Business

  The Dangote Petroleum Refinery is currently importing crude oil and expects its first crude cargo in two weeks’ time, the Executive Director, Dangote Group, Devakumar Edwin, has revealed. Although the Nigerian National Petroleum Company Limited trades crude oil on behalf of Nigeria, Edwin in an interview with S&P Global …

Globacom has commended the resilience and enterprise of athletics sensation, Tobi Amusan, who last Sunday won another Diamond League championship in 100 metres hurdles.   Amusan, a Glo brand ambassador, won the race in12.33 seconds in Oregon, United States, her third consecutive victory in the competition. She first won  the race in 2021in 12.42 …

P+ Measurement Services, a leading Media Intelligence Consultancy, is excited to unveil the anticipated 24th edition of #EvaluatePR. This landmark event, held quarterly, will take place virtually on September 22nd, 2023, from 12:00 to 1:30 pm (West African Time). Designed to foster enriching discussions, offer invaluable insights, and keep industry …

Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of the Hackaholics Digital Summit 2023, Africa’s largest gathering of innovators, disruptors, regulators, policymakers, investors & customers in the digital space. This groundbreaking summit will serve as a hub for sharing …

The trapped funds belonging to foreign airlines operating in Nigeria has been reduced from $812.2m in April to $783m in August. The International Air Transport Association said the funds belonging to foreign airlines, which had been trapped in the Central Bank of Nigeria had reduced to $783m as of August …

ExxonMobil President of Global Upstream Operations, Liam Mallon, has assured President Bola Tinubu of the oil giant’s commitment to expand its footprints in Africa’s biggest oil producer. Mallon said at a meeting with Tinubu in New York that ExxonMobil would reach a new production of nearly 40,000bpd in its Nigerian …

The Nigerian National Petroleum Company Limited in line with its status as a Company and Allied Matters Act Company has executed the retirement of three Executive Vice Presidents that would have been due for retirement in 2024. Those affected by the retirement are the Executive Vice President, Gas, Power and …

Akinwumi Adesina African Development Bank (AfDB) President,  Akinwumi Adesina has called on Korean investors to seize untapped investment opportunities in Africa, especially in the energy and agriculture sectors. Adesina, in a statement on the Bank’s website said the African continent could not be ignored by investors. He spoke at a …

COREN identifies universities running engineering programmes with expired or totally without accreditation across Nigeria. The Council for the Regulation of Engineering in Nigeria (COREN) has identified universities running engineering programmes with expired or totally without accreditation across Nigeria. COREN warned the affected universities that they will be blacklisted as non-accredited …

The Federal Government through the Ministry of Transportation has revealed plans to improve the welfare of the staff of the Nigerian Railway Corporation and to foster better working conditions. The Minister of Transportation, Sa’idu Alkali, who made the disclosure recently during a familiarisation visit to the NRC’s Headquarters in Ebute-Meta, …