Category: Business
Dangote Cement fetes distributors, targets $600m annual exports to African countries
President of Dangote Industries Limited, Aliko Dangote, the founder of Dangote Cement, has restated his Group’s commitment to Nigeria’s economic devel [...]
Aliko Dangote is now 64th on list of world’s richest men
Aliko Dangote, president of Dangote Group, has emerged the 64th richest person in the world with an estimated $16.6 billion, as against his previous r [...]
Ibom Air makes maiden landing in Uyo
Governor Udom Emmanuel today received two of the three aircrafts acquired for the state airline, Ibom Air. This disclosure was made during during a co [...]
IPMAN to sell petrol at N140 per litre from Wednesday
The Independent Petroleum Marketers Association of Nigeria (IPMAN), through its national president, Chinedu Okworonkwo, has directed its members natio [...]
Polls: Number of flight tickets purchased by politicians, expatriates rises
As Nigeria goes to the polls tomorrow, Saturday, investigations have shown the number of international flight tickets for families of many prominent N [...]
FG to increase VAT, place excise duty on carbonated drinks
Zainab Ahmed, minister of finance, says there would be an increase in value-added tax, VAT on specific items in 2019.
“We are studying a possibility [...]
Polaris Bank to be sold by AMCON after election
The Assets Management Corporation of Nigeria (AMCON) says it will begin the process of seeking buyers for Polaris Bank when the general election is ov [...]
Aba Guinness brewery factory razed down by inferno
A wildfire on Friday engulfed parts of the Guinness Nigeria Plc, Aba Brewery, Abia, razing bottles, chemicals, office structures and furniture to ashe [...]
Arunma Oteh’s World Bank tenure ends, appointed into Ecobank board
Ecobank Group has appointed Arunma Oteh, former treasurer of the World Bank, to its board of directors as a non-executive director. Ecobank made this [...]
Investors show interest in Arik Air after two years management by AMCON
Oluseye Opasanya (SAN), the receiver-manager of Arik Air, says local and foreign investors are showing a keen interest in the airline. Arik Air, which [...]