By Ayomide Otitoju The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over a ₦75 per litre price difference between petrol supplied by the recently revitalized Port Harcourt Refinery and the Dangote Refinery. Speaking during the reopening ceremony of the Port Harcourt Refinery on Tuesday, PETROAN Public Relations Officer Dr. Joseph…
By Ayomide Otitoju Pepsi is making waves with the release of the “Big Big Tinz” remix featuring Afrobeat sensation Young Jonn, marking a bold fusion of marketing and pop culture. This high-energy campaign heralds the return of the beloved Pepsi 60cl Long Throat Bottle, a fan favorite originally launched in 2015, now available in Lagos,…
By Ayomide Otitoju The Nigerian National Petroleum Corporation Limited (NNPCL) has called on Nigerians to focus on the milestone achieved with the revitalization of the Port Harcourt refinery while dismissing “malicious claims” that the facility is not producing refined petroleum products. In a statement issued on Tuesday by NNPCL spokesperson Olufemi Soneye, the company assured…
Ayomide Otitoju Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings, has been named Best Investment Bank of the Year at the 2024 Association of Issuing Houses of Nigeria (AIHN) Investment Banking Awards, reinforcing its status as a leader in Nigeria’s financial industry. The prestigious recognition crowns an exceptional year for the firm, which also…
By Ayomide Otitoju President Bola Tinubu has congratulated the Nigerian National Petroleum Company Limited (NNPCL) on the successful revitalization of the Port Harcourt refinery, marked by the commencement of petroleum product loading on Tuesday. In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the president acknowledged the foundational efforts of…
Amazon has announced an additional $4 billion investment in Anthropic, bringing its total commitment to the artificial intelligence startup to $8 billion. The move deepens Amazon’s partnership with the AI developer while maintaining its position as a minority investor. The collaboration includes Amazon serving as Anthropic’s primary cloud computing provider and integrating its generative AI…
By Ayomide Otitoju The Kano State Internal Revenue Service (KIRS) has sealed the headquarters of Max Air Limited, a leading Nigerian airline, over an alleged non-payment of ₦190 million in Pay As You Earn (PAYE) and other tax liabilities accrued between 2012 and 2017. This action is part of a sweeping crackdown on tax defaulters…
Nigeria’s unemployment rate fell to 4.3% in the second quarter of 2024, down from 5.3% in the first quarter, according to the latest report by the National Bureau of Statistics (NBS) released on Monday. This marks a steady recovery from the 5.0% rate recorded in Q3 2023, signaling gradual improvements in the country’s labor market….
By Ayomide Otitoju The Dangote Group’s pavilion at the ongoing 45th Kano International Trade Fair has become a hub of activity, attracting a surge of visitors eager to explore the company’s offerings as the year draws to a close. Organized by the Kano Chamber of Commerce, Industry, Mines, and Agriculture (KACCIMA), the event, themed “Non-Oil…
