Business

For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others. The latest report of the TOP 50 BRANDS NIGERIA® rankings, an annual celebration of the most influential and valuable brands in the country, revealed this. Dangote is immediately followed by MTN Nigeria, which ...

…promises no more importation of polypropylene as from October For the first time, Nigerians will gain a clear understanding of the country’s actual fuel consumption, according to Aliko Dangote, President of Dangote Group. This announcement comes as Dangote officially confirmed the rollout of Premium Motor Spirit (PMS), commonly known as petrol, from the world’s largest single-train refinery with a capacity ...

Determined to boost food production and enhance socio-economic development of its host communities, Dangote Cement, Ibese Plant has donated agricultural supplies to local farmers. This initiative is part of the company’s broader empowerment programme designed to ensure food security for the people. In what has become an annual programme, 60 farmers from the 17 host communities of the Cement Plant ...

Billionaire Warren Buffett’s Berkshire Hathaway (BRKa.N),has sold some more shares of Bank of America (BAC.N), over the past few days, raking in $981.9 million, as the conglomerate continues to trim down its stake in the second-largest U.S. lender. Reuters reports that Berkshire has now shed about $5.4 billion worth of Bank of America shares in a string of sales since mid-July. ...

The management of Dangote Cement, Gboko Plant has declared that its host communities are critical stakeholders in its business operations and, as such, their developmental needs are given high priority. Gboko Plant Director, Louis Raj, emphasised the company’s unwavering commitment to the infrastructural and socio-economic development of the host communities. He assured that every segment of the host communities would ...

•Oyetola, Ambrose-Medebem others roll out initiatives to attract, retain investments Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday reiterated his administration’s commitment to continuously create an enabling environment for both local and foreign businesses to thrive in the State. He said the Lagos State Government would continue to implement policies and initiatives that would attract and retain investments. Governor Sanwo-Olu ...

  The Anambra State Government says it is considering floating an airline or partnering with other airlines to meet people’s demands with the aim of strategically keying into the national policy on transportation. The state Commissioner for Transportation, Patricia Igwebuike, made this known at the just-concluded 9th All Nigeria Airport Business Summit and Expo, held in Lagos, according to a ...

 …urges President Tinubu to implement directive on crude supply to Dangote refinery, others The Nigerian Bar Association has called for the full implementation of the directive of President Bola Ahmed Tinubu on the supply of crude to Dangote refinery and modular refineries in the country. Describing the establishment of the refinery as both nationalistic and patriotic endeavour, the umbrella professional association of lawyers, urged the Federal ...

Billionaire industrialist, Oba Otudeko, is in the eye of a storm as a former employee of First Bank of Nigeria Limited, Adesuwa Ezenwa, has accused him of massive fraud during his time as chairman of FBN Holdings Plc, the parent company of the bank. The bank’s managing director/chief executive officer at the time, Bisi Onasanya, was also named in the allegations. ...

United Nigeria Airlines has announced that it has successfully achieved its second IATA Operational Safety Audit (IOSA) certification, reaffirming its commitment to the highest standards of operational safety and excellence. IOSA certification is a globally recognized benchmark for operational safety, and this achievement demonstrates the company’s dedication to maintaining the highest levels of safety and quality in its operations. The ...