Business

…First Refinery In The World to Attain This Feat The Dangote Petroleum Refinery has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation Unit (CDU) and Motor Spirit (MS) production block. Both units are now running at optimal performance, further strengthening the steady‑state operations …

Ogun State Government has lauded the roles being played by the Pan-Africa conglomerate, Dangote Industries Limited (DIL) as a strategic partner in the industrial and economic development of the state through investments. The state governor, Dapo Abiodun praised Dangote Group during the opening ceremony of the ongoing 15th 20266 Gateway International …

Unity Bank Plc has announced winners in the 27th edition of its flagship Entrepreneurship Development Initiative, also known as Corpreneurship Challenge, following the conclusion of Business Pitch at the Batch C, Stream 2 edition of the National Youth Service Corps (NYSC) orientation programme held across 10 states of the federation. …

  Leading financial institution, Fidelity Bank Plc, has demonstrated its unwavering commitment to enhancing the lives and wellbeing of indigent persons with the donation of relief items to inmates at the Ikoyi Correctional Centre in Lagos.       The project, executed under the bank’s Corporate Social Responsibility (CSR) initiative …

Cape Town, South Africa Founder and Executive Chairman of BUA Group, Abdul Samad Rabiu CFR CON, has called for a decisive shift in Africa’s development strategy, urging governments, financiers, and the private sector to move the continent from raw material extraction to large scale industrial processing and value addition. Rabiu …

  Africa’s richest man, Aliko Dangote, paid a brief but strategically significant visit to Burundi, where he explored new investment opportunities and cemented plans to expand the Dangote Group’s presence across the continent. The visit included high‑level talks with President Evariste Ndayishimiye at the presidential palace. Accompanied by former Nigerian …

Dangote Petroleum Refinery has issued a firm clarification in response to recent publications attributed to S&P Global, stating that the reports misrepresent its operations and create a misleading picture of Nigeria’s refining landscape. The company categorically refutes claims, amplified through certain newspaper adverts on Monday, February 9, 2026, suggesting that …

Filed through his counsel, Barrister Olalekan Ogunbunmi, the suit challenges Opay Digital Service Limited’s decision to place a restriction on King’s account without what he described as lawful authority. Customer has sued Opay over alleged illegal account freeze and claimed action led to father’s death. NewsOnline Nigeria reports that a …

  Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has been recognised as one of Nigeria’s top-performing insurers, winning the Life Insurance category at the 2025 Risk Analyst Insurance Brokers Performance Review Awards. The award is part of Risk Analyst Insurance Brokers Limited’s annual assessment of insurance underwriters, which …

Ports and Cargo Handling Services Limited, a subsidiary of SIFAX Group, has said its strategic decision of refocusing its business primarily on general cargo and break-bulk handling was responsible for its operational rebound in 2025. The improved performance follows a strategic repositioning of the terminal after a challenging 2024 where …