Dangote Refinery breaks barrier, produces petrol Dangote refinery broke barrier today as its 650, 000 barrels per day capacity refinery rolled out premium motor spirit (pms), otherwise known as petrol, from its factory. The feat elicited celebrations and palpable excitements among the people who gathered in Lekki area[Read More…]
Breaking: NNPC increases fuel pump price to N897 per litre The Nigerian National Petroleum Corporation, NNPC, Limited has increased its pump price of fuel from N617 per litre to N897 per litre. The increment is coming two days after the company lamented it was owing petrol suppliers N6trillion. The[Read More…]
UBA Summit: Experts stress importance of innovation for business growth Experts at the quarterly Business Series of United Bank for Africa on Thursday highlighted innovation, persistence and regular assessment as key factors in building a business that lasts. The special edition of the Business Series, which is part of activities[Read More…]
Fidelity Bank Trains 1,276 Women in Digital and AI Skills As part of its commitment to empower women with relevant entrepreneurship skills, leading financial institution, Fidelity Bank Plc, partnered with ImpactHER to host another round of free digital and Artificial Intelligence (AI) skills training for businesswomen. The training,[Read More…]
As foreign exchange debt continues to mount for Nigeria’s foremost brewing company, the Nigerian Breweries Plc, the Nigerian Exchange Limited (NGX), has approved a rights Issue of N600 billion to tackle the problem. The NBL Plc, the largest brewer in the country, plans to offer 22,607,491,232 ordinary shares[Read More…]
AMCON to sell Ibadan DisCo Assets Management Corporation of Nigeria (AMCON) says it plans to sell the loss making Ibadan Electricity Distribution Company (IBEDC) to more efficient investors capable of turning the entity around. AMCON Managing Director/Chief Executive Officer, Gbenga Alade, disclosed this at an interactive session with[Read More…]
Nigeria’s GDP rises by 3.1%, NBS Nigeria’s Gross Domestic Product (GDP) grew by 3.1 % for the second quarter of 2024, National Bureau of Statistics (NBS) disclosed this in its report on Monday. In its Q2 2024 report, the Bureau said Nigeria’s GDP rose year-on-year in real terms[Read More…]
Dangote Refinery to commence petrol production in September Dangote’s 650, 000 barrels per day refinery located in the Lekki area of Lagos State will finally begin the production of premium motor spirit (pms) by next month. The Dangote refinery which is the World’s largest single-train facility of its type, has[Read More…]
NIA Boss, Ahmed Abubakar, Resigns Director-General of the National Intelligence Agency (NIA), Ahmed Abubakar, has tendered his resignation to president Bola Tinubu. Abubakar was appointed in 2018 by former President Muhammadu Buhari. He was reappointed in December 2021.
1,500 Osun Residents Benefit from Fidelity Food Bank Outreach Over 1,500 residents made up of women, children, widows, and the elderly have benefited from the one-day feeding program organized by Fidelity Bank in Osun State. The food bank project was held at St. Benedict Catholic Church, Osogbo, Osun[Read More…]
