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Dangote Refinery says ex‑depot price remains unchanged
Dangote Refinery says ex‑depot price remains unchanged Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains same, stating that its ex‑depot price remains unchanged. The Refinery by sustaining it’s current prices is reaffirming its commitment to supporting stability in the domestic energy market and cushioning the wider economy against external shocks. By absorbing prevailing cost pressures, the refinery continues to help moderate inflationary risks, promote energy affordability…
ZENITH BANK APPOINTS ENGR. MUSTAFA BELLO AS CHAIRMAN AT ANNUAL GENERAL MEETING
ZENITH BANK APPOINTS ENGR. MUSTAFA BELLO AS CHAIRMAN AT ANNUAL GENERAL MEETING Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been approved by the Central Bank of Nigeria (CBN) and ratified by shareholders at the Annual General Meeting held on May 5, 2026. Engr. Bello’s appointment represents a strategic step to ensure the continuity, stability, and sustained effectiveness of the Board, while reinforcing the high standards of cor…
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Over 450 homes disbursed as Stanbic IBTC redefines home ownership in Nigeria
Over 450 homes disbursed as Stanbic IBTC redefines home ownership in Nigeria Stanbic IBTC is strengthening its position as a trusted leader in home financing in Nigeria through its ongoing partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF). The organisation’s Banking business continues to help professionals, entrepreneurs, and married couples in Nigeria and the diaspora achieve homeownership with greater ease and confidence. In a market where housing supply significantly lags demand and traditional mort…
BANKING BEYOND THE BALANCE SHEET: UNION BANK'S ASBON RECOGNITION AND NIGERIA'S SMALL BUSINESS ECONOMY
BANKING BEYOND THE BALANCE SHEET: UNION BANK'S ASBON RECOGNITION AND NIGERIA'S SMALL BUSINESS ECONOMY From left: President, Association of Small Business Owners of Nigeria (ASBON), Dr. Femi Egbesola and Head, SME Segment, Union Bank of Nigeria, Mr. Ayokunnumi Abraham during the presentation of the Best Bank for SME Growth Banking Initiative Award, 2025, to Union Bank of Nigeria at the 6th Nigeria National SME Business Awards (NNSBA), held on April 30, 2026, at the Rotary Centre, Ikeja, Lagos Union Bank of Nigeria has been named winner …
Polaris Bank Supports the Launch of NACCIMA Call Center to Drive Growth for Nigerian Exporters
Polaris Bank Supports the Launch of NACCIMA Call Center to Drive Growth for Nigerian Exporters Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris Bank, presents office equipment for takeoff and smooth operation of NACCIMA Export Support Centre in Lagos recently. Polaris Bank, Nigeria’s leading digital retail and commercial bank, has proudly facilitated the launch of the NACCIMA Export Support Call Center, a vital initiative designed to provide comprehensive support to Nigerian exporters, especially those operating in t…
Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA
Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA President/CE: L-R: CEO, Norges Bank Investment Management (NBIM), Nicolai Tangen and President/CE, Dangote Industries Limited, Aliko Dangote during a meeting at a fireside chat session in Norway Dangote Cement Plc has recorded a strong performance in the first quarter of 2026, growing its cement and clinker exports from Nigeria by 71.6 per cent, as the Group’s total installed production capacity reached 55 million tonnes per annum (MTA) across Africa. During the period under…
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APC Oyo Congratulates Tegbe on Ministerial Nomination, Expresses Confidence in Power Sector Reforms
APC Oyo Congratulates Tegbe on Ministerial Nomination, Expresses Confidence in Power Sector Reforms Ibadan, May 4, 2026 — The Oyo State Chapter of the All Progressives Congress (APC) has congratulated Chief Joseph Olasunkanmi Tegbe on his nomination as Nigeria’s Minister of Power, describing the development as well-deserved and timely, given the country’s pressing need for sustained reforms in the energy sector. In a statement jointly signed by the State Chairman, Chief Moses Adeyemo Alake, and the State Secretary, Hon. (Barr.) Fatai Adesina, …
Power, people, and finance emerge as critical levers for SME scale at Nigeria Business Summit 2026
Power, people, and finance emerge as critical levers for SME scale at Nigeria Business Summit 2026 Small and medium‑sized enterprises (SMEs) will only scale sustainably if Nigeria confronts structural constraints around power, skills, and access to finance according to panelists at the Nigeria Business Summit 2026, during a session titled ‘The SME Economy: Advancing Trends and Opportunities’. The session brought together perspectives from business operators, policymakers, and SME development institutions to examine why many enterprises re…
2027 AND BEYOND, IS OWO PLAYING POLITICS OF SELF-DIMINISHING?
2027 AND BEYOND, IS OWO PLAYING POLITICS OF SELF-DIMINISHING? The recent story about a supposed battle between Owo and Ose for the federal constituency seat, though faintly covered and poorly presented, appears to be a contrived and hypocritical narrative, likely sponsored by certain vested interests. Despite being framed as a collective agitation from the people of Ose, the story is nothing more than a thinly veiled political campaign that should have been ignored for its shallowness. However, allowing such falsehoods to go unchallenged risks…
Coinage Fund Management Ltd Secures SEC Approval, Positions to Redefine Wealth Creation and Portfolio Management in Nigeria
Coinage Fund Management Ltd Secures SEC Approval, Positions to Redefine Wealth Creation and Portfolio Management in Nigeria Lagos, Nigeria — Coinage Fund Management Ltd (“Coinage Fund”), an Africa-focused investment management firm, has officially received approval from the Securities and Exchange Commission (SEC) Nigeria to operate as a Fund/Portfolio Manager. This milestone marks a significant step in the company’s mission to democratize access to professional wealth management and reshape the future of investment advisory across Nigeria an…
Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu
Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless. In a statement issued by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company said neither Dangote nor the Group made the claims attributed to them, stressing that the publication misrepresents both personal and corporate positions. The Group also re…
WEMA BANK CELEBRATES 81ST ANNIVERSARY AND 9TH ANNIVERSARY OF ALAT
WEMA BANK CELEBRATES 81ST ANNIVERSARY AND 9TH ANNIVERSARY OF ALAT …Set to Reward Hundreds of Customers, Launch 5 for 5 Season 5 Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has simultaneously marked its 81st anniversary and the 9th anniversary of ALAT on Saturday, May 2nd, 2026. Adopting a different approach from its grand 80th anniversary celebration in 2025, Wema Bank is set to celebrate its 81st anniversary this year by giving back to its customers. The Bank’…
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Access Holdings Delivers Over ₦1 Trillion PBT, Signals Strategic Shift from Scale to Value
Access Holdings Delivers Over ₦1 Trillion PBT, Signals Strategic Shift from Scale to Value Lagos, Nigeria – April 30, 2026: Access Holdings Plc has reported audited results for the financial year ended December 31, 2025, which marks a significant turning point in its corporate journey as it shifts from a growth model defined by scale to one increasingly anchored on value creation, efficiency, and earnings quality. The Group delivered a resilient performance during the year, navigating a transitional operating environment while demonstrating t…
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NCSP Marks Workers’ Day with a Call for Dignity, Collaboration, and Shared Prosperity
NCSP Marks Workers’ Day with a Call for Dignity, Collaboration, and Shared Prosperity As Nigeria joins the rest of the world to commemorate International Workers’ Day 2026, the Nigeria–China Strategic Partnership (NCSP) is celebrating the people whose hard work, resilience, and expertise continue to drive economic transformation, innovation, and stronger bilateral cooperation between Nigeria and China. emphasized that this year’s commemoration goes beyond celebrating labour; it serves as a reminder that sustainable growth and long-term develop…
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Rite Foods Celebrates Employees on Workers’ Day, Reaffirms Commitment to Its People
Rite Foods Celebrates Employees on Workers’ Day, Reaffirms Commitment to Its People Rite Foods Limited, Nigeria’s leading food and beverage company, is joining millions around the world to celebrate International Workers’ Day 2026, recognizing the resilience, dedication, and everyday contributions of Nigerian workers. This year’s theme, “Empowering Workers in a Changing World,” speaks to an important reality that people remain at the center of every meaningful success story. For Rite Foods, it is also a reminder that behind every product, inno…
People First — JMG Celebrates Workforce, Powering Innovation and Progress
People First — JMG Celebrates Workforce, Powering Innovation and Progress As the world marks International Workers’ Day 2026, JMG Limited is celebrating the people behind its success, recognising its workforce as the driving force powering innovation, operational excellence, and sustainable growth. In line with the global focus on the value of work and the role of people in building resilient economies, JMG highlighted the importance of skills, dedication, and collaboration, in delivering impact across industries. Nigeria’s leading integrat…
Promasidor Nigeria Celebrates Workers’ Day, Honours Employees Driving Growth and Impact
Promasidor Nigeria Celebrates Workers’ Day, Honours Employees Driving Growth and Impact Promasidor Nigeria, one of the leading players in Nigeria’s fast-moving consumer goods industry, has celebrated Workers’ Day 2026 by recognising the dedication, resilience, and contributions of its employees, whom it describes as the foundation of the company’s growth and continued success. As workers around the country celebrate, Promasidor Nigeria reaffirmed its commitment to building a workplace where people feel supported, valued, and inspired to grow. …
Nigerians Commend Tinubu’s Nomination of Tegbe as Power Minister, Cite Track Record delivering results
Nigerians Commend Tinubu’s Nomination of Tegbe as Power Minister, Cite Track Record delivering results The nomination of Joseph Olasunkanmi Tegbe as Minister of Power by President Bola Ahmed Tinubu has drawn widespread commendation from stakeholders across Nigeria’s business and policy landscape, with many describing the move as a strategic step toward revitalizing the country’s power sector. Tegbe, who currently serves as Director-General of the Nigeria–China Strategic Partnership (NCSP) and Chairman of the National Tax Policy Implementation …
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