Business

For its excellence in corporate transparency and governance, Dangote Cement Plc has been honoured as the Platinum winner of the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX REGCO)’s Corporate Reporting Award for the financial year ending 2023. Organised by ICAN-NGX REGCO, the event was meant to celebrate excellence in corporate transparency and governance. It was …

  The Nigeria Union of Journalists (NUJ), Lagos State Council has commended Dangote Refinery for its consistency in the price reduction of Premium Motor Spirit (PMS) otherwise known as petrol. Reacting to the latest reduction in the ex-gantry loading cost of PMS from ₦880 per litre to ₦865, the Chairman, …

By Abiodun Alade Aliko Dangote, Africa’s wealthiest individual, has fundamentally reshaped the continent’s industrial landscape. As a visionary entrepreneur and philanthropist, Dangote has skilfully combined ambition and innovation to transform vast stretches of land—once considered uninhabitable bush paths and hunting grounds—into thriving industrial cities. His work has created thousands of …

The Founder and Chief Executive Officer of Small-Scale Enterprise (SSE Lab), Adesola Jimmy-Eboma, has launched the Manufacturing Business Accelerator (MBA) Program Cohort 2 to support aspiring and emerging African entrepreneurs across Nigeria and beyond. The MBA program which stands as one of the flagship initiatives of the Small-Scale Enterprises Lab …

The Nigeria Inter-Bank Settlement System PLC (NIBSS) is reeling from a massive system glitch that has left it vulnerable to unauthorized withdrawals amounting to a staggering sum of N4,190,101,636 (over N4 Billion). Online fitness The company, which operates as the central mechanism for clearing and settling interbank transfers, has urgently …

Archlight Nigeria Limited has strongly denied the misleading and unfounded claims recently made by 86 Gardens Limited in a court filing seeking to interfere with the legitimate ownership and transfer of shares in the Ibadan Electricity Distribution Company (IBEDC).   In a statement released by the company’s legal consultant, Jesuyemisi …

Shipowners in Nigeria have called for the prosecution of officials of the Nigerian Maritime Administration and Safety Agency (NIMASA) over the failed 50 billion floating dock project. This call follows years of inactivity and mounting concerns about the dock’s operational status which has remained idle for years despite huge investments …

  The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, has been admitted to the prestigious Freedom of the City of London in a distinguished ceremony which held at the Mansion House, City of London on Monday, April 7th, 2025. This prestigious accolade is a testament to Mr. …

The Enugu Chamber of Commerce, Industries, Mines, and Agriculture (ECCIMA) has applauded the contributions of the Pan African Conglomerate, Dangote Industries Ltd to the growth of Nigeria’s economy and general Arica’s development. Deputy President of ECCIMA, Mr. Eric Chime, speaking at Dangote Group Special Day at the ongoing 2025 Enugu International Trade Fair said the …

… ‘Award Will Help Sustain Our Efforts’ President of the Dangote Group, Aliko Dangote, has been named Person of the Year, even as he advocated a collaboration between the public and the private sector to help resolve Nigeria’s economic conundrum. Speaking at the 17th edition of the Leadership Annual Conference and …