka, Delta State has emerged as the first grand prize winner of a saloon car in the ongoing Dangote Cement Bag of Goodies scratch and win promo. The car was presented to him at a grand ceremony held in Warri, Delta State on Monday, July 15, 2019.
Speaking at the presentation ceremony, the Group Managing Director, Dangote Cement plc, Engr. Joe Makoju stated that the ongoing promo is aimed at rewarding all consumers and congratulated the winner for becoming the first of many to emerge as the star prize winner in what many describe as the mother of all promos. He further commended consumers for their loyalty to the brand and urged them to keep buying as there are numerous prizes to be won throughout the campaign.
Marketing Director, Dangote Cement, Mrs. Funmi Sanni, in her remarks, stated that the promotion was designed to reward not less than 21 million consumers across the country with amazing prizes including 43 cars, 24 tricycles, 24 motorcycles, 550 refrigerators, 400 television sets, 300,000 Dangote foods goodies packs and recharge cards for all networks worth N200,000,000.
Speaking further on the mode of participation, Mrs. Sanni stated that consumers can participate in the promo by simply buying any of the promo bags of Dangote Cement and locating the scratch card within. The gift item is revealed upon carefully scratching off the silver panel which should be taken to any of the redemption centers across the country from July to September 30, 2019.
The Regional Director, South-South, Mr. Godson Okoro employing the popular parlance, ‘Warri no de carry last’ expressed his excitement about Warri and environs presenting the first grand prize winner in Nigeria, underpinning the position of Dangote Cement brand as the leader within the region.
The grand prize winner, Mr. Igherighe in an emotion-laden voice thanked Chairman, Dangote Cement Plc, Aliko Dangote and the cement company for always giving back to the society.
Giving an insight on how he became a winner, he narrated with excitement how he bought a trailer load of cement from a distributor, Fibo Ventures and in the process of transferring the bags to his store, the off loaders damaged three bags within which he found the winning card. He encouraged other Nigerians to take the promo seriously as he just won a prize for the first time ever.
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