Business

……FCT Minister, Kogi Gov applaud ADF   The Federal Capital Territory(FCT) Abuja and the Kogi State Government have received food donation from the Aliko Dangote Foundation (ADF), as part of the N16 billion Annual National Food Intervention programme launched last month. Speaking at the flag off Tuesday in Abuja, Senior …

I have read a number of compelling accounts that depict the unfortunate state of Nigeria’s oil sector, but none does so with as much piercing clarity as ‘Very Bad People’ by Patrick Alley. This non-fiction work explores how powerful individuals and corporations have systematically exploited vulnerable nations for profit, often with devastating …

Dangote Petroleum Refinery is pleased to announce a reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N865 to N835, effective from Wednesday, 16th April 2025. This marks the second price reduction within a week. High-quality Dangote petrol will now be available at the …

Stanbic IBTC Bank ignites a nationwide conversation with the launch of its latest thematic campaign, ‘There is Possible, Then There is More.’ Anchored by a compelling open letter to Nigeria’s CEOs, the initiative challenges business leaders and innovators to transcend current horizons, fostering a mindset of amplified possibility, sustained growth, and …

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 …