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Category Archives: Business

World Bank lists challenges for Nigeria’s in-coming govt

Against the backdrop of the imminent assumption of office, the World Bank Group, WBG, has given a long list of challenges that need to be addressed in the immediate term by the new leadership of the Federal Government. The WBG President, David Malpass, in a press briefing at the ongoing Spring Meetings of the Bretton Woods institutions in Washington D.C., ... Read More »

Dangote Cement pledges Higher returns, Value to Shareholders, Stakeholders

Chairman of Dangote Cement Plc, Aliko Dangote has guaranteed shareholders and other stakeholders of the company’s management’s resolve to keep the company profitable by leveraging on strategic innovations for the continuous growth of their investments. Speaking at the 14th Annual General Meeting (AGM), of the company in Lagos, Dangote said the prospects for the cement company remain bright as the ... Read More »

We Are Into Real Estate Investment To Enrich Nigerians – CEO Best Source Homes And Properties Ltd, Amb. Godiva

The Chief Executive Officer of Best Source Homes And Properties Ltd, Ambassador Ogunmiloye Godiva, has stated that genuine realtors are still in the business of real estate investment in Nigeria, saying that it is not all those in the business are fraudulent. Godiva, who stated this during a press conference in Lagos, on Tuesday, noted that those who are interested ... Read More »

OGUN TAKES DELIVERY OF GAS CONVERSION KITS

In its quest for a cleaner environment through self-sufficient means of transportation, the Ogun State Government has taken delivery of conversion kits capable of converting vehicles from diesel to Compressed Natural Gas (CNG). While taking delivery of the conversion kits, the State Commissioner for Transportation, Engr. Gbenga Dairo, emphasized that the initiative of the Dapo Abiodun-led administration will reduce emissions ... Read More »

FRSC Commends Dangote Industries for Adopting, and Implementing Road Safety Standards

The Corps Marshal of the Federal Road Safety Corps (FRSC), Mr. Dauda Biu has commended Dangote Industries Limited (DIL) for the adoption and implementation of safety standards in the Road Transport Safety Standardisation Scheme (RTSSS) in the company’s operations. Mr. Biu, who stated this in Abuja when he hosted a team from the Dangote Cement Plc, Transport Division, said the ... Read More »

NNPC Failed To Account For N102bn Oil Delivery To Refineries –Report

The Nigerian National Petroleum Corporation has failed to account for oil delivery to Warri and Kaduna refineries amounting to N102bn, according to a Senate report.… The Nigerian National Petroleum Corporation has failed to account for oil delivery to Warri and Kaduna refineries amounting to N102bn, according to a Senate report. The Senate yesterday considered and adopted the report of its ... Read More »

Zamfara men arrested for printing fake naira, dollar notes

Men of the Zamfara State Command of the Nigeria Security and Civil Defence Corpse have arrested three suspects for their alleged involvement in printing and spending fake naira and dollar notes. The command’s spokesperson, Ikor Oche, identified the suspects as Kamalu Sani, Uzaifa Muazu and Suleiman Yusuf. According to Oche, the suspects were arrested following a complaint by a commercial ... Read More »

Bigi Promises Bounty Excitement as Nigeria Idol Season 8 Goes live

In a bid to electrify its enchanting good-music-loving consumers and consolidate on its contribution to the discovery of talented music stars, Bigi, the Naija favourite soft drink, has for the third time, sponsored Nigerian Idol Season 8 starting Sunday, April 23, 2023 on DStv and GOtv. The Bigi headlined Nigerian Idol Season 8 retains its previous season judges – Multi-Award-winning ... Read More »

DANGOTE LISTS N300B SERIES 1 AND 2 LARGEST BONDS ON NGX, FMDQ

Dangote Industries Limited (DIL) has formally listed its N300 billion Series 1 and 2 bonds issued under the Dangote Industries Funding Plc during a grand listing ceremony at both the FMDQ and the Nigeria Exchange Limited (NGX) in Lagos. Olakunle Alake, Group Managing Director of Dangote Industries Limited told investors during the listing ceremony that the bonds were primarily for ... Read More »