Two leaders in travel come together to open Emirates Wolgan Valley, a Ritz-Carlton Lodge in mid-2026, signifying the global debut of ‘The Ritz-Carlton Lodge’ and a milestone project for New South Wales’ regional luxury tourism Emirates and Marriott International, Inc. (NASDAQ: MAR) have signed an agreement to open Emirates Wolgan …
Read More »Winning AFRIMA ‘Life-Changing’ Say Juma Jux, Folex as Stakeholders Meet in Tanzania
Fresh from their victories at the 9th All Africa Music Awards (AFRIMA) in Lagos, Nigeria, Tanzanian stars Juma Jux and Folex have described the platform as a major driver of global visibility for African creatives, as industry stakeholders met in Dar es Salaam to review the impact of the awards …
Read More »Dangote, NNPC Seal Strategic Gas Supply Agreements
Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing …
Read More »If Capital is the Answer, What Exactly is the Problem with First Holdco?
BY BLAISE UDUNZE The Olayemi Cardoso-led Central Bank of Nigeria’s 24-month compliance timeline for the recapitalization of Nigeria’s banking system is about to conclude on March 31, 2026, which is framed as an unavoidable solution to systemic fragility, weak balance sheets, and the demands of a larger, more complex …
Read More »FIRST HOLDCO PLC – TAKING THE BULL BY THE HORN WITH A RECORD IMPAIRMENT CHARGE; GROWS GROSS EARNINGS TO N3.4 TRILLION FOR THE UNAUDITED FULL YEAR ENDED DECEMBER 31, 2025.
First HoldCo Plc has announced its unaudited financial results for the year ended 31 December 2025, reflecting a year of deliberate strategic actions aimed at strengthening its balance sheet, improving asset quality, and positioning the business for more resilient and sustainable growth amidst successful capital raise activities. As stated in …
Read More »WEMA BANK LAUNCHES “EVOLUTION OF LOVE” CAMPAIGN FOR VALENTINE’S DAY
…Offers celebrity performance for newly-weds and other gifts for singles, friends and couples* . Following the launch of “ALAT: The Evolution”, Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has launched its 2026 Valentine’s campaign tagged “Evolution of Love, powered by …
Read More »Three arrested in Kano over fake N75m bank alert for car purchase
The Kano State Police Command says it has arrested three suspects over the alleged purchase of a luxury vehicle using a fake bank transfer alert. The arrests were disclosed in a statement issued by Abdullahi Kiyawa, police spokesperson, on Friday. “Operatives of its Special Intervention Squad apprehended Ibrahim Tijjani, Jamilu …
Read More »Dangote, China’s XCMG Seal Strategic Partnership on Infrastructure, Mining and Green Equipment
The Pan-Africa Conglomerate, Dangote Industries Limited has entered into a strategic cooperation agreement with XCMG Construction Machinery Co. Ltd, one of China’s leading construction and mining equipment manufacturers, in a move aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa. Under the agreement, the two companies …
Read More »EFCC charges Muyiwa Akinyemi, Amangbo Stephen, 3 others over N4.3bn fraud
The Economic and Financial Crimes Commission (EFCC) has charged a commercial bank and four other defendants at the Ikeja Special Offences Court, Lagos over alleged a ₦4.3 billion fraud. The other defendants named in the charge include Muyiwa Akinyemi, Amangbo Stephen, Gesos Global Service Limited, and Fedat Global Limited. When …
Read More »Dangote Refinery Affirms Capacity to Supply 75m Litres of PMS, 25m Litres of Diesel, 20m Litres of Jet Fuel Daily
Dangote Petroleum Refinery has reaffirmed its capacity to supply fuel volumes significantly more than Nigeria’s estimated domestic consumption. The refinery said it can supply 75 million litres of Premium Motor Spirit (PMS) daily against an estimated national consumption of 50 million litres, alongside 25 million litres of Automotive Gas Oil …
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