BUSINESS

Dangote Commends Tinubu For Transformative Reforms In Oil & Gas Sector, Praises Leadership Appointments At NNPC

BY ABU-SATAR HAMED LAGOS, NIGERIA – President of the Dangote Group, Aliko Dangote, has expressed gratitude to President Bola Ahmed Tinubu for initiating revolutionary changes in Nigeria’s oil and gas industry. Dangote acknowledged the President’s strategic efforts to reposition the sector for greater efficiency and national benefit. Dangote specifically lauded …

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GTCO Sustains Profitability Momentum With Growth In Core Income – Declares A Pbt Of N300.4billion In Q1 2025

LAGOS, NIGERIA – APRIL 2025 – Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦300.4billion …

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Dr. Idris Babatunde Allinson Appointed Animal Scientist and Agricultural Consultant to North Sedra Farm, Qatar

BY ABU-SATAR HAMED QATAR, UAE – Renowned Nigerian agripreneur and livestock expert, Dr. Idris Babatunde Allinson, has been appointed Animal Scientist and Agricultural Consultant to the prestigious North Sedra Farm in Qatar, United Arab Emirates. The announcement, which was shared by Dr. Allinson via his official LinkedIn account, marks a …

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Tinubu Set to Launch World’s Largest Cotton Factory in Ogun (+photos)

ABEOKUTA, OGUN STATE, NIGERIA – Ogun State Governor, Prince Dapo Abiodun, has revealed that President Bola Ahmed Tinubu will perform the groundbreaking ceremony for what is expected to be the world’s largest cotton and polyester processing factory. According to Governor Abiodun, the factory will be located within the Special Agro …

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Dangote Sugar Reports 51% Growth In Turnover, To Provide 75,000 Jobs (+photos)

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 …

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GTCO Food and Drink Festival 2025: A Shared Experience of Culture, Cuisine, Enterprise

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, …

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World Bank Appoints Aliko Dangote To Global Investment Leadership Group

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 …

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Air Peace Resumes Flight Operations Following Suspension Of Strike By NiMET Labour Unions

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 …

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Access Holdings Records 88% Growth In Gross Earnings To N4.878 Trillion

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 …

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Blackout In 21 Communities: Yewa North LG Chairman Urges Patience As Dangote Assures Return Of Electricity Before End Of May (+photos)

… 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 …

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