By Ayomide Otitoju The Dangote Petroleum Refinery has refuted reports of an operational shutdown, assuring that production and truck loading remain uninterrupted. In a statement by Group Chief Branding and Communications Officer Anthony Chiejina, the refinery described the claims as “false” and reaffirmed its daily supply of over 40 million litres of Premium Motor Spirit…
By Ayomide Otitoju The Dangote Petroleum Refinery has begun receiving 4,000 Compressed Natural Gas (CNG) trucks as part of a ₦720 billion fuel distribution program set to launch on August 15, 2025. The initiative aims to cut logistics costs, improve supply efficiency, and promote cleaner energy by delivering petrol and diesel directly to filling stations,…
By Ayomide Otitoju TotalEnergies has emphasised that Nigeria’s long-term energy sustainability will depend not only on hydrocarbons but also on deliberate human resource development. Deputy Managing Director, Deepwater Asset, TotalEnergies EP Nigeria, Victor Bandele, made this point on Wednesday during a panel session themed “Governance and Structuring Human Resources Strategy for a Sustainable Energy Future”…
By Ayomide Otitoju Oando PLC has announced the appointment of Folasade Ibidapo-Obe as its new Chief Compliance Officer and Company Secretary, effective August 8, 2025. She succeeds Ayotola Jagun. A dual-qualified lawyer in Nigeria and Canada, Ibidapo-Obe brings nearly two decades of experience in corporate governance, regulatory compliance, and company secretarial practice. She holds a…
By Ayomide Otitoju The Lagos State Government has directed operators of hotels, event centres, nightclubs, and other hospitality businesses to obtain approval from both the Lagos State Parking Authority (LASPA) and the Lagos State Traffic Management Authority (LASTMA) for parking and traffic management. In a joint statement on Thursday, LASPA General Manager, Adebisi Adelabu, and…
By Ayomide Otitoju The African Development Bank (AfDB) has announced that Phase 2 of its Special Agro-Industrial Processing Zones (SAPZ) initiative, covering 28 Nigerian states, will commence in September 2025. Outgoing AfDB President, Dr. Akinwumi Adesina, disclosed this while presenting a paper at the 2025 Standard Chartered Bank Africa Summit held in Lagos. He noted…
By Ayomide Otitoju FirstBank has reaffirmed its commitment to inclusive financial innovation with its sponsorship of the Canada-Africa Fintech Summit (CAFS 2025), held from August 5–8 at the Sheraton Centre, Toronto. Organised by Dr. Segun Aina, President of the African Fintech Network, the summit brought together fintech leaders, regulators, investors, and startups from Africa and…
By Ayomide Otitoju Access Bank has reaffirmed its commitment to youth empowerment and digital innovation by sponsoring the fifth edition of STEM Africa Fest, which drew over 3,000 children to the Landmark Event Centre, Lagos. Themed “AI for Good: Solving Real-World Problems,” the event featured interactive zones spanning artificial intelligence, robotics, renewable energy, electric vehicles,…
By Ayomide Otitoju Nigerian fintech firm OPay is facing mounting scrutiny following a wave of fraud allegations, frozen accounts, and legal battles between January and July 2025. Among the high-profile cases is a ₦95 million fraud-related contempt charge against OPay Director Wuritka Dauda, who allegedly ignored a court order. Another involves the Osun State High…
