By Ayomide Otitoju NASCON Allied Industries Plc, popularly known as Dangote Salt, has honoured 50 outstanding customers at its 2025 Customers Dinner and Awards Night held in Abuja. The event was attended by the President of Dangote Group, Aliko Dangote, and the company’s Vice President, Olakunle Alake, among other senior executives. Speaking at the ceremony,…
By Ayomide Otitoju Rite Foods Limited has called on Nigerians to use this year’s Valentine’s Day celebration as an opportunity to embrace love, togetherness and meaningful connections. The company said Valentine’s Day, globally recognised as a celebration of love in all its forms, provides a moment for individuals, families and communities to pause, connect and…
By Ayomide Otitoju Fidelity Bank Plc has reinforced its commitment to social impact by donating relief items to inmates at the Ikoyi Correctional Centre in Lagos under its Corporate Social Responsibility (CSR) initiative, the Fidelity Helping Hands Programme (FHHP). The donation, facilitated by the bank’s Human Resources department, included household tools and gift items handed…
By Ayomide Otitoju Dangote Petroleum Refinery and Petrochemicals this week took delivery of about 250,000 metric tonnes of crude oil and intermediate feedstocks at its Lekki terminal, according to shipping data obtained from the Nigerian Ports Authority (NPA) on Wednesday. Vessel movement records show that several tankers berthed at the Dangote terminal carrying crude oil,…
By Ayomide Otitoju African Export-Import Bank (Afreximbank) has disbursed a US$100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (BSGC) to finance the rehabilitation and construction of more than 200 miles of road infrastructure across The Bahamas. The facility, provided under a Framework Agreement signed with the Government of The Bahamas on…
By Ayomide Otitoju The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has called for stronger alignment of infrastructure, policy and investment frameworks across Africa to secure the continent’s energy future. Ojulari made the call on Wednesday during a fireside chat with Mr. Andy Brown, Deputy Chair of Ørsted and President of…
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has authorised licensed Bureau De Change (BDC) operators to participate in the Nigerian Foreign Exchange Market (NFEM) to boost foreign exchange liquidity in the retail segment and meet legitimate end-user demand. A circular signed by Musa Nakorji, Director of the Trade and Exchange Department, permits all…
By Ayomide Otitoju The Nigeria Revenue Service (NRS) has reported generating ₦28.3 trillion in revenue as of December 2025, marking a growth of over 30 per cent compared to ₦25.5 trillion collected in 2024. Mrs. Amina Kurawa, Executive Director for Government and Large Taxpayers, disclosed the figures during a staff retreat, noting that the bulk…
By Ayomide Otitoju Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by ₦25 per litre, lowering the ex-depot rate from ₦799 to ₦774 per litre. The adjustment was conveyed in a notice issued by the refinery’s Group Commercial Operations Department to marketers, stating that the new price takes immediate effect….
