By Ayomide Otitoju Economist Bismarck Rewane has urged Nigerians to take advantage of the Dangote Refinery Initial Public Offering (IPO), saying investment in the company could offer greater long-term value than selling their Permanent Voter Cards (PVCs) for short-term gains. Speaking on the potential impact of the IPO, Rewane said the offering could deepen Nigeria’s…
By Ayomide Otitoju NNPC Retail has commissioned its first technology-powered self-service smart station along Bill Clinton Drive, Airport Road, Abuja, as part of efforts to modernise its retail operations. Speaking at the commissioning, Executive Vice President, Downstream, NNPC Ltd., Dr Mumuni Dagazau, said the facility reflected the company’s commitment to innovation, convenience, operational efficiency and…
By Ayomide Otitoju Lagos State Governor Babajide Sanwo-Olu has described the Dangote Refinery as more than an industrial project, saying its development demonstrated Africa’s capacity to execute ambitious projects on a market-changing scale. Sanwo-Olu spoke on Thursday at the official launch of the Africa-Diaspora Leadership Programme 2026 Young Global Leaders Convening, themed “Building Africa at…
By Ayomide Otitoju Fidelity Bank Plc has reaffirmed its commitment to supporting the growth and sustainability of Small and Medium-scale Enterprises (SMEs) through its Quarterly Business Forum held in Kano. The forum, themed “Positioning Northern Businesses for Growth,” brought together entrepreneurs, business owners, industry stakeholders and customers to discuss strategies for strengthening business operations, improving…
By Ayomide Otitoju Minister of Power, Joseph Tegbe, has secured fresh commitments from Chinese power engineering companies and financial institutions to accelerate the delivery of Presidential Power Initiative (PPI) projects and expand investment in Nigeria’s electricity sector. Tegbe secured the commitments during high-level engagements in Beijing as part of the ongoing Nigeria-China power sector mission….
By Ayomide Otitoju JMG Limited has showcased its Kaeser SM-13T Air Compressor at the 2026 Propak West Africa Exhibition in Lagos, highlighting its latest compressed-air technology and engineering solutions. The three-day exhibition, held from September 8 to 10 at the Landmark Centre, Victoria Island, attracted participants from various industries and countries. The SM-13T was one…
By Ayomide Otitoju NNPC Retail Limited has commissioned its first Smart Self-Service Station on Bill Clinton Drive in Abuja, offering customers a technology-enabled fuelling and mobility experience. The station combines fuel sales, electric vehicle (EV) charging and other mobility and lifestyle services, with a 24-hour self-service system that allows customers to select their preferred fuel…
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has intensified its supervisory focus on terrorism financing as part of efforts to prevent the country’s financial system from being exploited by illicit actors. The apex bank disclosed this in a statement signed by its Acting Director, Corporate Communications and Investor Relations Department, Hakama Sidi-Ali. The…
By Ayomide Otitoju For many Nigerian businesses, opportunities for growth increasingly lie beyond the country’s borders as companies seek new suppliers, customers and investment opportunities across Africa. The expansion of intra-African trade is being supported by the African Continental Free Trade Area (AfCFTA), which provides a framework for greater economic integration and market access. Farmers,…
