This development comes as Dangote navigates a dispute with a key equity partner and ongoing regulatory issues in Nigeria. Aliko Dangote, Africa’s wealthiest individual, is considering a sale of his oil refinery to the Nigerian National Petroleum Company Limited (NNPCL). The refinery, which has a capacity of 650,000 barrels per …
Read More »ECU Worldwide joins hands with SIFAX Shipping Company to launch first LCL consolidation service in Nigeria
Offers global market access to small and medium-sized businesses First shipping from Apapa Port to Antwerp Hub scheduled on August 6, 2024 22nd July, 2024: ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary and a leader in LCL consolidation, has partnered with SIFAX Shipping Company Limited, a subsidiary of SIFAX Group, to introduce …
Read More »ZENITH BANK RETAINS TOP SPOT AS NIGERIA’S NUMBER ONE BANK BY TIER-1 CAPITAL FOR FIFTEEN YEARS IN THE 2024 TOP 1000 WORLD BANKS’ RANKING
For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank Plc as the 565th Bank globally with a Tier-1 Capital …
Read More »Dangote: Our Refinery is having repeated orders from abroad
…Urges National Assembly to test all available products from Standard laboratory to disclaim NMDPRA’s assertions President of Dangote Group, Aliko Dangote, over the weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all those who have purchased same since the commencement of production. …
Read More »Dangote challenges NMDPRA, tests diesel in the presence of House Reps leadership
says “Our diesel is the best in Nigeria, meets international standard “ … lab test reveals 88ppm sulphur content in Dangote’s diesel, over 1,800ppm in imported diesel … Speaker commends state-of-the-art technology; assures Dangote of NA’s support President of Dangote Group, Aliko Dangote, has asserted that products refined at the Dangote Petroleum …
Read More »WITH GIANTS CAMPAIGN, FIRSTBANK IS TRULY WOVEN INTO THE FABRIC OF SOCIETY
The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and outside Nigeria. In its usual creative conjecture, 13O-year-old FirstBank, has …
Read More »AI Ignite Africa to Host Groundbreaking Summit on AI in Marketing, Communications, and Content Creation in Lagos
The AI & the Content, Marketing & Communications Revolution in Africa Summit is set to take place on July 26, 2024, at The Landmark Centre, Victoria Island, Lagos by 11 AM. This groundbreaking event hosted by AI Africa in collaboration with Global Tech Africa will bring together industry leaders, marketing …
Read More »Nigeria records 22 building collapse, 33 deaths in seven months – COREN
The Council for the Regulation of Engineering in Nigeria, COREN, has said Nigeria recorded 22 building collapses between January and July 2024. The President of COREN, Prof Sadiq Abubakar, disclosed this at a news conference on Wednesday in Abuja. The news conference is themed, “The Incessant Spate of Building Collapse …
Read More »110,000 Nigerian students to get credit alert next week – NELFUND
The Nigerian Education Loan Fund has said 110,000 successful beneficiaries of the student loan scheme will start receiving credit alerts from next week following President Bola Tinubu’s official launch of disbursement. NELFUND Managing Director, Akintunde Sawyerr disclosed on Wednesday in an Interview with Channels Television. His update comes after President …
Read More »Over N3tn Liabilities Pending As AMCON Recovers N2tn From Bank Debtors
Since the creation of the Asset Management Corporation of Nigeria on July 29, 2010 about N1.96tn has been recovered from debtors of banks with toxic assets. The Managing Director of AMCON, Gbenga Alade said this when the Chairman, House of Representatives Committee on Banking and Other Ancillary Institutions, Hon. Eze …
Read More »
DailyrecordNg …Nigeria's hottest news blog