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Onyinyechukwu Ugwoke

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Articles

Moniepoint appoints former Stanbic IBTC CFO as new CFO

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By Okafor Vivian, Erhuvwu Etarhienyo, Onyinyechukwu Ugwoke
| nigerianobservernews.com
Few days after raising $110 million through partnership with various companies, Moniepoint Microfinance Bank, one of the largest Fintech banks, announced the appointment of Bayo Olujobi, former member of Standard Bank Group, as its Chief Financial Officer to strengthen the bank’s financial operations and support their long-term goals.
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Nigeria records significant decline in road crashes in Q2 2024

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By Onyinyechukwu Ugwoke, James Ogbomo, Laju Uwanikone
| nigerianobservernews.com
The National Bureau of Statistics (NBS) has released its Q2 2024 road transport data, indicating a notable decrease in road crashes. Compared to Q1 2024, road crashes declined by 9.69 percent, from 2,662 to 2,407. This represents an 18.96 percent fall from Q2 2023, which recorded 2,967 crashes.
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Chevron expands exploration in Nigeria, Angola to boost production

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By Erhuvwu Etarhienyo, Onyinyechukwu Ugwoke, James Ogbomo
| nigerianobservernews.com
Chevron has announced its intention to increase exploration acreage in Nigeria and Angola, aiming to boost production after years of decline in both countries. The company announced plans to expand its exploration acreage in African oil-producing countries, including Nigeria and Angola, where it sees opportunities for production growth despite years of decline, this was disclosed by Liz Schwarze in an interview with Bloomberg.
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