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ADITOP Accuses NUPENG of Extortion, Excessive Levies

By Ayomide Otitoju The Association of Distributors and Transporters of Petroleum Products (ADITOP) has accused the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) of extortion and imposing excessive levies on operators in the downstream oil sector. The allegation follows a vote of no confidence passed on NUPENG’s National President, Comrade (Prince) Williams Akporeha,…

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CG Customs Adeniyi Highlights Reforms as Key to Africa’s Trade Growth

By Ayomide Otitoju The Comptroller-General of Customs, Bashir Adewale Adeniyi, has underscored the role of customs reforms and trade facilitation in boosting Africa’s economic potential and enhancing the competitiveness of exporters globally. Delivering a keynote address on Friday at the Intra-African Trade Fair (IATF 2025) in Algiers, Algeria, Adeniyi said the Nigeria Customs Service (NCS),…

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Nigerians Back Dangote Refinery Against NUPEN

By Ayomide Otitoju Nigerians on social media have rallied in support of the Dangote Petroleum Refinery following opposition from the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) over the refinery’s plan to deploy 4,000 Compressed Natural Gas (CNG)-powered trucks for fuel distribution. NUPENG recently threatened a nationwide strike in protest against the initiative,…

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Dangote Urges Africa to Industrialise, Deepen Intra-Trade

By Ayomide Otitoju President of Dangote Industries Limited, Aliko Dangote, has called on African nations to harness internal strengths and global opportunities to drive industrialisation, deepen intra-continental trade, and build stronger regional value chains as a safeguard against global economic instability. Speaking at the company’s Special Day at the ongoing 4th Intra-African Trade Fair (IATF)…

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Stanbic IBTC Unveils 2025 Scholarship for 200 UTME Top Performers

By Ayomide Otitoju Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has unveiled the 2025 edition of its University Scholarship Programme, pledging full-tuition awards to 200 outstanding students who excel in the Unified Tertiary Matriculation Examination (UTME). The initiative represents an investment of ₦160 million in Nigeria’s educational sector. In addition to covering…

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Sanwo-Olu to Lead Lagos Team to 2025 Fidelity Trade Forum in Atlanta

By Ayomide Otitoju Fidelity Bank Plc has confirmed that Lagos State Governor, Mr. Babajide Sanwo-Olu, will lead the state’s delegation to the 2025 edition of the Fidelity Nigeria International Trade and Creative Connect (FNITCC) scheduled to hold in Atlanta, United States. In a statement issued over the weekend, the bank said Governor Sanwo-Olu would use…

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