FG equity in Dangote, other refineries strategic, will guarantee energy security, stability – Sylva
July 1, 2021 The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government’s decision to acquire 20 per cent equity stake in all private refineries is…
Decision to borrowing to acquire 20% equity in DOR driven by the profit potential of refinery business – NNPC
June 29, 2021 The Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari on Tuesday explained why the national oil company is borrowing to purchase a stake in Dangote…
Dangote, Glo, Konga, Zenith, Access, Flutterwave, others can defend Nigeria’s future
June 21, 2021 A recent survey by a renowned medical journal, The Lancet, predicts that Nigeria may soon become a global power, owing to its favourable population indices. This is…
Cement price hike: We cannot control the price of cement in the open market – Dangote
April 13, 2021 The management of Dangote Cement Plc. says that the price of a bag of cement from its factories and plants in Obajana and Gboko is N2,450, and…
First shipment of Urea from Dangote Fertiliser Plant to begin March – Emefiele
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele has disclosed that the first shipment of Urea from the Dangote Fertiliser Plant would begin in March to help boost…
2021 economic outlook: Rewane projects gradual recovery in domestic economy, positive growth in Q3
Mr. Bismarck Rewane, Chief Executive Officer, Financial Derivatives Company Ltd, says there will be gradual recovery in domestic economy, likely increase in the Diaspora remittances and positive growth in Q3 of…
Border reopening: NSE market capitalisation hits N19trn; Dangote, MTN lead gainers
The Nigerian Stock Exchange (NSE) market capitalisation on Friday nosed up by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which…
DPR recommends use of CNG, LPG as alternatives to petrol, diesel for cars
The Department of Petroleum Resources (DPR) has advised Nigerians to use Compressed Natural Gas (CNG) as an alternative to petrol and diesel in vehicles for cost effectiveness and efficiency. Chief…
Fighting COVID-19: Bill & Melinda Gates Foundation donates $1m to Nigeria
The Bill and Melinda Gates Foundation has donated one million dollars to help Nigeria in the fight against the COVID-19 pandemic. The fund was received on Tuesday by the UN…
Dangote wins World Travel Market Award with CNN commercial
Barely a week after emerging the most admired brand in Africa, Dangote Industries Limited (DIL) has won another award through its television commercial on the Cable Network News (CNN) detailing…