Category Archives: Business

Dangote Refinery To Save Nigeria From Dirty Fuels With Euro V Spec

October 31 Business no comments

Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification. S...

Nigerian Engineer Jude Wins $500m Contract To Build Monorail In Iraq

October 9 Business no comments

A Nigerian Engineer, based in Canada, Jude Igwemezie, has won a $500 million contract to build a monorail network in Iraq. Mr. Igwemezie, who was also trained in Canada, heads TransGlobim International, the engineering c...

Jumia Affiliate Conference Holding In Ikeja

October 6 Business no comments

Jumia Affiliate Conference for 2018 is holding right now at 109, Adeniyi Jones in Ikeja, Lagos.

Dangote Launches ‘BlocMaster’ For Cement Moulders

September 19 Business no comments

Builders and other stakeholders have lauded the BlocMaster Cement which was formally launched by Dangote Cement PLC on Tuesday in Kano, Kano State, describing it as extra strong and the best for block moulding in Nigeria...

Airtel Nigeria Offers ‘Double Data’ On Designated Smartpho...

September 14 Business no comments

Telecommunications services provider, Airtel Nigeria, has announced a strategic partnership that will enable Infinix, Tecno or itel customers who purchase a new smartphone to enjoy the exclusive Airtel ‘Double Data Offer...

Ambode’s Achievements Visible To All –ICAN, IOD Bosses

September 11 Business no comments

President, Institute of Chartered Accountants of Nigeria (ICAN), Alhaji Razak Jaiyeola and his counterpart in the Institute of Directors (IoD) of Nigeria, Alhaji Rufai Mohammed on Tuesday lauded Lagos State Governor, Mr ...

Dangote Emerges Winner At 2018 Nigerian Risk Awards

September 10 Business no comments

Dangote Group has emerged winner of the 2018 prestigious Nigerian Risk Award (NRA) which recognizes organizations who have made measurable impact within their sector through the effective application of good governance, ...

Emeka Okwuosa: Celebrating A Philanthropist @ 57

August 23 Business no comments

By Nduka Uzuakpundu In our country, Nigeria, where integrity and accountability are highly needed to boost the quality of public life and drive the affairs of the country for public good, a philanthropist, by name Chukwu...

Dangote Donates N.3bn Business School To University Of Ibadan

July 25 Business no comments

.Vows To Raise Entrepreneurs For Nation Building – Leading businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote has challenged the government to muster the will to provide critical infrastruct...

Dangote Cement Invests $3bn On Plants, Grinding Terminals Across Afric...

July 23 Business no comments

.Employs 27,952 Nigerians In 2017 Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3B to build manufacturing plants and import/grinding terminals across A...

UBA ‘Branch’ In Victoria Island On Fire!

July 18 Business no comments

Report says a UBA ‘Branch’ in Victoria Island, Lagos State was on fire on Wednesday afternoon. An employee of the bank who spoke with SaharaReporters on phone from the UBA Head Office said the incident sent staff, as wel...

Anambra Set To Introduce CCTV In Markets, Says Commissioner

July 13 Business 4 comments

Anambra State Commissioner for Commerce and Wealth Creation, Dr Christian Mmadubuko has initiated plans to introduce CCTV monitoring system in major markets in Anambra. “We have since identified 63 major markets in...

Dangote Set To Boost Tomato Production In Nigeria

July 9 Business 2 comments

.Signs 500 million Naira Investment Agreement with Katsina State To Revive Songhai Project – The Group President/CE, Dangote Group, Aliko Dangote, on Thursday, July 5, 2018, signed an agreement with Katsina State G...

Ambode Gives N500m Grant To 275 CDAs To Complete Projects

July 5 Business 2 comments

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday doled out N500million as grant to 275 Community Development Associations (CDAs) to enable them complete their ongoing self help projects. Governor Ambode, who presen...

Lagos: Export Inflow At Lekki Free Zone To Hit $6bn By 2020

July 5 Business no comments

Lagos State Governor, Mr Akinwunmi Ambode on Thursday said the export inflow at the Lekki Free Zone (LFZ) in Ibeju Lekki area of the State is projected to hit over $6billion (about N2.159trillion) by 2020, saying it was ...

Dangote Pays Shareholders 90 Per Cent Of Net Profits As Dividend

June 21 Business 2 comments

.Photo: Chairman, Dangote Cement Plc, Aliko Dangote; (left) Group Managing Director/CEO, Engr. Joseph Makoju; Non-Executive Director, Dangote Cement Plc, Olakunle Alake; and Group Chief Financial Officer, Dangote Cement ...

Dangote Emerges As Most Admired African Brand

June 13 Business 2 comments

Dangote Group, from Nigeria has emerged as the most admired African brand, of African continent origin, by consumers ahead of telecommunication giant, MTN according to the South African based Brand Leadership Movement in...

Anambra Govt. Bans Vending Of Inflammable Materials In Markets

June 13 Business 2 comments

The Anambra State Government has directed that traders involved in sale of inflammable goods inside various markets should relocate to a designated area. According to a Press Release from Anambra State Ministry of Inform...

Stock Exchange Lauds Dangote Cement Over Corporate Governance

June 7 Business 1 comment

Management of the Nigerian Stock Exchange (NSE) on Wednesday lauded Dangote Cement for its adherence to best corporate governance practices even as they called for more partnerships between the two organizations. Managin...

Lagos To Complete Largest Rice Mill In Africa Next Year –Ambode

May 10 Business 2 comments

The Lagos State Government on Wednesday said all hands are on deck to complete the largest rice mill in Sub-Saharan Africa currently ongoing in Imota Local Council Development Area of the State within the first quarter o...

Lagos Begins Payment Of N11.8bn Compensation To Property Owners

May 9 Business 1 comment

.Special Adviser to the Governor on Urban Development, Mrs. Yetunde Onabule (2nd left); addressing the media during the Y2018 ministerial press briefing of the Lagos State Lands Bureau as part of activities to commemorat...

CBN Headquarter On Fire

May 2 Business 3 comments

The headquarters of the Central Bank of Nigeria (CBN) in Abuja, was engulfed in flames, on Tuesday evening. The fire which started about 2 hours ago is currently under control as officials of Federal Capital Fire Service...

Trump Slams Opec Over High Oil Prices

April 22 Business no comments

Donald Trump has criticised the Opec oil producers’ group, saying crude prices are “artificially very high”. In a tweet, the US President said this was “no good” and “would not be acce...