Dangote Refinery sets to become the largest in the world with 1.4m bpd capacity … Commends Tinubu’s reforms, projects $55bn annual revenue … Plans NGX listing to empower Nigerians President of Dangote Industries Limited, Aliko Dangote, has explained that the decision to expand the Dangote Petroleum Refinery from 650,000 barrels per day (bpd) to 1.4 million bpd is driven by emerging opportunities across Africa, growing regional demand for cleaner fuels, and Nigeria’s evolving policy environment that encourages local refining. DSC4487: L-R: Pres…
FirstBank Sparks Global Kindness with 2025 Corporate Responsibility and Sustainability Week Lagos, 26 October 2025 - FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is proud to announce the commencement of its 2025 Corporate Responsibility and Sustainability (CR&S) Week, scheduled to hold from 27 October - 1 November 2025. Now in its ninth year, the annual event is a reflection of the Bank’s commitment to community empowerment, environmental stewardship, and the advancement of the Unite…
Aliko Dangote Foundation (ADF), Launches National Initiative to Promote Fermented Foods for Nutrition and Food Security DSC5336: L-R: Institute of Agriculture and Training, Obafemi Awolowo University, Prof. Veronica Obatolu; Africa Adviser, Sight and Life, Dr. Mairo Mandara; Managing Director/CEO, Aliko Dangote Foundation, Zouera Youssoufou; Director of Health & Nutrition, Aliko Dangote Foundation, Dr. Francis Aminu; at the Aliko Dangote Foundation / Sight and Life, Roundtable on "Promotion of Production & Consumption of Ferm…
Stanbic IBTC Bank rewards 78 savers with ₦16 million in sixth monthly and second quarterly draws Stanbic IBTC Bank remains committed to putting smiles on the faces of its customers by enhancing their financial well-being. At the bank’s recent Reward4Saving Season 4 Promo combined draw, 78 savers emerged as joint winners of ₦16 million. The milestone event combined the sixth monthly draw with the second quarterly draw for this season. The initiative continues to turn everyday savings into meaningful rewards while inspiring more Nigerians t…
Access Holdings Delivers ₦320.6 Billion Profit Before Tax in H1 2025 Access Holdings Plc (“the Group” or “the Company”) has delivered a profit before tax (PBT) of ₦320.6 billion for the half year ended June 30, 2025, a demonstration of its strategy, diversified growth model, and execution. Profit after tax (PAT) stood at ₦215.9 billion, underscoring the Group’s ability to consistently generate sustainable returns amid a challenging macroeconomic environment. Access Holdings recorded gross earnings of ₦2.5 trillion, a 13.8% increase from ₦…
“It’s Unpatriotic To Make Wealth In Africa And Store It Abroad,” Says Tony Elumelu Tony Elumelu, Chairman of Heirs Holdings and other fortune companies, has called on African investors to retain and reinvest their wealth within the continent, describing the act of moving capital abroad as unpatriotic and detrimental to Africa’s long-term development. Speaking at the 2025 Abuja Business and Investment Summit, Elumelu said the continent’s growth depends on the commitment of its own entrepreneurs and investors to believe in Africa’s potential …
Polaris Bank restates support for SMEs growth in Nigeria with launch of 'EveryDay supermarket' Yenegoa Branch Bayelsa, Nigeria, October 24th : Polaris Bank has reaffirmed its commitment to supporting small and medium-scale enterprises (SMEs) and driving economic growth in Nigeria’s South-South region with the commissioning of the new 'Everyday Supermarket' Yenagoa Store. The grand opening, which took place yesterday at Bay Bridge Junction on the Kpansia-Epie Expressway, Bayelsa State , marks the retail chain’s entry into the …
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