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…
FirstBank Wins Gold for Best Corporate University in Social & Climate Change Impact
FirstBank Wins Gold for Best Corporate University in Social & Climate Change Impact Lagos, June 24, 2025– FirstBank, the West Africa premier bank and financial inclusion services provider, is thrilled to announce that its Corporate University, FirstAcademy, has been awarded the Gold Award for Best Corporate University in Social & Climate Change at the Global Council of Corporate Universities (GlobalCCU) Awards 2025. This highly acclaimed award recognises FirstAcademy's outstanding commitment to driving social and climate change le…
Bigi Refreshes Nigerian Idol's Top 5 for Unforgettable Showstopper Night
Bigi Refreshes Nigerian Idol's Top 5 for Unforgettable Showstopper Night The Nigerian Idol Season 10 took a thrilling turn on Sunday with the highly anticipated Showstopper Edition, proudly sponsored by Bigi , the go-to refreshing soft drink brand loved by millions. With just five contestants remaining in the competition, the night was nothing short of unforgettable : a perfect blend of music, passion and showmanship. Hosted live on Africa Magic, the Showstopper Edition brought high-octane energy to the stage as the top five contesta…
World Environment Day: Stakeholders at Unity Bank Webinar Demand Urgent Action on Plastic Pollution
World Environment Day: Stakeholders at Unity Bank Webinar Demand Urgent Action on Plastic Pollution A slew of discarded plastics washes ashore, littering the beachfront and highlighting the growing environmental toll of unchecked plastic pollution. Environmental activists and climate change advocates seized the opportunity of a webinar hosted by Unity Bank to call for urgent and coordinated action to tackle Nigeria’s growing plastic pollution crisis, describing it as one of the greatest environmental threats facing the country today. The ca…
Dangote Cement EBITDA crosses N1 trillion mark as Shareholders smile home with N30 dividend per share
Dangote Cement EBITDA crosses N1 trillion mark as Shareholders smile home with N30 dividend per share For the first time since its inception, Dangote Cement Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached an all-time milestone of N1,382.0 billion, crossing the N1 trillion mark, an increase of 56 per cent. In the same vein, Earnings per share also increased by 12.3 per cent to N29.74 as against 2023’s record of N26.47. Unanimously, the shareholders approved a dividend payout of N30 per share to all i…
2024: Dangote Cement spends N13.2 Billion on CSR; pays N502.6 Billion as dividends
2024: Dangote Cement spends N13.2 Billion on CSR; pays N502.6 Billion as dividends DSC2136: L-R: Independent Non-Executive Director, Dangote Cement Plc, Emmanuel Ikazoboh; Chairman, Dangote Cement Plc, Aliko Dangote; Group Managing Director/CEO, Dangote Cement Plc, Arvind Pathak; Independent Non-Executive Director, Dangote Cement Plc, Dorothy Udeme Ufot, SAN; Non-Executive Director, Dangote Cement Plc, Abdu Dantata; Non-Executive Director, Dangote Cement Plc, Olakunle Alake, at the 16 th Annual General Meeting of Dangote Cement Plc in La…
GTCO Hits N2.9T As Investors Eye Bank With Unrestricted Dividend
GTCO Hits N2.9T As Investors Eye Bank With Unrestricted Dividend GTCO Plc soared on investors’ confidence, which pushed its market value to about N2.9 trillion at the close of the trading session on Friday. The financial services holding company’s stock market price surged by 21.3% as foreign and local investors increased their positions, eyeing banking stock with unrestricted dividend payment ahead of the second quarter earnings season. The banking index saw intermittent but sharp selloffs last week following a directive that stopped banks…
Fidelity Bank Uplifts Old People's Home with Essential Items Donation
Fidelity Bank Uplifts Old People's Home with Essential Items Donation L-R: Member, Nexus 2025 Inductee Class, Grace Bamigboje; Caregiver, Old People’s Home, Mrs Kebbi Orinowu; and Products Marketing Partner, Fidelity Bank Plc, Tolulope Rojaiye; at the Fidelity Helping Hands Programme Donation to Old People’s Home, Yaba, Lagos State recently. Leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to corporate social responsibility with the donation of food and essential items to the Old People’s Home in Yaba, Lagos. …
Fidelity Bank Supports Quality Education delivery in Bauchi
Fidelity Bank Supports Quality Education delivery in Bauchi …Delivers Renovated Classrooms at Historic School L-R: Team Lead, Corporate Social Responsibility, Fidelity Bank Plc, Victoria Abuka; Commissioner for Education, Bauchi State, Dr. Lawal Mohammed; Permanent Commissioner Bauchi SUBEB, Alh. Ishiaku Azare; and the Relationship Manager, Fidelity Bank, Bauchi State, Ibrahim Aliyu Representing the Regional Bank Head, Northeast Region, Dr Musa Tarimbuka; during the commissioning of a renovated three blocks of seven classrooms at Kobi Gover…
Fidelity Bank ED, Kevin Ugwuoke takes over as President of Risk Managers Association
Fidelity Bank ED, Kevin Ugwuoke takes over as President of Risk Managers Association L-R: Registrar/Chief Executive, Chartered Risk Management Institute of Nigeria (CRMI), Victor Olannye; Divisional Head, Risk Management Securities and Exchange Commission (SEC), Grace Abioye; Immediate Past President, CRMI, Ezekiel Oseni; President, CRMI and Executive Director/Chief Risk Officer, Fidelity Bank Plc, Kevin Ugwuoke; Director, Enterprise Risk Management, Nigeria Deposit Insurance Corporation (NDIC), Amal Haruna; and Rep. Keynote speaker, Deputy Gr…
Half-Time, Rain Time, Screen Time – Why Your June Should Belong to GOtv
Half-Time, Rain Time, Screen Time – Why Your June Should Belong to GOtv June is here, and that means two things: the rains are back, and so is the perfect excuse to get cozy indoors with premium screen time. Whether you’re a drama lover, a reality TV regular, or still recovering from football season, GOtv has your entertainment sorted. From midweek international clashes to royal drama in Zulu land, from the return of Big Brother Naija stars stirring things up at the reunion to powerhouse vocals on Nigerian Idol , this month’s lineup isn’t j…
.gif)
Social Plugin