Business

  Nigeria’s leading airline, Air Peace, says it has reported the Federal Competition and Consumer Protection Commission (FCCPC) to the presidency following reports that the commission is investigating it over exploitative fares. The Chief Operating Officer (COO) of Air Peace, Oluwatoyin Olajide, made this known at a press conference held on Friday in Lagos. She expressed her displeasure over FCCPC’s ...

Shell companies in Nigeria are among more than 700 oil and gas entities taking part in the 13th edition of the Practical Nigerian Content forum in Yenagoa, where they restated their commitment to the development of Nigerian companies through contract awards and scaling up of expertise. The four-day conference with the theme “Deepening the Next Frontier for Nigerian Content Implementation” ...

The huge investment by Dangote Sugar Refinery in the Sugar Backward Integration Policy (BIP) of the federal government has been hailed by the National Directorate of Employment (NDE), which described its job creation potential as humongous. Director-General of NDE, Silas Agara, who commended the Chairman of the Company, Aliko Dangote, during his visit to Dangote Group pavilion at the ongoing ...

Aba Power Electric Ltd, Nigeria’s newest electricity distribution company, is working towards obtaining more natural gas supplies from its partners to increase electricity to nine of the 17 local government areas (LGAs) in Abia State it services as the Transmission Company of Nigeria (TCN) starts the regular services of the Alaoji-Aba 132kv line. A statement this morning by Ugo Opiegbe, ...

The Ogun State Chamber of Commerce, Industry, Mines, and Agriculture (OGUNCCIMA) has praised the monumental contributions of Dangote Refinery to Nigeria’s economy and its role in revitalizing the private sector. This flagship industrial project has not only reshaped the country’s energy landscape but has also created opportunities for private enterprises and driven sustainable economic growth. Speaking on behalf of OGUNCCIMA, ...

The festive season is approaching, so consumers are preparing to splurge on a holiday and spend hard-earned money on much-needed items. But how are Nigerian consumers spending their cash? New insights from Aleph Group, a leader in the digital and technology fields, reveal insights into the trends of the Nigerian consumer as the busy season beckons. “The peak shopping season ...

…Dangote Cement, Refinery win Sectoral, Groundbreaking investment awards  In a blitz of honour, the Pan-Africa Conglomerate, Dangote Industries Limited (DIL), and its subsidiaries Dangote Cement Plc and Dangote Refinery and Petrochemicals stole the show at the weekend in Lagos when they carted away excellence awards bestowed by the private sector employers’ body, Nigeria Employers Consultative Association (NECA) during its 2024 ...

A total of 9,000 youths in the Niger Delta have acquired entrepreneurial skills in the LiveWIRE programme of The Shell Petroleum Development Company of Nigeria Limited (SPDC) since it was introduced in 2003 as part of efforts to boost employment opportunities among people aged 18 – 35 years. The recipients were trained and supported with start-up grants and business mentorship ...

Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS), popularly known as Petrol for marketers. In a statement on Sunday, the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, said the price was slashed from N990/litre to N970/litre “to appreciate the good people of Nigeria”. Chiejina’s statement partly reads, “As the year comes ...

Air Peace, Nigeria’s premier airline and West Africa’s largest carrier, collaborated with The Boeing Company, a leading global aerospace company in the US, and Cranfield University, a specialist postgraduate university in the UK with world-class expertise, large-scale facilities and unrivalled industry partnerships that create leaders in technology and management globally, to fortify safety culture and operational excellence at Air Peace ...