BUSINESS

BY ABU-SATAR HAMED LAGOS, NIGERIA – Dangote Sugar Refinery Plc has announced a significant 51% increase in turnover, rising to ₦665.6 billion for the year ended December 31, 2024, compared to ₦441.5 billion recorded in the 2023 financial year. This milestone was revealed by the company’s chairman, Aliko Dangote. During …

LAGOS, NIGERIA – APRIL 29,  2025 – The stage is set for Africa’s most anticipated celebration of food, drink, and culture as Guaranty Trust Holding Company Plc (GTCO) announces the 8th edition of the GTCO Food and Drink Festival, scheduled to hold from Friday, May 2nd to Sunday, May 4th, 2025, …

BY ABU-SATAR HAMED LAGOS, NIGERIA – The President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Lab, an elite body comprising select global business leaders. As a member of this influential group, Dangote will work alongside other international executives …

LAGOS, NIGERIA – Air Peace, Nigeria’s leading airline and the largest carrier in West and Central Africa, has announced the full resumption of its flight operations starting Friday, April 25, 2025. This follows the suspension of the industrial action by the Nigerian Meteorological Agency (NiMET) and other labour unions in …

LAGOS, NIGERIA – APRIL 16, 2025: Access Holdings PLC (“the Group”) (Bloomberg: ACCESSCO), a leading African financial services group, today, announced its audited financial results for the full year ended December 31, 2024. The Group delivered 88% year-on-year growth in gross earnings, rising from N2.594 trillion in 2023 to N4.878 …

… Akinbode Calls For Reduced Cement Prices For Host Communities BY ABU-SATAR HAMED ILARO-YEWA, OGUN STATE, NIGERIA – Chairman of Yewa North Local Government, Ogun State, Hon. Olusola Akinbode, PhD, has appealed to host communities of Dangote Cement Plc (DCP), Ibese-Yewa plant to remain patient as the Ibadan Electricity Distribution …

LAGOS, NIGERIA- Air Peace, Nigeria’s leading airline, has announced the implementation of a new boarding arrangement aimed at delivering an even more seamless, convenient, and professional travel experience for all passengers. According to a release e-signed and made available to StarTrend Int’l magazine and online platform by Dr. Ejike Ndiulo, …

BY ABU-SATAR HAMED FCT, ABUJA, NIGERIA – President Bola Ahmed Tinubu has approved a major reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, exercising his authority under Section 59, subsection 2 of the Petroleum Industry Act, 2021. As part of the changes, Chief Pius Akinyelure, the Chairman, and …

LAGOS, NIGERIA – MARCH, 2025 – Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦1.266trilion, …

ABEOKUTA, OGUN STATE, NIGERIA – In a bold move to drive industrial growth and enhance food security, Ogun State Governor, Prince Dapo Abiodun, has announced a groundbreaking partnership with Ambar Energia, a leading Brazilian energy company. As part of the collaboration, Ambar Energia will establish power plants across the state. …