By Ayomide Otitoju Polaris Bank has introduced a new Gift Card feature on its digital lifestyle platform, VULTe, enabling customers to send global brand gift cards to family and friends across borders within seconds. The bank said the feature is designed to offer speed, security and convenience, allowing users to select from a wide range…
By Ayomide Otitoju Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. to support the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day. The expansion, once completed within the next three years, is expected to position the…
By Ayomide Otitoju The Nigeria Customs Service (NCS) has clarified that it does not determine or alter foreign exchange rates used in import and export valuation, stating that it relies solely on official figures transmitted by the Central Bank of Nigeria (CBN). In a statement issued by its National Public Relations Officer, Abdullahi Maiwada, the…
By Ayomide Otitoju Chairman of Heirs Holdings and member of the Presidential Economic Council, Tony Elumelu, has lauded President Bola Tinubu for economic reforms he said have ended the era of foreign exchange (FX) scarcity in Nigeria. Elumelu spoke on Friday after meeting with the President at the Presidential Villa in Abuja, where discussions centred…
By Aytomide Otitoju Residents of Tungan-Makeri and Konkoso in Borgu Local Government Area of Niger State are counting their losses after suspected bandits launched a deadly attack that left six persons dead and a police station destroyed. The coordinated assault reportedly began late Friday night in Tungan-Makeri, where heavily armed men stormed the community, shooting…
By Ayomide Otitoju The Federal Government has filed a three-count charge against former Kaduna State governor, Nasir El-Rufai, over the alleged unlawful interception of communications belonging to the National Security Adviser (NSA), Nuhu Ribadu. The charges were instituted by the Department of State Services (DSS) at the Federal High Court, Abuja Judicial Division. Last week,…
By Ayomide Otitoju No fewer than 31 people have died from Lassa fever within the first five weeks of 2026, according to the latest data released by the Nigeria Centre for Disease Control (NCDC). In its epidemiological situation report published on Monday, the agency disclosed that 754 suspected cases were recorded during the period, out…
By Ayomide Otitoju The Nigeria–China Strategic Partnership (NCSP) has reaffirmed its commitment to deepening collaboration with the Organized Private Sector to accelerate Nigeria’s industrial expansion. This followed a high-level meeting with the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), where both parties agreed to align institutional efforts to…
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,…
