Business
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Aliko Dangote to Dedicate One-Third of Fortune to Charity, Daughter Reveals
Africa’s wealthiest individual, Aliko Dangote, has structured his long-term estate and succession plan to commit one-third (33 per cent) of…
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Dangote Refinery completes landmark $2.5billion private Equity Placement
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion…
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Equities market surges 2.27%, investors gain N3.45trn gain
The Nigerian stock market sustained its bullish rally on Tuesday as investors gained N3.450 trillion, driven by renewed buying interest…
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NNPC signs six strategic gas deals to boost industrialisation, energy security
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed six strategic agreements with key industry partners to deepen gas…
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Elumelu to Retire as UBA Group Chairman, Nnorom Named Successor
United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony O. Elumelu, CFR, will retire from the…
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Dangote Refinery reduces fuel price for the fourth time in four weeks
The Dangote refinery reduced fuel prices for the fourth time within a month as crude oil prices eased. The recent…
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Dangote targets 2.1mbpd refining capacity in Nigeria, Kenya
Dangote Industries Limited has unveiled plans to increase its combined refining capacity to 2.1 million barrels per day across Nigeria…
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MSMEs account for 90% of businesses, 60 million jobs in Nigeria – Shettima
Vice President Kashim Shettima says Micro, Small and Medium Enterprises (MSMEs) account for 90 per cent of all businesses and over…
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Ikeja Electric appoints Onyelucheya acting CEO
Ikeja Electric has appointed Mrs Ogochukwu Onyelucheya as its Acting Chief Executive Officer, effective July 1. The company…
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Dangote Refinery partner, MRS reduces fuel pump price
Dangote Refinery backed MRS filling station has reduced the pump price of its premium motor spirit, PMS . On Friday…
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