Category: Business

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Aliko Dangote makes U-turn on investment plans in steel industry over accusations of monopoly

Aliko Dangote makes U-turn on investment plans in steel industry over accusations of monopoly

Business mogul Aliko Dangote has announced the sudden halt of plans to invest in a new steel plant, citing concerns over accusations of monopoly. T [...]
Dangote says Company’s projected $30bn revenue will boost the Naira value

Dangote says Company’s projected $30bn revenue will boost the Naira value

President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign exchange in the FX mar [...]
From Glo, AI tools to learn and earn millions of naira

From Glo, AI tools to learn and earn millions of naira

Leading telecommunications company, Globacom, has unveiled three innovative AI-focused services aimed at improving customer experience, giving them a [...]
Adaora Umeoji highlights Zenith Bank’s robust financial metrics, says bank is poised to cross N1trn mark in profit in 2024.

Adaora Umeoji highlights Zenith Bank’s robust financial metrics, says bank is poised to cross N1trn mark in profit in 2024.

Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks [...]
GTCO PLC launches public offer to raise N400.5bn

GTCO PLC launches public offer to raise N400.5bn

Guaranty Trust Holding Company plc (“GTCO PLC” or the “Issuer”) (NGX: GTCO) today announced the opening of its Offer for Subscription of 9,000,000,000 [...]
Fidelity Bank eyes oversubscription to N127.1bn combined offers

Fidelity Bank eyes oversubscription to N127.1bn combined offers

Against the background of groundswell of supports and enthusiasm for the bank’s ongoing offers, Fidelity Bank Plc has started preparations to allow th [...]
Dangote Refinery imports additional 11m barrels of US crude oil due to domestic supply shortage

Dangote Refinery imports additional 11m barrels of US crude oil due to domestic supply shortage

Dangote Petroleum Refinery and Petrochemicals has issued a tender for an additional 11 million barrels of US crude oil over the next six months due to [...]
Zenith Bank clinches best commercial bank in Nigeria, retains Best Corporate Governance award at 2024, World Finance awards

Zenith Bank clinches best commercial bank in Nigeria, retains Best Corporate Governance award at 2024, World Finance awards

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutiv [...]
Dangote Cement Okpella commits to development, social support for host communities

Dangote Cement Okpella commits to development, social support for host communities

Management of Dangote Cement, Okpella has signed a development and social support agreement with its Okpella Edo state host communities in demonstrati [...]
‘Dangote Refinery capable of solving Nigeria’s forex problems, catalysing economic devt,’ Says S&P Global

‘Dangote Refinery capable of solving Nigeria’s forex problems, catalysing economic devt,’ Says S&P Global

International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemi [...]
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