BUSINESS

BY ABU-SATAR HAMED LAGOS, NIGERIA – The Dangote Petroleum Refinery has said that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) for the purchase of refined petroleum products. This statement was issued in response to recent claims regarding difficulties in loading products. In …

BY ABU-SATAR HAMED IBESE-YEWA, OGUN STATE, NIGERIA – Dangote Cement Plc’s, Ibese Plant, on October 24, 2024, organized a one-day capacity development workshop for its local vendors on the theme “Leveraging DCPI’s Processes and Procedures to Build Viable Local Businesses.” The training was attended by twenty five (25) service providers …

… Becomes Largest Operator Of CNG Trucks In Nigeria BY ABU-SATAR HAMED LAGOS, NIGERIA – In alignment with President Bola Ahmed Tinubu’s initiative to introduce cheaper and cleaner fuel options across Nigeria, Dangote Cement Plc has committed over $280 million to bolster Compressed Natural Gas (CNG) infrastructure and technology. This …

BY ABU-SATAR HAMED LAGOS, NIGERIA – Access Bank Plc has achieved a significant milestone in its expansion strategy by securing an approval-in-principle to establish a subsidiary in Namibia. This development marks another step in the bank’s ongoing efforts to strengthen its presence across Africa. The recent approval from the Namibian …

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 …