By Ayomide Otitoju Wema Bank has announced a final call for entries for its 2026 One-Day MD/CEO Children’s Day initiative as the submission deadline of May 20, 2026, draws near. Launched in 2025 as part of the bank’s 80th anniversary celebrations, the initiative is designed to mark Children’s Day by giving young Nigerians a rare…
By Ayomide Otitoju Dangote Petroleum Refinery & Petrochemicals has reduced the price of aviation fuel (Jet A1) to ₦1,650 per litre from ₦1,750 per litre as part of efforts to ease cost pressures on airlines and ensure uninterrupted fuel supply nationwide. In a statement issued on Tuesday, the refinery’s media team said the price cut…
By Ayomide Otitoju Ememobong Udofot has highlighted the growing challenge companies face in aligning product development, growth strategies, and brand positioning, warning that disconnects between the three functions often create long-term credibility issues for businesses. According to Udofot, while product, growth, and brand teams typically share common business goals, they often operate with different incentives…
By Ayomide Otitoju The President of the United Republic of Tanzania, Samia Suluhu Hassan, and the President/Chief Executive of Dangote Industries Limited, Aliko Dangote, have held high-level discussions focused on industrialisation, regional energy infrastructure, refining capacity, and long-term economic development across Africa. The engagement underscored growing efforts by African nations to prioritise energy security, expand…
By Ayomide Otitoju The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has rejected a lawsuit filed by the Dangote Petroleum Refinery seeking to invalidate fuel import licences issued by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Dangote Refinery had approached the Federal High Court in Lagos asking it to void import permits…
By Ayomide Otitoju The Niger Delta Power Holding Company has pledged to bridge the electricity demand and supply gap in Lagos State by deploying about 1,500 megawatts from its over 2,000MW stranded generation capacity. Managing Director and Chief Executive Officer of NDPHC, Jennifer Adighije, disclosed this during a visit to the Managing Director and Chief…
By Ayomide Otitoju The Dangote Group has increased its investment commitment in Ethiopia from $2.5 billion to more than $4 billion, underscoring its expanding industrial footprint across Africa. According to a statement issued by the group on Sunday, President of Dangote Industries Limited, Aliko Dangote, received a warm reception in Gode, Ethiopia, where he was…
By Ayomide Otitoju First Bank of Nigeria Limited, in partnership with Visa, has launched Visa Signature, a premium card product targeted at Nigeria’s affluent customers and frequent international travellers. The new offering is designed to provide exclusive lifestyle benefits, global travel privileges and curated merchant offers through Visa’s worldwide payment network. According to the bank,…
By Ayomide Otitoju First Bank of Nigeria Limited has launched its Naira Visa Debit Card in partnership with Visa, in a move aimed at expanding access to digital payments and supporting Nigeria’s cashless economy drive. The bank said the card is designed to provide customers with a reliable payment tool for both domestic and international…
