BUSINESS

Dangote Assures Nigerians Of Petrol Price Stability

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 …

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“Buy Africa, It’s Not Inferior”: Ogbonna, Mene, Zubairu Chart Path For Developing Continental Trade At Africa CEO Forum

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 …

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Access Bank Secures DFIs’ USD100 Million Facility Led By German DEG For MSMEs, Gender Equality In Nigeria (+photos)

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 …

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UBA’s Abiodun Coker Named “Future Leader In Media Management” At The Industry Summit/Awards

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 …

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NASCON Attributes 100% Growth In Dividend Payout, Higher Profitability To Massive Expansion Drive (+photos)

… 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 …

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Gateway International Agro-Cargo Airport Boasts Advanced Technology – Ogun State Government

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 …

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Abiodun Commissions Nigeria’s First Rapid Diagnostic Test Facility, Hails Biomedical Breakthrough

  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 …

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Okobi, Esomeju, Otaigbe Join Global Leaders To Discuss Sustainable Finance, Economic Transition At UNEP FI’s Regional Roundtable

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 …

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Dangote Commends Tinubu For Transformative Reforms In Oil & Gas Sector, Praises Leadership Appointments At NNPC

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 …

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GTCO Sustains Profitability Momentum With Growth In Core Income – Declares A Pbt Of N300.4billion In Q1 2025

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 …

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