Business

The Abuja Chamber of Commerce and Industry (ACCI) has described the Dangote Petroleum Refinery and Petrochemicals (DPRP) as a sovereign investment, and more than a petroleum refinery, saying the facility represents a major industrial platform capable of transforming Nigeria’s energy, trade and investment landscape. Speaking to newsmen on the sideline …

September data signalled strengthening growth momentum in Nigeria’s private sector as a rapid rise in new orders spurred the fastest increase in business activity since February 2022. With workloads rising, companies ramped up purchasing activity and took on extra staff, although employment rose only modestly. Meanwhile, inflationary pressures were also …

…Foundation Engages Campus Journalists on IPO University students across Nigeria have welcomed the Aliko Dangote Foundation’s Student Share Grant Initiative, describing it as a unique opportunity to participate in wealth creation and gain practical investment experience through the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE …

Aliko Dangote Foundation (“ADF”) has announced the launch of its Student Share Grant Initiative, a financial inclusion and investor education initiative designed to encourage a culture of saving, responsible investing and long-term asset ownership among young Nigerians. The Initiative is open to students aged 18 years and above enrolled in …

  Dangote Petroleum Refinery has achieved a significant operational milestone, recording an average capacity utilization of 105.21 percent in August 2026, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The 700,000 barrels-per-day refinery processed an average of 736,470 barrels of crude oil per day …

Africa’s most influential telecommunications companies and sovereign investment institutions are operating in an increasingly complex environment where financial performance, regulatory scrutiny, public trust and institutional reputation are becoming difficult to separate. Against this backdrop, Africa Reputation Pulse (ARP) has released two new intelligence dossiers examining the reputation landscape surrounding some …

  Investor confidence in the Dangote Petroleum Refinery IPO continues to strengthen following projections that Dangote Group is on course to generate approximately $36 billion in revenue in 2026, driven by robust performance across its diversified industrial businesses and ambitious expansion plans across Africa. The positive market sentiment has been …

  As part of its commitment to supporting vulnerable communities and boosting food security across Nigeria, Fidelity Bank Plc has distributed essential food supplies to more than 2,500 beneficiaries across eight communities in Uromi, Irrua, Edo State, under its Fidelity Food Bank initiative. The intervention, held at the Uromi Town …

                                 …….. Reports Profit Before Tax of ₦603.03billion, Pays Interim Dividend of ₦1   Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2026, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). …

…Dedicates Honour to Drivers, Safety Professionals and Industry Stakeholders   Dangote Cement Transport has been honoured with the Champion of Transport Industry Development Award by the Transport Correspondents Association of Nigeria (TCAN) in recognition of the company’s contributions to advancing road transport operations, safety standards and logistics efficiency in Nigeria. …