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…
US President Donald Trump has suggested renaming the state of New Mexico “New America,” extending his recent push to rename geographical landmarks. Trump made the proposal on Sunday in a social media post, days after signing an order to rename Lake Ontario “Lake America” amid an ongoing trade dispute with neighbouring Canada. “Many people suggested…
By Ayomide Otitoju The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has urged Nigerians to turn out in large numbers for the 2027 general elections and protect their votes from the polling unit to the final declaration of results. Obi made the call in a post on his official X handle following…
The Nigeria Police Force (NPF) has joined police organisations worldwide to mark the United Nations International Day of Police Cooperation, stressing the importance of cross-border collaboration in tackling transnational crime, protecting vulnerable people and enhancing public safety. The Force Public Relations Officer, Force Headquarters, CSP Ani Iniedu, said this in a statement issued in Abuja…
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 The presidential candidate of the Allied Peoples Movement (APM), Seyi Makinde, has called for greater transparency in Nigeria’s petroleum sector, saying the country’s crude oil resources must deliver measurable benefits to Nigerians. Makinde, who is also the Governor of Oyo State, made the call on Monday at the commissioning of the Makinde/Daura…
