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Energy experts say Dangote’s initiative will reduce production costs, ease inflationary pressures, and stimulate economic growth
Energy experts say Dangote’s initiative will reduce production costs, ease inflationary pressures, and stimulate economic growth The new initiative of the Dangote Petroleum Refinery has continued to draw accolades from energy experts in the country, with some describing it as the best that has happened to the sector since Independence. The Chief Executive of Financial Derivatives Company, Bismarck Rewane, said the company’s free distribution initiative will reduce production costs, ease inflationary pressures, and stimulate economic growth…
Dangote’s Investment of N720bn on CNG Trucks to save Nigerians N1.7trn
Dangote’s Investment of N720bn on CNG Trucks to save Nigerians N1.7trn ... To lift 42m MSMEs ...Presidency, IPMAN, experts hail bold move Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion annually in fuel distribution costs. The initiative…
Oloibiri oil Museum and Research Centre: Excitement as NCDMB hands over Oloibiri Museum site to Julius Berger
Oloibiri oil Museum and Research Centre: Excitement as NCDMB hands over Oloibiri Museum site to Julius Berger Stakeholders in the Oloibiri Oil Museum and Research Centre, OMPRC project were excited last week as the Nigerian Content Development and Monitoring Board, NCDMB formally handed over construction work on the long-awaited Centre in Otuabagi, Ogbia Local Government Area of Bayelsa State, to top notch engineering construction company, Julius Berger Nigeria PLC. The development which signalled the completion of all preparatory formali…
Bloom Weekend 2025 - Celebrating Growth, Strength, and New Possibilities at the Empowerment Event
Bloom Weekend 2025 - Celebrating Growth, Strength, and New Possibilities at the Empowerment Event At the Stanbic IBTC Bloom Weekend 2025 which was themed: "Bloom into More", thousands of female entrepreneurs, professionals, and leaders gathered to forge connections, sharpen their business and leadership skills, and unlock new opportunities for growth and success. Day-one kicked off with an energetic media parley at Harbour Point, Victoria Island, Lagos, on Friday, 20 June 2025 and was then followed by a robust Entrepreneurial…
Governor Soludo to Unveil World-Class Solution Fun City with Anambra Mega Fest
Governor Soludo to Unveil World-Class Solution Fun City with Anambra Mega Fest Anambra State, the Light of the Nation, is set to beat to a thrilling new rhythm on Saturday, 28th June 2025, as Governor Charles Soludo will formally unveil the magnificent, sprawling Solution Fun City in Awka. Tagged 'Anambra Megafest,' the grand opening of the Solution Fun City promises to be an electrifying blend of music, dance, comedy, and general entertainment, featuring performances by a stellar lineup of star musicians and comedians, all celebrating…
INEC Chairman, Prof. Mahmood Yakubu, Commends Governor Soludo for Significantly Improving Security in Anambra
INEC Chairman, Prof. Mahmood Yakubu, Commends Governor Soludo for Significantly Improving Security in Anambra The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has lauded Governor Charles Soludo for his security initiatives, which have led to a remarkable improvement in the safety of the people and the peace being experienced in Anambra State. Prof. Yakubu made this announcement during his opening remarks at the second quarterly consultative meeting with political parties held at the INEC Conference Ro…
Over 40 Partners Align with UN and Sterling One Foundation for Africa’s Policy Reset
Over 40 Partners Align with UN and Sterling One Foundation for Africa’s Policy Reset L–R: Mohamed Malick Fall, Assistant Secretary-General and United Nations Resident and Humanitarian Coordinator in Nigeria; Olapeju Ibekwe, CEO, Sterling One Foundation; and Abubakar Sulieman, MD/CEO, Sterling Bank, at the recently held Africa Social Impact Summit 2025 World Press Conference at the United Nations House, Abuja. Lagos, Nigeria – Ahead of the Africa Social Impact Summit (ASIS) 2025, scheduled for July 10 and 11 in Lagos, co-conveners Sterling One …
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