BUSINESS

… Listing of Dangote Fertiliser Will Revolutionise Capital Market – Dangote  BY ABU-SATAR HAMED LAGOS, NIGERIA – The Group Chairman of Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has praised the President/Chief Executive, Dangote Group,  Aliko Dangote for his substantial contributions to the Nigerian capital market and private …

BY ABU-SATAR HAMED LAGOS, NIGERIA – For the first time since its inception, Dangote Cement Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached an all-time milestone of N1,382.0 billion, crossing the N1 trillion mark, an increase of 56 per cent. In the same vein, Earnings per share also …

LAGOS, NIGERIA – JUNE 22, 2025:  Access Holdings PLC has been ranked the Tier 1 bank with the best asset quality in Nigeria, having posted the lowest Non-Performing Loan Ratio (NPLR) at 2.76 percent, according to Proshare’s 2025 Tier 1 Banking Report released, recently. This marks a significant achievement for …

BY ABU-SATAR HAMED LEKKI, LAGOS, NIGERIA – The $20 billion Dangote Petroleum Refinery & Petrochemicals has been described as a transformative force in Nigeria’s journey toward economic independence and industrial growth. This recognition came from the Technical Committee of the One-Stop Shop (OSS) for the “Sale of Crude and Refined …

Chief Abiodun Ilo, a retired bank manager, is the Adele Olu of Ilaro-Yewa and the Chairman/Chief Executive Officer of Unique Suites & Bar. In this interview with Abu-Satar Hamed of StarTrend Int’l magazine and online platform, he shared insights into his background, his new hospitality venture, and his commitment to …

BY ABU-SATAR HAMED LAGOS, NIGERIA – In a landmark initiative aimed at revolutionising Nigeria’s fuel distribution landscape, Dangote Petroleum Refinery will commence the distribution of Premium Motor Spirit (PMS) and diesel across the country starting August 15, 2025. The scheme targets marketers, petrol dealers, manufacturers, telecoms companies, aviation operators, and …

BY ABU-SATAR HAMED LAGOS, NIGERIA – The President of Dangote Group, Alhaji Aliko Dangote, has revealed that his conglomerate paid a staggering N450 billion in taxes to the Federal Government in the year 2024. He made this known during a recent meeting with President Bola Ahmed Tinubu, emphasizing that this …

BY ABU-SATAR HAMED ILARO-YEWA, OGUN STATE, NIGERIA – The Olu of Ilaro and Paramount Ruler of Yewaland, Oba (Dr.) Kehinde Gbadewole Olugbenle, MFR, alongside the Deputy Speaker of the Ogun State House of Assembly, Rt. Hon. Lateefat Bolanle Ajayi, and the Chairman of Yewa South Local Government, Barr. Abraham Ogunsola, …

…We’ve Capacity To Meet ECOWAS’s Petroleum Needs – Dangote BY ABU-SATAR HAMED LAGOS, NIGERIA – Africa’s leading political and economic bloc, the Economic Community of West African States (ECOWAS), has declared that the Dangote Petroleum Refinery stands as more than just an engineering marvel – it is a powerful symbol …

NAIROBI, KENYA – MAY 30, 2025:KCB Group PLC (KCB Group) and Access Bank PLC (Access Bank) have completed the sale of National Bank of Kenya Limited (NBK) to Access Bank Plc, marking the conclusion of a transaction that began in March 2024. This follows the receipt of all regulatory approvals …