Wednesday, July 30, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home BANKING

Fidelity Bank Supports Temile Development Company to Boost Nigeria’s Gas Revenue

The vessel will bolster the local participation of indigenous maritime players, improve the logistics of LPG supply and increase the availability of LPG for the Nigerian last-mile users

Newsroom Nigeria by Newsroom Nigeria
January 31, 2024
in BANKING
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier.

Named ‘Alfred Temile 10’, the vessel was part-financed by leading Nigerian bank -Fidelity Bank Plc- and was commissioned at the Hyundai Mipo Dockyard in Ulsan, South Korea. Dignitaries at the event included the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPC), Mallam Mele Kyari,OFR; Managing Director/Chief Executive Officer, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe,OON; Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Luke Ekpo; the Charge D’Affairs Ad Interim of the Embassy of Nigeria in South Korea, Ambassador Ferdinand Nwonye; Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe; amongst others.

Related posts

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

FirstBank Retains Top Spot as Nigeria’s Best Bank for ESG At 2025 Euromoney Awards  

July 30, 2025
Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest

Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest

July 22, 2025

Commending the company on the laudable development, Mallam Mele Kyari said, “I want to congratulate Mr. Alfred for the great feat you have achieved on behalf of our country and we understand that today clean energy is everything because the whole world is transiting to cleaner fuel. In our country, biomass is the major source of energy, and I know that the efforts we are making collectively and with this effort by Temile Group will enhance that ability to produce cleaner energy in our country.”

On her own part, Dr Nneka Onyeali-Ikpe,OON said, “This commissioning is a landmark achievement for Nigeria as the vessel would further support the nation’s drive to utilize cleaner energy sources especially as the world transitions to environmental-friendly energy options. Fidelity Bank is delighted to facilitate this transaction and we congratulate our amiable customer -Mr. Alfred Temile- as well as the good people of Nigeria on this feat.” It was noted that this was the second of its kind being part-financed by the Bank and further underscores its support for the industry.

An elated Mr. Alfred Temile, the CEO of Temile Development Company, expressed heartfelt appreciation for the collaboration and strong support received from NNPC Ltd and other stakeholders throughout the project’s journey.

The vessel will bolster the local participation of indigenous maritime players, improve the logistics of LPG supply and increase the availability of LPG for the Nigerian last-mile users. This will contribute to the growth of Nigeria’s domestic gas industry while demonstrating the dedication and increasing capabilities of indigenous Nigerian companies in the oil and gas sector.

It will be recalled that Fidelity Bank Plc also part-financed the development of the recently launched Pinnacle Oil and Gas Terminal in Lagos as part of efforts to improve energy security in the country.

Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank with over 8 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels.

The bank has won multiple local and international awards including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards; Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023; and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

ShareTweetSendShareShare
Previous Post

Viewpoint: Still on Agunloye, Mambilla, and EFCC

Next Post

PROMINENT NIGERIANS SET FOR SIJU ILUYOMADE’S  DIAMOND BIRTHDAY CELEBRATION

Related Posts

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS
BANKING

FirstBank Retains Top Spot as Nigeria’s Best Bank for ESG At 2025 Euromoney Awards  

July 30, 2025
Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest
BANKING

Polaris Bank Empowers, Impact over 3000 Youths in Ajegunle Community at 2025 Maracana Children’s Fest

July 22, 2025
ZENITH BANK NAMED NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025
BANKING

ZENITH BANK NAMED NIGERIA’S BEST BANK AT EUROMONEY AWARDS FOR EXCELLENCE 2025

July 21, 2025
Polaris Bank Empowers Over 500 Journalists on Modern Trends in Journalism
BANKING

Polaris Bank Empowers Over 500 Journalists on Modern Trends in Journalism

July 21, 2025
FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS
BANKING

FIRSTBANK MARKS SIGNIFICANT MILESTONE: ₦1 TRILLION IN INSTANT DIGITAL LOAN DISBURSEMENTS

July 18, 2025
Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025
BANKING

Wema Bank’s Digital Bank, ALAT, Emerges Nigeria’s Best Digital Bank at Euromoney Awards 2025

July 18, 2025
Next Post

PROMINENT NIGERIANS SET FOR SIJU ILUYOMADE'S  DIAMOND BIRTHDAY CELEBRATION

RECOMMENDED NEWS

Breaking: Court Jails Mama Boko Haram

1 year ago

Court Orders Forfeiture Of Emefiele’s Properties in Lagos, Cash Warehoused in Three Banks

1 year ago

REVEALED: Corps Member Found Dead In Abuja Was Killed By Jealous Rival

3 years ago

ALHAJI LATEEF AMOLEGBE AT 70: A CEASELESS FLOW OF TRIBUTE

2 years ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • TINUBU MEETS CHAIRMEN OF GENCOS, PLEDGES TO RESOLVE LONGSTANDING DEBT CLAIMS

    TINUBU MEETS CHAIRMEN OF GENCOS, PLEDGES TO RESOLVE LONGSTANDING DEBT CLAIMS

    0 shares
    Share 0 Tweet 0
  • MISSION X: TINUBU CONGRATULATES SUPER FALCONS ON WAFCON VICTORY

    0 shares
    Share 0 Tweet 0
  • “Feel the Pain, But Never Stop” — Dr. Bisi Oni Speaks on Purpose, Persistence, and Earning a PhD at 61

    0 shares
    Share 0 Tweet 0
  • EFCC Raises Public Alert on New Fraudulent Promo Scam

    0 shares
    Share 0 Tweet 0
  • Professor Nentawe Yilwatda Elected Unanimously As New APC Chairman

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.