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Category Archives: Business

Rite Foods’ MD, Seleem Adegunwa, Engendered Business Growth as Ogun State MAN Chairman, Hands Over to Successor

The Managing Director of Rite Foods, Mr. Seleem Adegunwa, the outgoing chairman of the Ogun State Chapter of the Manufacturers Association of Nigeria (MAN), who is highly reputed for his visionary leadership qualities has created the enabling business environment for the growth trajectory experienced by organisations in the various industries that constitute the Association for a viable economy. Adegunwa, who ... Read More »

Economy: Dangote Petrochemical Plant to Position Nigeria as Polypropylene Hub in Africa

The Dangote’s $2 billion Petrochemical Plant located in Lagos when fully operational will position Nigeria as one of Africa’s largest petrochemicals hubs and boost non-oil export earnings for the country, according to the Dangote Group President, Aliko Dangote. The 900,000 metric tons per annum capacity Plant, which is being built alongside the 650,000 barrels per day Dangote Petroleum Refinery will ... Read More »

Union Bank partners JAN to impact over 300 girls

As part of Junior Achievement Nigeria’s vision of inspiring and preparing the youth to succeed in a global economy and in alignment with Union Bank’s corporate sustainability impact strategy, the Bank in partnership with Junior Achievement Nigeria is set to implement the annual Leadership, Empowerment, Achievement and Development (LEAD) Camp for girls. The LEAD Camp which kicks off July 25th, ... Read More »

DUCHESS HOSPITAL, IKEJA IS VERY AFFORDABLE, COSTS N5000 TO SEE A DOCTOR” says CEO

The Chief Executive Officer of Duchess International Hospital, Dr Adetokunbo Shitta-Bey has stated that the Duchess Hospital’s main priority is access to affordable world-class healthcare hence with as little as N5000 you can register as a patient and see a doctor for consultation. Speaking as a guest on Arise TV The Morning Show this week against the backdrop of the ... Read More »

UN Commends Sterling One Foundation on the Africa Social Impact Summit

Abuja, Nigeria, July 18, 2022: The United Nations Resident and Humanitarian Coordinator, Nigeria Mr. Matthias Schmale, has commended the Sterling One Foundation for creating a convening to accelerate growth towards the 2030 Sustainable Development Goals across Africa. This was shared during the 2-day hybrid event held on July 13-14, 2022, at the prestigious Transcorp Hilton Hotel Abuja which had about ... Read More »

DANGOTE INDUSTRIES COMPLETES ISSUANCE OF ₦187.6BN SERIES 1 FIXED RATE SENIOR UNSECURED BOND, MARKING NIGERIA’S LARGEST CORPORATE BOND ISSUANCE

Dangote Industries Limited (“DIL” or the “Group”), one of the leading, diversified and fully integrated conglomerate in Nigeria and Africa, is pleased to announce the successful completion of its ₦187.6bn Series 1 Bond Issuance (the “Transaction”), which is the largest corporate bond ever issued in the history of the Nigerian capital market This landmark transaction represents the first issuance by ... Read More »

Dana airplane makes emergency landing in Abuja

A Dana Air Boeing 737 aircraft with registration number: 5N DNA has made an emergency landing on approaching an international airport in Abuja, following an issue with one of its engines, Tuesday afternoon. The airline gave an update on the incident via its Twitter handle. In a statement on Tuesday, it said the incident happened at about 2:52 pm, adding ... Read More »

ASUU: Unions to shut banks, airports, others over strike

The Federal Government and workers’ unions in various sectors of the economy were literally at each other’s jugular, yesterday, over the five-month long strike embarked upon by the Academic Staff Union of Universities, ASUU, which has grounded the nation’s ivory towers. Pointedly, the Association of Nigeria Aviation Professionals, ANAP, and National Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, ... Read More »

Aero Contractors announces Temporary Suspension of Flights

Due to the impact of the challenging operating environment on our daily operations, the management of Aero Contractors Company of Nig. Ltd. wish to announce the temporary suspension of its scheduled passenger services operations with effect from Wednesday, July 20, 2022. This does not in any way affect the Maintenance activities of the Approved Maintenance Organisation (AMO) otherwise known as ... Read More »

Biodiversity: Dangote Cement partners Agencies, Stakeholders on environmental sustainability

…plants 7,205 trees to commemorate the 2022 Environmental Day Nigeria’s bid to reduce carbon emissions has received a boost as Pan-African cement manufacturer, Dangote Cement Plc entered into partnership with partnered with the United Nations Environment Programme (UNEP) and National Environmental Standards and the Regulations Enforcement Agency (NESREA) to promote environmental sustainability. In the same vein, Dangote Cement also collaborated ... Read More »