In a groundbreaking endeavour, a 14-year-old Nigerian art sensation, Kanyeyachukwu Tagbo-Okeke (Kanye) is attempting to set a new GUINNESS WORLD RECORDS™ for the largest artwork on canvas, measuring 10,000 square feet. The current world record is by an artist in Qatar, which measures 9,652 square meters. The project, titled “Impossibility …
Read More »Rating: GCR affirms Dangote Industries Limited AA+(NG)/ A1+(NG)
· strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of …
Read More »ESG: FIRSTBANK WINS 2024 EUROMONEY AWARD FOR NIGERIA’S BEST BANK
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in Environmental, Social, and Governance (ESG), reinforcing its position as a leader in sustainable banking and finance practices in its 130 years of existence. Following …
Read More »Nestlé Nigeria Invests Over 6 billion Naira in Youth Empowerment and Skill Development
Nestlé Nigeria underscored its commitment to youth empowerment and skill development at the recent graduation ceremony of ten young trainees from its Technical Training Centre (TTC) in Agbara. Since the program’s inception in 2011, the company has invested over six billion naira in upskilling young Nigerians, demonstrating its dedication …
Read More »Dangote Cement: Pan-African revenue for half-year grows by 139.9%
Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by 139.9 per cent, growing to N807.1 billion as against N336.4 billion, reported in the corresponding period of 2023. The …
Read More »DANGOTE REFINERY: CIVIL SOCIETIES TO MONITOR CRUDE SALES COMPLIANCE BY NNPCL
…To set up Situation room in Abuja A coalition of Civil Society Organizations (CSO) at the weekend said it would set up a situation room to monitor the compliance of the Nigeria National Petroleum Corporation Limited (NNPCL) to the presidential directive to sell crude oil to Dangote Refinery in Naira …
Read More »It’s fake news! New PenCom DG, Omolola Oloworaran, not sacked by First Bank
Contrary to the reports making the rounds by some online news blogs that Omolola Oloworaran, the newly appointed acting director-general of the National Pension Commission (PenCom), was sacked by First Bank of Nigeria, her former employee, findings revealed that it is fake news. Some news blogs had reported that Mrs. …
Read More »Stanbic IBTC Bank Nigeria PMI: Business activity falls for first time in eight months
The Nigerian private sector moved back into contraction territory in July as steep price pressures hit demand and resulted in renewed reductions in both business activity and new orders. Input costs and selling prices continued to rise rapidly, although there were some signs that efforts to secure sales resulted in …
Read More »UBA Ranked Most Visited Banking Website in Nigeria Ahead of GTB, Zenith, Others
Due to the availability of online banking, certain banks have seen a growth in their digital channels Semrush data shows that the UBA is ranked number one, with 2.36 million visits in June 2024. In June, Paystack customers accounted for 2.23 million visits, making them the second-highest visitors. Some banks …
Read More »NIGERIAN STUDENTS PASS VOTE OF CONFIDENCE ON DANGOTE REFINERY
Students across tertiary institutions in the country under the aegis of National Association of Nigerian Students (NANS) have passed a vote of confidence on the Dangote Refinery describing the recent demarketing of the world’s largest single train refinery by the Nigeria National Petroleum Corporation Limited (NNPCL) as the greatest disservice …
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