By Ayomide Otitoju FirstBank Nigeria is set to host the fifth edition of its Agric and Export Expo on September 16 and 17, 2026, as stakeholders seek to strengthen Nigeria’s agricultural sector and expand non-oil exports. The two-day event, themed “From Farm to Global Markets: Building Nigeria’s Export Value Chain,” will bring together policymakers, regulators,…
By Ayomide Otitoju Dangote Petroleum Refinery and Petrochemicals Limited has formally commenced the process of launching its Initial Public Offering (IPO), with the signing ceremony for the offer of 4.1 billion ordinary shares held in Lagos on Monday. The offering is expected to provide up to 10 million Nigerians and other investors with an opportunity…
By Ayomide Otitoju Dangote Petroleum Refinery is preparing to list on the Nigerian Exchange (NGX) through an Initial Public Offering (IPO) aimed at raising capital for its next phase of expansion. Under the offer, the company will make 4.1 billion ordinary shares available at ₦525 per share, potentially raising about ₦2.15 trillion ($1.6 billion) if…
When rescue dog Chloe is not tumbling across the grass on a farm outside Bengaluru, India’s technology hub, she is being trained to detect cancer through human breath with the help of artificial intelligence. Equipped with a 3D-printed helmet and sensor-filled harness, Chloe is part of an experimental effort by Bengaluru-based startup Dognosis to harness…
By Ayomide Otitoju President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has called on Nigeria and other African countries to take bold steps to drive economic growth and prosperity across the continent. Dangote said Africa must deliberately develop its economies and strengthen its institutions if the continent wants to earn greater respect…
By Ayomide Otitoju President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has said the Initial Public Offering (IPO) of the 650,000 barrels-per-day Dangote Refinery will give ordinary Nigerians an opportunity to own shares in the facility. Dangote made the statement on Monday while delivering the opening remarks at the refinery’s IPO signing…
By Ayomide Otitoju Chairman of Zenith Bank, Jim Ovia, and Chairman of Heirs Holdings, Tony Elumelu, were among prominent financial experts who attended the signing ceremony for the Dangote Petroleum Refinery’s initial public offering (IPO) in Lagos on Monday. The refinery is offering 4.1 billion ordinary shares of $0.000013 each at ₦525 per share in…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) has commended the National Drug Law Enforcement Agency (NDLEA) for intercepting a truck reportedly carrying 2,145kg of cannabis concealed in a compartment in Ondo State. The company, in a statement, said it had taken note of media reports concerning the vehicle, which bore markings…
By Ayomide Otitoju Daba Markets Inc., Coronation Securities Limited and Coronation Asset Management Limited have announced a strategic distribution arrangement aimed at expanding access to Nigeria’s capital market for eligible investors globally. The arrangement combines market intelligence, investor education and digital access to enable eligible investors to better understand and participate in Nigeria’s capital market….
