Category: Business
Air Peace founder, a financially disciplined businessman worthy of emulation – Fidelity Bank CEO
The Managing Director /CEO of Fidelity Bank Plc, Dr. Nneka Onyeali – Ikpe has described the Chairman/CEO, Air Peace Limited, West Africa’s largest car [...]
Our refinery has 500m litres of PMS to end scarcity but retailers aren’t buying – Aliko Dangote laments
Aliko Dangote, founder of the Dangote Group, says the Dangote Petroleum Refinery currently has over 500 million litres of premium motor spirit (PMS), [...]
25 multinationals exit Nigeria over economic challenges, currency volatility and rising operational costs
In recent years, Nigeria has witnessed an increasing trend of multinational and local companies shutting down or relocating their operat [...]
Air Peace chairman, Allen Onyema lauds Tinubu on transformation of aviation industry
The Chairman/CEO of Air Peace Limited, West Africa’s largest carrier, Dr. Allen Onyema, has commended the federal government for its deliberate effort [...]
Pick n Pay plans exit from Nigeria, sells 51% stake in joint venture
Pick n Pay, a South African grocery retailer, says it will exit Nigeria by selling its 51 percent stake in a joint venture.
Sean Summers, chief execu [...]
Dangote Cement, Ibese Plant enhances skills of local business operators
The management of Dangote Cement's Ibese Plant has reaffirmed its commitment to advancing its local content policy, aiming to stimulate the economies [...]
Dangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructure
In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives fo [...]
CAN kicks as Abia introduces tax on church signposts
The Alex Otti administration in Abia State has introduced a tax on churches for their signposts, a move that has sparked widespread criticism from rel [...]
Glo explains continued support for Ofala, other festivals
Telecommunications giant, Globacom, has provided an explanation for its long-standing dedication to supporting Onitsha Ofala and other premium festiva [...]
US seeks forfeiture of $14m in assets from Air Peace founder, Allen Onyema
The United States government has asked a US District Court, Northern District of Georgia to approve the forfeiture of approximately $14 million in ass [...]