BUSINESS

BY ABU-SATAR HAMED Dangote Petroleum Refinery & Petrochemicals has reassured the public that petrol prices will remain stable, even as global crude oil prices continue to fluctuate. In a recent statement, the company emphasized that it has consistently reduced the price of Premium Motor Spirit (PMS), commonly referred to as …

ABIDJAN, CÔTE D’IVOIRE – MAY 14, 2025: At the Africa CEO Forum, leaders from across the continent gathered to discuss the critical role of private sector-led growth in the development of African trade and market integration under the topic “Fast-tracking African Integration: The Private Sector Imperative”. The session, which was …

ABIDJAN, COTE D’IVOIRE – MAY 16, 2025: Access Bank Plc has successfully closed a USD 100 million senior loan facility with a consortium of Development Finance Institutions (DFIs), led by the German DFIDEG – Deutsche Investitions – und Entwicklungsgesellschaft mbH, and supported by FinDev Canada, Amsterdam-based Asset Manager ILX, as …

BY ABU-SATAR HAMED LAGOS, NIGERIA – May 2, 2025 – The Communications Team of United Bank for Africa (UBA) is basking in well-deserved acclaim as Abiodun Coker, Media & External Relations Lead, has been honored with the “Future Leader in Media Management” award at the 6th edition of The Industry …

… Shareholders Approve N2 Per Share Dividend BY ABU-SATAR HAMED LAGOS, NIGERIA – May 8, 2025: The Management of NASCON Allied Industries Plc has credited the company’s impressive financial performance, including a 100% increase in dividend payout to N2 per share, to its aggressive expansion strategy and widening of its …

ILISHAN-IPERU, IKENNE LG, OGUN STATE, NIGERIA – The Ogun State Government has declared that the Gateway International Agro-Cargo Airport is equipped with the most advanced technology and modern aviation facilities in the country. Located in the Ilishan/Iperu axis of Ogun State, the airport is built with state-of-the-art infrastructure and designed …

  ABEOKUTA, OGUN STATE, NIGERIA – Ogun State Governor, Prince Dapo Abiodun, has officially commissioned Nigeria’s first large-scale rapid diagnostic test (IVD) production facility, setting a historic milestone in the country’s healthcare and biotechnology sector. This facility which is the second of its kind in Sub-Saharan Africa operated by CODIX …

LAGOS, NIGERIA – MAY 6, 2025: As part of its continued commitment to sustainability, Access Holdings PLC will be amongst the leading participants in the United Nations Environment Programme Finance Initiative (UNEP FI) Regional Roundtable on Sustainable Finance for Africa and Middle East. Taking place from May 6-7, 2025, in …

BY ABU-SATAR HAMED LAGOS, NIGERIA – President of the Dangote Group, Aliko Dangote, has expressed gratitude to President Bola Ahmed Tinubu for initiating revolutionary changes in Nigeria’s oil and gas industry. Dangote acknowledged the President’s strategic efforts to reposition the sector for greater efficiency and national benefit. Dangote specifically lauded …

LAGOS, NIGERIA – APRIL 2025 – Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦300.4billion …