Category: Business
Backward integration: Dangote targets 700,000MT of refined sugar in 4 years
Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four ye [...]
May Day: Glo salutes Nigerian workers
Digital telecommunications solutions provider, Globacom, has saluted Nigerian workers as the country observes this year’s edition of the International [...]
Tinubu’s renege on promise not to borrow, takes $4.1bn loan in one year
On August 9, 2024, President Bola Ahmed Tinubu inaugurated a tax committee with mandate to raise revenue because his government inherited a ‘bad gover [...]
Zenith Bank HoldCo structure transition approved by shareholders
Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General M [...]
‘Truck involved in the Okene accident not our own,’ Dangote Cement clarifies
Dangote Cement Plc has disowned a truck laden with cement that collided with a bus on Okene-Lokoja bypass in Kogi State, leading to the death of some [...]
Dangote cement export of clinker, cement increased by 87.2%
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the expo [...]
How CBN directive triggered Adesola Adeduntan, First Bank MD’s resignation
There are strong indications that the sudden resignation of former Managing Director and CEO of First Bank, Dr Adesola Adeduntan was triggered by dire [...]
Veteran banker, Jim Ovia appointed chairman of Nigerian Education Loan Fund by President Tinubu
President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the [...]
NBA debars Adekunbi Ogunde, former partner in Wole Olanipekun’s chambers for influence peddling
The Legal Practitioners Disciplinary Committee (LPDC) has struck out the name of Adekunbi Ogunde from the list of legal practitioners in Nigeria.
Ako [...]
More Nigerians buy Dangote Cement, as volume rises by 26.1% to 4.6MT
Strategies adopted by Dangote Cement to increase sales and ensure an adequate supply of products to customers are yielding the desired results as dome [...]