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NNPC destroys 134 Illegal Refineries Recently

A destroyed refinery  By Favour Ifeoluwa & Akinola Ajibade  The Nigerian National Petroleum Company Limited( NNPCL) says it has destroyed 134 illegal refineries in the last few weeks.  Also, the company said  63 illegal pipeline connections were uncovered during the the weeks .  The corporation, In a visual report, stated that at about 2 am on Sunday, a joint team of security agents discovered a large wooden boat illicitly loading stolen crude oil from Barge AGS01 within the OML 18 operating area, noted intelligence report a large wooden wooden boat was caught receiving crude oil from the barge.  According to the state-owned oil firm, while the barge was towed away with a tugboat in custody, five speedboats used in towing the large wooden boat to the illegal loading site were also detained and the particulars of the tugboats and barge used for the operation were reportedly seized for further investigation.  It further said that two large boats, which involve
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'Bad economy forces banks to cut down operational hours'


By Akinola Ajibade


Nigeria's spiralling inflationary rates, high cost of energy and exchange rates have combined together to impact on banking operations in the country, it was learnt. 

The situation is so bad that, according to reliable sources, that banks are reducing their work hours, a development, which ultimately may lead to job's cut in the industry.

One of the banks, Access Bank, in a notification titled ‘Adjusted Closing Time for Select Branches’ to its esteemed customers has listed 83 branches in different states where its shut doors to customers at 3 pm instead of 4 pm.

The bank urged customers to consider processing most of their transactions via its digital channels.

“You can simply process most of your transactions via our digital channels, as a few of our Access Bank branches nationwide will be closed at 3 pm from the 29th of August, 2022,” the bank stated.

The bank said, while some of its branches will continue to operate between 8 am and 4 pm, its electronic channels would be open to customers 24 hours every day.

Besides,United Bank for Africa Plc,has also unveiled plans to adjust work hours in some of its branches to ensure the well-being of employees and customers alike.

The bank stated this in a notification titled ‘Notice of Bank Closure,’ sent to its customers,said: “Dear customer, please be informed that some of our branches will now close earlier for the safety of our customers and employees. Our digital channels will remain available to you 24/7.”

GTCO and FirstBank and some others took such measures early in the year

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