By Ayomide Otitoju Dangote Cement Plc says it has paid shareholders more than N3.3 trillion in dividends over the past 15 years, alongside strong capital appreciation of its stock on the Nigerian Exchange (NGX). The disclosure was made on Wednesday during the company’s “Facts Behind the Figures” presentation at the NGX, led by its new…
By Ayomide Otitoju Every December, Nigeria comes alive with music, theatre, and festivals, and FirstBank has positioned itself at the heart of the celebration through its DecemberIssaVybe (DIAV) campaign. Launched in 2018, the initiative has grown into one of the country’s most anticipated cultural platforms, giving Nigerians access to premium entertainment, supporting the creative industry,…
By Ayomide Otitoju The Nigerian naira extended its rally against the US dollar on Tuesday, sharply narrowing the exchange rate gap between the official and parallel markets. The currency’s performance came as the US dollar index weakened globally, following expectations that the Federal Reserve may cut interest rates after a disappointing US jobs report. In…
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,…
By Ayomide Otitoju Fidelity Bank Plc has extended its flagship Corporate Social Responsibility (CSR) programme, the Fidelity Food Bank Initiative, to Anambra State, distributing essential food supplies to more than 2,000 vulnerable residents in Awka. The two-day outreach, held at St. Patrick’s Cathedral of the Catholic Diocese of Awka and at Emmaus House of the…
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),…
By Ayomide Otitoju The search for Nigeria’s next Afrobeats sensation began on Friday as MTN’s new talent show, Next Afrobeats Star (NAS), opened its regional auditions at Ultima Studios in Lagos. By 5 a.m., aspiring artists from across the country had gathered at the venue, some traveling in from other states, all eager to showcase…
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,…
By Ayomide Otitoju Ecobank Nigeria, a subsidiary of the pan-African banking group, has announced the second edition of its flagship Design & Build showcase. The five-day event, themed “How We Build, How We Live,” will take place from September 24 to 28, 2025, at the Ecobank Pan African Centre (EPAC), Victoria Island, Lagos. It will…
