By Ayomide Otitoju In a bid to mitigate hunger among vulnerable populations, the Aliko Dangote Foundation (ADF) last week commenced the distribution of 10,000 bags of rice, each weighing 10 kilograms, to disadvantaged households, including people with disabilities and the less privileged in Cross River State. The distribution, part of ADF’s National Food Intervention Programme,…
By Ayomide Otitoju Dangote Petroleum Refinery and Petrochemicals has formally withdrawn its ₦100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian National Petroleum Company Limited (NNPCL), and five other petroleum companies. The case, filed at the Federal High Court in Abuja, was discontinued following a notice submitted by Dangote’s legal…
By Ayomide Otitoju FirstBank, West Africa’s premier financial institution, has been named Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the 2025 Euromoney Awards for Excellence. The recognition, announced at a ceremony in London, marks the bank’s second consecutive win in the category and reaffirms its leadership in sustainable finance and responsible banking….
By Ayomide Otitoju Nestlé Nigeria has extended its Empowering Rural Women in Nigeria initiative to Agbara, onboarding 49 new female retailers in its effort to boost small businesses and livelihoods in underserved communities. The expansion brings the total number of beneficiaries to 431 women nationwide since the program began in 2021. Speaking at the launch…
The European Commission has opened an investigation into the €12 billion acquisition of German chemical firm Covestro by Abu Dhabi National Oil Company (ADNOC), raising concerns over potential market distortion from foreign subsidies. In a statement Monday, the Commission said it was concerned that financial support from the United Arab Emirates may have unfairly influenced…
By Ayomide Otitoju Telecoms giant Globacom has announced a comprehensive rollout of network infrastructure upgrades aimed at improving connectivity and service quality nationwide. The company is deploying hundreds of new base stations and expanding 4G LTE coverage to underserved areas. It is also relocating fibre infrastructure in regions affected by road construction, including Lafia-Akwanga and…
By Ayomide Otitoju Union Bank of Nigeria reaffirmed its commitment to inclusive education by participating in the graduation ceremony of the Pacelli School for the Visually and Partially Sighted in Lagos on July 23. The event celebrated the academic achievements of visually impaired students, with the bank’s Chief Brand and Marketing Officer, Olufunmilola Aluko, commending…
By Ayomide Otitoju The Centre for Energy Governance and Accountability (CEGA) has lauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for securing presidential approval of 37 new crude oil evacuation routes, describing the move as a significant step in the fight against oil theft and a major boost to investor confidence in Nigeria’s petroleum sector….
By Ayomide Otitoju The Board and Management of Access Bank Tanzania, led by Chairman Protase Ishengoma, on Friday presented the prestigious “Power of 100 Africa Women” award to President Samia Suluhu Hassan, recognising her transformational leadership and commitment to inclusive development. The award was presented during a courtesy visit to the State House, where Ishengoma…
