BUSINESS

BY ABU-SATAR HAMED LAGOS, NIGERIA – The Management of Dangote Refinery has clarified that it has not filed any new case against the Nigerian National Petroleum Corporation Limited (NNPCL) and other entities.  In a press release titled “No Fresh Case Filed Against NNPCL,” signed by Sunday Esan and made available …

…Celebrating Africa’s Energy and Culture in Port-Harcourt BY ABU-SATAR HAMED PORT-HARCOURT, RIVERS STATE, NIGERIA – OCTOBER 13, 2024 – In a bold celebration of Africa’s vibrant spirit, Coca-Cola® has launched its latest limited-edition beverage, Coca-Cola® Wozzaah Zero Sugar. This marks the introduction of Coca-Cola® Creations in Nigeria, designed to honor …

…It’s Beginning Of A New Era Of Economic Growth And Job Creation – Abiodun EWEKORO LG, OGUN STATE, NIGERIA – The Minister of Marine and Blue Economy, Alhaji Adegboyega Oyetola, on Friday, October 11, 2024 performed the groundbreaking ceremony of the Gateway Inland Dry Port with a promise to make …

BY ABU-SATAR HAMED IBEJU-LEKKI, LAGOS, NIGERIA – The Prime Minister of Grenada, Dickon Mitchell, has emphasized the importance of the Dangote Petroleum Refinery and Petrochemicals as a pivotal investment for industrialization and manufacturing in developing countries. He believes that such investments are crucial for fostering industrial growth. During his visit …

…Saves Africa’s $17bn In Petrol Products Imports BY ABU-SATAR HAMED Aliko Dangote, Chairman of Dangote Refinery and Petrochemicals Company Limited, has said that Nigeria has the potential to become a refining hub if it increases its crude oil production capacity and manages its crude supply efficiently. He opined this would …

ABUJA, FCT, NIGERIA – In a show of strong support for Guaranty Trust Holding Company (GTCO), the Central Bank of Nigeria (CBN), has set the record straight by debunking false allegations being peddled against GTCO and its Executive Management by faceless and unqualified entities.  This was contained in a statement …

LAGOS, NIGERIA – GTCO Plc’s management has firmly rejected the recent allegations of misconduct regarding its operations and executive team. In a press release distributed to the media, the Bank asserted that there is no truth to the negative reports circulating about its activities. GTCO is urging customers, shareholders, and …

NEW YORK, USA – In an exclusive interview with Arise TV during the 79th United Nations General Assembly in New York, Olusegun Alebiosu, CEO of FirstBank, emphasized the urgent need for international leaders to prioritize poverty eradication. He highlighted that alongside poverty, climate change and gender inequality also requires immediate …

LAGOS, NIGERIA – SEPTEMBER 30, 2024 – Guaranty Trust Fund Managers Limited (“GTFML” or the “Fund Manager”), the asset management subsidiary of Guaranty Trust Holding Company Plc, today announced the launch of the Guaranty Trust Investment Fund 724 (“Fund 724”), an open-ended, naira-denominated Unit Trust Scheme duly authorised and registered …

BY ABU-SATAR HAMED NEW YORK, USA, – Aliko Dangote, Founder and President/Chief Executive of the Dangote Group, attended the “Africa at an Inflection Point” event hosted by Invest Africa. The event, organized by the Milken Institute, took place at the Rockefeller Centre in New York during the United Nations General …