Category Archives: Opinion and Comments

Dangote says over 30,000 skilled Nigerians work with expatriates to build Refinery Complex

Management of Dangote Refinery have debunked a report published on the online platforms of some media organisations that the company employed 11,000 skilled workers from India while allegedly neglecting youths from Nigeria and other African countries.

Chevron says to continue business in Nigeria till 2042, expends $0.5bn on Africa assets

Chevron Nigeria has further taken steps to remphsis it’s decision to continue operations in Nigeria as it increases the Usan and Agbami oilfield leases till the year 2042.

DISCOs flaunt FG directives as number of estimated customers rises to 5.91mn

Efforts by the Federal Government (FG) to ensure electricity Distribution Companies (DISCOs) install pre-meters in all homes in the country have been put on the reverse , as the numbers of customers on estimated billing have increased to 5.91 million as at the third quarter of last year, according to the National Bureau of Statistics (NBA).

UBA Group posts 47.5% growth in gross earnings as profit hits N61.4bn

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March 31st, 2023, recording remarkable growth across all its major income lines.

FRSC Commends Dangote Industries for Adoption, Implementation of Road Safety Standards

The Corps Marshal of the Federal Road Safety Corps (FRSC), Mr. Dauda Biu has commended Dangote Industries Limited (DIL) for the adoption and implementation of safety standards in the Road Transport Safety Standardisation Scheme (RTSSS) in the company’s operations.

Dangote Cement to pay about N340billion dividend on Friday, April 14th

Management of the pan-African cement manufacturer, Dangote Cement Plc has revealed that once the shareholders at the AGM slated for April 13, 2023, approve the proposal, the shareholders whose names are registered in the Company’s Register of Members at the close of business on 30 March 2023 will be immediately paid the sum of about N340 billion a day after the meeting.

Tony Elumelu to Receive National Productivity Order of Merit (NPOM) Award from the Federal Government of Nigeria

Tony O. Elumelu, CON, Founder of The Tony Elumelu Foundation (TEF) and Chairman of the United Bank for Africa Group (UBA) and Heirs Holdings, will be conferred with the National Productivity Order of Merit (NPOM) Award by the President of the Federal Republic of Nigeria, H.E. Muhammadu Buhari, GCFR in recognition of his continuous hard work and total commitment to the empowerment of youths in Nigeria and Africa.

Nigerian border closures cut smuggling but drive up prices

The closure of the Nigerian borders may have achieved its set goals, but some things not bargained for have also surfaced, the combination, pushing up prices of goods and affecting some other businesses as well.

REDTV set to Host the Biggest Party of 2019 … Grammy award nominee, Burna Boy, Olamide ‘Baddo’ Jidenna to perform

REDTV, the fast-paced lifestyle channel that puts Africa on the global stage is about to host the 4th edition of its annual party , ‘The Redtv Rave’ on November 30, 2019. Powered by the United Bank for Africa (UBA), this year’s rave which is themed ‘The shutdown’, is where everyone wants to be.

No Plan To Increase Pump Price Of Petrol – NNPC

The Nigerian National Petroleum Corporation (NNPC) has no plan to execute an increase in the pump price of Premium Motor Spirit (PMS), otherwise called petrol.