The Central Bank of Nigeria (CBN) on Friday supplied a total of 197.71 million dollars to the foreign exchange market through sales to authorised dealers. The apex bank’s Director of Financial Markets…
Category: Business
NNPC: Ojulari Assumes Office, Replaces Kyari
The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken over the reins of the company from his predecessor, Mr. Mele Kyari….
NNPC Ltd Announces New Senior Management Team
Following the appointment of the Group Chief Executive Officer and Board of Directors, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the appointment of a new 8-man Senior Management Team…
Dangote Packaging Limited Launches Advanced technology
In a significant step, the Dangote Packaging Limited(DPL) has commissioned some state-of-the-art machinery to enhance its production capabilities. At the commissioning of the machinery on Wednesday, the Managing Director/Chief Executive Officer of…
AYCF Rejoice With Kyari On Retirement As GCEO NNPCL
By Abdullahi Alhassan, Kaduna The Arewa Youth Consultative Forum (AYCF) has extended its heartfelt congratulations and best wishes to Mr. Mele Kyari upon his retirement from the position of Group Chief Executive…
Tinubu sacks Mele Kyari as NNPC CEO, dissolves board, names replacements
President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele…
Group Urges Jigawa Govt to Disaggregate Tax Data by Gender
From Mika’il Tsoho, Dutse The Tax Justice and Governance Platform through Prime Initiative for Development Fiscal Transparency with support from the Civil Society Legislative Advocacy Centre (CISLAC) and Christian Aid (CAID) has…
KEDCO Sympathizes with Dakata Small-Scale Industries Over Recent Fire Outbreak
Kano Electricity Distribution Plc. (KEDCO) extends its deepest commiserations and sympathies to the leadership, workers, and business owners affected by the recent devastating fire outbreak at the Dakata Small Scale Industries, in…
How To Choose The Right Vendor For Your Events
Some events turned out to be a disaster and disorganized despite the fact that there was sufficient time, days or months to properly plan and prepare. There are several factors why such…
Dangote to build 6 Mta cement plant in Itori, largest Seaport at Olokola, also in Ogun state
… lauds Gov Abiodun’s Vision, Policies on attracting investment to Ogun State Africa’s foremost Industrialist and President of the Dangote Industries Limited, Aliko Dangote, has disclose his plan to build in Ogun…
Kano State Government Commemorates World Consumer Day
Kano State Government has commemorated World Consumer Rights Day, set aside by the United Nations on March 15th annually to celebrate consumers globally. This was contained in a statement issued by Governor’s…
Katsina State Government partner with Oxford University, Foreign Investors
…As Governor Radda Leads Africa’s Economic Discourse in the UK Katsina State Governor, Malam Dikko Umaru Radda, has wooed foreign investors and development finance Institutions to fund agricultural, energy, and technology initiatives…
NNPC Ltd Woos Global Investors
…Says Robust Regulatory Reforms Have Transformed Nigeria into Investors’ Haven The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and…
Dangote group pays N402.3B tax to govt in 2024
The Pan African Conglomerate Dangote Industries Limited, (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country….
CITAD Unveils E-commerce Platform, ShopB.Africa
By Mustapha Salisu The Centre for Information Technology and Development (CITAD) has launched an e-commerce platform, ShopB.Africa, designed to empower businesses across Africa. Developed by a team of eight young innovators from…
Dangote, again crashes PMS Price by N65 to N825 per Litre
Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890,…
Barau hails Tinubu on re-capitalisation of BOA BOA
Deputy Senate President Barau Jibrin has commended President Bola Tinubu for the re-capitalisation of the Bank of Agriculture (BOA) with N1.5trillion. Barau gave the commendation after signing a Memorandum of Understanding (MoU)…
Severe Fuel Shortage Hits Agadez as Economic Hardships Deepen
By Zagazola Makama The city of Agadez, capital of the Aïr region in northern Niger Republic, is experiencing a severe fuel crisis, with prices soaring to 2,500 FCFA per liter. The shortage…
New Flour Price: Kano Bakers Pledge Improved Bread Quality
By Abdullahi Yusuf The Master Bakers and Caterers Association of Nigeria, Kano State chapter, says its members will improve the quality of their bread to reflect the current market price of flour….
Kano Government to Hold Ramadan Trade Fair to Reduce Prices
By Ahmad Tijjani Abdul The Kano State Government, in collaboration with the leadership of major markets, has finalized plans to organize a Ramadan trade fair aimed at reducing the prices of essential…
NNPCL’s Petrol Surpasses Industry Standard, Says PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has affirmed that premium motor spirit (PMS) supplied by the Nigerian National Petroleum Company (NNPC) Limited meets the highest industry standards. PETROAN’s…
Dangote Doing A Very Good Job – Tinubu
The Federal Government has affirmed the Dangote Group’s pivotal role in the country’s push towards industrialization, as the company took the center stage at the ongoing Kaduna International Trade Fair. Acting Permanent…
NNPC Refutes Misleading Claims in Viral Video
By Mustapha Salisu The Nigerian National Petroleum Company (NNPC) Ltd strongly refutes the false and misleading allegations made in a viral video circulating online, which claims that NNPC fuel does not last….
Access Bank Lagos City Marathon close to achieving Platinum Label , says GM
Yusuf Ali, the General Manager (GM) of Access Bank Lagos City Marathon, says the long-distance race is close to achieving Platinum Label. Alli spoke with the News Agency of Nigeria (NAN) at…
President Tinubu Commends IFC’s Investment in Lagos Free Zone
President Bola Ahmed Tinubu has commended the International Finance Corporation (IFC) for its continued confidence in Nigeria’s economy. President Tinubu made the commendation following IFC’s $50 million equity investment in the Lagos…