By Ayomide Otitoju Dangote Industries Limited has once again been named Nigeria’s most valuable brand, topping the 2025 edition of the Top 50 Brands Nigeria ranking unveiled on Thursday in Lagos. The announcement was made during the Brand Nigeria Leadership Forum held at Eko Atlantic City, where Dangote led with a Brand Strength Measurement (BSM)…
By Ayomide Otitoju The Federal Government and the Manufacturers Association of Nigeria (MAN) have renewed their commitment to tackling challenges in Nigeria’s export sector, revamping the Export Expansion Grant (EEG) scheme, and boosting non-oil exports to drive economic growth. Speaking at the Annual General Meeting of the Manufacturers Association of Nigeria Export Promotion Group (MANEG)…
By Ayomide Otitoju The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, says the 650,000-barrel-per-day Dangote Refinery has begun reshaping Nigeria’s petroleum supply landscape, delivering an average of 20 million litres of fuel daily into the domestic market. Ahmed disclosed this on Thursday in Lagos during the Association of…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL), Sahara Group, Eroton E&P, and Bilton Energy Limited have jointly commissioned Nigeria’s first wholly owned 2.2 million-barrel capacity Floating Storage and Offloading (FSO) vessel, marking a significant milestone in the nation’s oil and gas industry. Named FSO Cawthorne, the facility is Nigeria’s first crude oil…
By Ayomide Otitoju Verdant IMAP has announced its role as sole financial advisor and arranger to Ctrack Holding in the successful completion of a USD 23.4 million (ZAR 406 million) equity raise, led by Sanari Capital and 27four Investment Managers—two leading South African investment firms with strong B-BBEE credentials. The investment will accelerate Ctrack’s global…
By Ayomide Otitoju Aksaya Estates Limited has entered into an agreement with Marriott International to develop the Courtyard by Marriott Nairobi Airport, slated for completion in 2027. The upcoming hotel will be situated at Jomo Kenyatta International Airport (JKIA), Nairobi, enhancing the hospitality offerings at Kenya’s main international gateway and catering to both business and…
By Ayomide Otitoju CS OILFIELD, a Turkey-based specialty oilfield chemicals and technical services company, has reaffirmed its commitment to quality, safety, and operational excellence as a Silver Sponsor at the Africa Energy Week (AEW) 2025, held in Cape Town from September 29 to October 3. With a growing presence in eight African countries, including Nigeria,…
By Ayomide Otitoju Union Bank of Nigeria recently hosted an informal meet-and-greet with top journalists and media executives at its headquarters, Stallion Plaza, Marina, Lagos, in a bid to deepen engagement and strengthen ties with the Nigerian media. The event, held at SpaceNXT—the Bank’s innovation and co-creation hub—offered a relaxed networking platform, allowing open conversations…
By Ayomide Otitoju Fidelity Bank Plc has partnered with the Nigeria Credit Guarantee Company (NCGC) to help micro, small, and medium-sized enterprises (MSMEs) overcome financing challenges by mitigating lender risks through credit guarantees. Speaking on the partnership, an NCGC representative said, “Although MSMEs are key contributors to Nigeria’s economic development, many of them struggle to…
