BUSINESS

BY ABU-SATAR HAMED In a groundbreaking development for African energy markets, Dangote Refinery, the continent’s largest oil refinery, in partnership with Neptune Oil, has announced its inaugural export of Premium Motor Spirit (PMS) to Cameroon. This milestone highlights the strategic collaboration between Dangote Refinery and Neptune Oil, aimed at fostering …

BY TAYO MABEWEJE ABEOKUTA, OGUN STATE, NIGERIA – Ogun State is set to usher in a transformative era of economic prosperity, following strategic partnerships spearheaded by Governor Dapo Abiodun. The governor’s proactive efforts to attract international investment have culminated in collaborations with global industry leaders, including JBS, the world’s largest …

LONDON, UNITED KINGDOM – Access Holdings Plc (“Access Holdings”) on December 10, 2024, announced that its banking group’s, subsidiary, The Access Bank UK Limited (“the Access UK”) has established its first fully owned subsidiary – The Access Bank Malta Limited, in Malta. The banking licence application has been approved by …

BY ABU-SATAR HAMED FCT, ABUJA, NIGERIA – The Federal Competition and Consumer Protection Commission (FCCPC) says its invitation to Air Peace is simply for an inquiry to understand its price methodology and respond to consumers complaints.  The Director, Surveillance and Investigation, Mrs. Boladale Adeyinka said neither the airline nor the …

BY ABU-SATAR HAMED LAGOS, NIGERIA – Angolan President João Lourenço Meets Aliko Dangote On Strategic Investments The President of Angola, João Lourenço, and the President/Chief Executive of Dangote Industries Limited, Aliko Dangote, recently held a high-level investment meeting in Luanda, Angola. The discussions centered on building cement factories and acquiring …

BY ABU-SATAR HAMED LAGOS, NIGERIA – The Boeing Company, a leading global aerospace corporation, has reiterated its unwavering support for Air Peace, Nigeria’s premier airline and the largest carrier in West Africa. This endorsement highlights Air Peace’s pivotal role in advancing the aviation industry in Nigeria. Harry Magui, Senior Organizational …

BY ABU-SATAR HAMED LAGOS, NIGERIA – Dangote Refinery has reduced the price of Premium Motor Spirit (PMS) to N970 per liter, offering relief to consumers struggling with high fuel costs. The announcement was made in a statement by Anthony Chiejina, the Group Chief Branding and Communications Officer, on Sunday, November …

BY ABU-SATAR HAMED Air Peace, Nigeria’s premier airline and West Africa’s largest carrier, has joined forces with The Boeing Company, a global aerospace leader, and Cranfield University, a renowned postgraduate institution in the UK, to strengthen safety culture and operational excellence. Cranfield University is celebrated for its cutting-edge expertise, extensive …

LAGOS, NIGERIA – The 7th edition of the GTCO Fashion Weekend upheld its reputation for excellence, drawing in fashion enthusiasts and industry professionals through an array of inspiring masterclasses. One of the highlights of the event was a session led by renowned fashion innovator Lulu Kennedy. Known for her trailblazing …

FCT, ABUJA, NIGERIA – The Asset Management Corporation of Nigeria (AMCON) has confirmed that all issues between it and Heyden Petroleum Limited have been resolved amicably. In an official statement issued by Jude Nwauzor, Head of Corporate Communications at AMCON, the corporation stated that Heyden Petroleum has shown a strong …