The latest Monthly Financial and Operations Report of the Nigerian National Petroleum Corporation (NNPC) has revealed that Nigerian refineries lost the sum of N376.56 billion between...
DINO MELAYE: Flamboyant politician and former lawmaker from Kogi State, Senator Dino Melaye will get another chance to show his latent talent in acting after he...
The Lagos State government on Tuesday night spoke about the condition of an Indian who was quarantined on suspicion of having contacted the coronavirus disease. Although...
Dangote Industries Limited on Tuesday confirmed that an expatriate contract staff admitted in its clinic had been quarantined at the Mainland hospital, Yaba, Lagos over fears...
Billionaire mogul, Aliko Dangote, will launch a foray into crude oil production come July this year, a feat that will mark the latest addition to an expanding...
Dangote Industries Limited on Sunday promised that its ongoing subsea gas pipeline project would on completion, cut the amount of flared gas in the country considerably...
The culmination of the world’s most expansive granulated urea fertiliser project is days ahead. Dangote Fertiliser Limited Tuesday declared that practically all the segments of the...
Nigeria lost a mind-blowing sum of N4.57 trillion to oil theft activities in the four years between 2015 and 2018, estimates of the Nigeria Natural Resource...
WEST AFRICAN PILOT Decades after it went underground, two Nigerian US-based professors are stopping at nothing to ensure the revival of the defunct West African Pilot...
Hello. It’s the last weekly Business Roundup for the year 2019. The last week of December despite the festivity recorded some interesting highlights. So, in case you missed out on details, here are the top highlights of events that...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Sunday the Dangote Refinery would save the country over $10 billion spent on crude...
In recognition of the utilitarian values of Public Private Partnership (PPP) to the populace, Central Bank chief, Godwin Emefiele has called for bigger participation of corporate...
Major cement producer, Dangote Cement has posted a drop in performance in its Q3 2019 financial statement for the 9 months period ended September 30, 2019....
Bearish sentiments on the Nigerian Stock Exchange (NSE) further depleted the market capitalisation to N12.89 trillion in Wednesday’s trading sessions. The NSE All Share Index closed...
Understanding the place of visionary dialogues and economy-focused exchanges aimed at repositioning Africa’s largest economy, Nigeria, the Nigerian Economic Summit Group, NESG, selected top drivers in business across Nigeria...
Former Aviation Minister, Femi Fani-Kayode, has said that the northern part of Nigeria would have still remained a ‘barren desert’ but for the resources, kindness and...
The Central Bank of Nigeria has said it is planning to increase the number of items on its foreign exchange restricted items to 50 from 42....
The presidency has explained that the enlisting of the Alhaji Aliko Dangote as a member of the presidential campaign council did not translate to making him...
The heavy raining season this year has caused devastating damages to the over $4.5 billion refinery of Africa’s richest man, Aliko Dangote. Dangote, who is the...
There was tension in Nasarawa State yesterday following an alleged support being given to one of the All Progressives Congress (APC) governorship aspirants in the state...
The Katsina State Government and the Dangote Group have signed an investment deal worth N500 million to boost local production of tomatoes in Nigeria. At the...
The business educational development of Northern Nigeria took a new turn at the weekend when businessman, Aliko DANGOTE donated a N1.2 billion ultra-modern business school structure...
The Dangote Rice Outgrower Scheme in Jigawa State reached a turning point on Thursday when the President of Dangote Group, Aliko Dangote laid a foundation stone...
Barely a week after crossing a N23.12 billion shares deal, Dangote Cement was again on Monday, a subject of a cross deal for partial divestment valued...
Management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease No. 2541, located in a...
The scramble to acquire 9mobile, Nigeria’s fourth largest network operator, has advanced to the next stage, with 10 out of the 16 firms that submitted expressions...
Africa’s richest man Aliko Dangote has advised foreign businessmen and diplomats outside Africa to make concerted effort to visit the continent and discover the changes that...
Irked by the attitude of some of its truck drivers, the Management of Dangote Industries Limited (Dangote Group) has appealed to members of the public to...
Nigerian equities reopened on Monday with a continuing overhang of sell pressure as investors sought to take profits from earlier capital appreciation and readjust their portfolios....
What looks like a healthy rivalry may soon come to play in Nigeria’s downstream oil and gas sub sector, as an indigenous oil major, Forte Oil,...
In efforts to expand its market share in the cement industry in Africa, Holcim Nigeria will in August 2017 seek its shareholders’ approval to pass a...
The Coalition of Northern Groups (CNG) has described Africa’s richest man, Alhaji Aliko Dangote, as the “final destination where every corrupt government officials dump their public...
Africa’s richest man, Alhaji Aliko Dangote, plans to invest additional N106 billion in domestic sugar production in the second phase of a backward integration programme (BIP),...
As a result of dwindling investment returns from one of its subsidiaries, Dangote Flour Mills, the Dangote Group has decided to sell its noodles business to...
Three people who were about to cross an expressway which leads into the Arepo community were sent to their early graves by a Dangote truck driver...
Africa’s richest man and Nigerian billionaire, Alhaji Aliko Dangote on Monday celebrated his 60th birthday with a promise to list all his companies on the stock...
The modest price recovery in the previous three trading sessions broke into a major rally on Tuesday as the stock market reopened to increased bargain-hunting transactions....
After running an all-week negative trading sessions last week, the Nigerian equities market reopened on Monday with a bit of exhaustion as investors await the decision...
In what appears a major point of departure, Africa’s richest man and founder of the Dangote group, Mr. Aliko Dangote and the Nigeria Bureau of Public...
Nigeria’s economic recession has continued to bite harder with the Dangote Group sacking 36 expatriates and 12 Nigerian workers. Dangote group is one of the highest...
Nigerian construction industry woke up on Saturday to an astronomical 60.5 per cent rise in price of cement, going for N2, 600, a bag from N1, 600, in Lagos and more in other parts of the country. Most companies handling construction works...
For the giant of Africa, Nigeria to continue to function as a nation-state and play its role in the comity of nations, urgent step should be...
The Federal Government welcomes a global partnership that would ensure a concerted and focused international response to the humanitarian crisis arising from the insurgency in the...
A sharp decline in the share price of Dangote Cement Plc, Nigeria’s most capitalised quoted company, overshadowed the market situation at the Nigerian stock market, changing...
Nigerian equities recorded net capital loss of N10 billion on Monday as increased bargain-hunting and caution highlighted anxieties over expected worsening inflation rate and weak corporate earnings...
Governor Akinwunmi Ambode on Tuesday received the Togolese President, Mr. Faure Gnassingbe, who is in Nigeria to visit the Dangote Refinery in Lekki Free Trade Zone...
MTN Nigeria will displace Dangote Cement Plc as Nigeria’s largest quoted company as the board of the telecommunication company on Thursday appointed the advisory team and...
Vice President Yemi Osinbajo has said that if fully utilized, the private sector in the country has the wherewithal to move the Nigerian economy forward. According...
The richest man in Africa/President of Dangote Group, Mr. Aliko Dangote, has suffered another major loss of $3.7 billion from his investments both at local and...
Billonaire business man, Aliko Dangote, has said Nigeria loses $1bn (about N197bn) annually due to poor condition of roads in the country. Dangote spoke on Friday...
