Julius Berger Reaffirms Resilience and Long-Term Value at 2025 Investors Forum Julius Berger Nigeria Plc, the nation’s leading engineering construction powerhouse, reaffirmed its reputation as an investment-grade company at its 2025 Investors Forum, held virtually on June 24. The Forum was notably the first hosted by the Company’s new Managing Director, Engr. Dr Peer Lubasch, who assumed leadership in October 2024. Alongside Executive Director Finance, Mr Christian Hausemann, Dr Lubasch presented a compelling update on the company’s financial …
Dangote Refinery reduces ex-depot price by N40 as more marketers join partnership deal With assurance of steady supply of petroleum products, more independent marketers have joined the growing list of distributors retailing Dangote Refinery’s high-quality petroleum products across the country. New marketers signed on the partnership deal with Dangote Refinery just as the Refinery management announced a reduction in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N880 to N840 per litre. The new pricing took eff…
Nigerian Idol Season 10 Sponsored by Bigi Enters Final Stretch with Top 4 Finalists The excitement is reaching a fever pitch as Nigerian Idol Season 10 draws closer to its grand finale , proudly refreshed by Bigi, Nigeria’s leading range of bold and refreshing world-class quality soft drinks. With just two weeks left to crown the next Nigerian idol, last night’s live show delivered powerful moments, emotional performances, and a bittersweet goodbye. Themed “Naijashow and Motown” , the Top 5 contestants delivered two songs each , a dynam…
Stanbic IBTC Bank Nigeria PMI: Output growth slows but business confidence rises sharply The Nigerian private sector remained in growth territory as the first half of 2025 drew to a close, and business confidence improved markedly in June. That said, rates of expansion in output, new orders and purchasing eased from May. Although rates of inflation remained relatively sharp, there were further signs of cost pressures softening and companies raised their output prices at the slowest pace in just over two years. The headline figure derived fro…
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 ... 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 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…
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