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The Lagos State Governor, H.E. Babajide Sanwo-Olu and business leader and philanthropist, Tony O. Elumelu, CON, led other real estate stakeholders over the weekend in the groundbreaking ceremony for the new Falomo Towers development in Ikoyi, Lagos. The project is being developed by joint venture partners, Afriland Properties Plc, investee company of the Heirs Holdings Group, and the Lagos State ... Read More »

….Donates Books, Reading Sessions Across Africa . In commemoration of the 2022 International Day of the African Child, the UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Group, on Thursday, joined the rest of the world to celebrate African children by holding reading sessions for school children across the African continent and donating thousands ... Read More »

Lagos State Governor, Mr. Babajide Sanwo-Olu, has reiterated the call for economic diversification in Nigeria, saying that the country should shift from overdependence on oil and gas, to agricultural produce, solid minerals, chemical products, furniture and clothing as well as tourism among others. He also stressed the need for Nigeria to discourage over-reliance on mono-economic revenue, which is oil and ... Read More »

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the best thing that happened to the sector. Speaking to shareholders at the 16th Annual General Meeting (AGM) of Dangote Sugar Plc, in Lagos the Chairman of the Company, Aliko Dangote, said that despite the harsh operating environment, the board and ... Read More »

Shareholders of Dangote Cement Plc yesterday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N20 per share for the year ended December 31, 2021 as against the N16 paid in the preceding year. This represents a 25 per cent increase in dividend compared to the ... Read More »

The Society of Petroleum Engineers (SPE) and the Nigerian Content Development and Monitoring Board (NCDMB) have applauded Dangote Petroleum Refinery for its application of world-class technology in the construction of the 650,000 barrels per day refinery project. The two associations, which leaders were on a tour of the petroleum refinery project recently, expressed the belief that the refining facility is ... Read More »

When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even where the internet penetration is improving, the mobile payments adoption rate is still low, meaning an overall lag. For instance, in Kenya where mobile payment adoption is the most on the continent, only about 23.1% of the ... Read More »

The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West Africa, Southern Africa and inter-continental markets. The President/CE of Dangote Group, Aliko Dangote made this disclosure on Tuesday at the Nigerian Content Midstream – Downstream Oil and Gas Summit 2022, which held in Lagos. ... Read More »

As the nations of the world initiate transition from fossil fuel to renewable energy to mitigate the current global energy crises, Nigerians have been told to embrace the alternative source of energy that is sustainable . Lagos State Commissioner for Health, Prof. Akin Abayomi who made the call also challenged the churches in Nigeria to use their pulpit to drive ... Read More »

Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes. The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by members of the press as well as representatives of ... Read More »