…prays for Dangote for creating jobs Traditional ruler of the Ibeju Lekki area of Lagos state, Oba Olumuyiwa Ogunbekun has urged Nigerians to support the entrepreneurial spirit of the President of Dangote Group, Aliko Dangote, rather than sponsor malicious and false stories about his person and his companies. The Oba urged well-meaning …
Read More »Jumia partners Standard Chartered, Samsung, others to offer consumers exciting deals during Black Friday
Lagos, Nigeria; October 5th, 2020: E-commerce giant, Jumia Nigeria has partnered with Standard Chartered Bank, Samsung, and other brands for the 2020 Black Friday campaign, which is scheduled to begin on Friday, November 6th till 30th, 2020. Other partners include Pernod Ricard, Unilever, Reckitt Benckiser, Intel, Defacto, Umidigi, Michelin, Stanbic …
Read More »Africa’s Tech Giant Arigo Technologies introduces myarigo.com.
Leading technology company which specialises in the marketing,e-commerce and other digital services has announced the introduction of myarigo.com into the tech market. The new digital platform integrates shopping,e-payment, business social and a digital mall that gives entrepreneurs, brands and businesses an identity to be proud of while giving them massive …
Read More »State House Clinic earmarks N1.3bn for 2021 as Senate asks Buhari to stop foreign medical trips
The Senate on Thursday, urged the State House officials to stop President Muhammadu Buhari, from embarking on foreign medical trips by ensuring that the State House clinic becomes fully functional this year. The Senate Committee on Federal Character and Intergovernmental Affairs, gave the charge when the Permanent Secretary of the …
Read More »Afreximbank launches $1.5bn facility for post COVID-19 recovery in Africa
The African Export-Import Bank (Afreximbank) has launched a 1.5 billion-dollar collaborative COVID-19 Pandemic Response Facility (COPREFA) to support African economies with rapid financial assistance to reduce the impact of COVID-19. The collaborators are the pan-African multilateral EXIM bank, International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of the …
Read More »Dangote Refinery debunks online story about death in the refinery
Dangote Refinery debunked an online media report, which stated that a protester was shot and killed by Policemen while protesting at the Refinery on Tuesday. Group Executive Director, Projects and Portfolio Management, Edwin Devakumar, said nobody was killed during the protest and also that the protesters are not employees of …
Read More »Dangote Sugar Refinery records ₦27billion profit in 9 months
Dangote Sugar Refinery (DSR) Plc has recorded a growth in its profit after tax for the nine months ended September 30, 2020, by 81 percent. Details of the results showed that DSR posted revenue of N160.514billion, indicating an increase of 36.6 percent from N117.425 billion in the corresponding period of …
Read More »FG rakes in ₦424.71b from VAT in Q3, 2020
The Federal Government said it earned a total sum of N424.71 billion from Value Added Tax (VAT) in the third quarter of the year (Q3 2020) higher than the N327.20 billion recorded in Q2 as well as the N275.12 billion recorded in Q3 2019. According to the sectoral distribution of …
Read More »Dangote leads NSE gainers’ list as Stanbic is top loser
Dangote led the advancers’ list on Tuesday with its cement product coming first on the gainers’ list of the Nigerian Stock Exchange (NSE). Dangote cement started with ₦160 at the beginning of the day gaining 5.63% at the end of the market with ₦169 per share as market closed with …
Read More »SANWO-OLU APPOINTS BAIYEWU, ADARANIJO, BAMGBOLA, SERIKI, OREKOYA AS CHAIRMAN AND MEMBERS OF LOCAL GOVERNMENT SERVICE COMMISSION
The Lagos State Governor, Mr. Babajide Sanwo-Olu has approved the nomination of a new Chairman and Members of the Lagos State Local Government Service Commission. In a Statement released by the Lagos State Head of Service, Mr. Hakeem Muri-Okunola, stated that Mr. Governor’s approval of the new Nominees, which was …
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