Category: Business
Dangote’s $2bn petrochemical plant to produce 77 grades of polypropylene
Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypro [...]
Green Africa Airline founders battle over ownership 2 weeks after inaugural flight
Barely two weeks after their inaugural flight, Nigeria’s new low-cost carrier, Green Africa Airways, has been enmeshed in troubles over ownership stru [...]
Access Bank launches awareness campaign to combat e-banking fraud
As part of its continued commitment to educate and protect customers from e-banking fraud, Africa’s largest retail bank, Access Bank Plc, has launch [...]
Customs seeks excise duty on soft drinks
The Nigeria Customs Service, NCS has called for the re-introduction of excise duty on all drinks produced in the country
Hameed Ali, comptroller- [...]
NARTO, Dangote Refinery collaborate on efficient products distribution
Road transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream s [...]
Ibukun Awosika gets her groove back, nabs UK’s G7 impact taskforce appointment with Aruma Oteh
Three Nigerians have been appointed as members of the global Independent Impact Taskforce (ITF) by the United Kingdom’s 2021 presidency of the G7.
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CBN gets court order to freeze accounts of six Fintechs
A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze the accounts of fintechs companies for 180 days.
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AMCON denies plans to take over Dangote Refinery
Contrary to some reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote [...]
Dangote emerges only Nigerian on Bloomberg’s top billionaires’ list
Africa’s richest man, Aliko Dangote has significantly moved up in the World billionaires’ list as his fortune increased to $17.8 billion as against la [...]
Sterling bank enmeshed in another fraud scandal
TVIO Solutions, a fintech company, has accused Sterling bank of allegedly stealing their intellectual property and have subsequently filed a N100 mill [...]