ATIKU

….. Says Shale Oil is a Major Game Changer The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has been elected as the first female President of the Organization of the Petroleum Exporting Countries (OPEC) at the 166th meeting of the OPEC Conference in Vienna, Austria. Mrs. Alison-Maduke takes over from His Excellency Abdourhman Atahar Al-Ahirish, Libya […]

The Federal Government has said that the restoration of Ogoniland will commence in first quarter next year in line with the recommendations of the United Nations Environmental Programme (UNEP) report vis-a-vis the multi-stakeholders group. Speaking yesterday in Geneva, Switzerland at the follow-up meeting of technical working groups on environment restoration of Ogoniland, Mrs. Alison-Madueke stressed that […]

For the first time in the four years that FORBES has been tracking Africa’s richest, Nigeria bests South Africa. At the top yet again is cement tycoon Aliko Dangote of Nigeria, joined on the list of Africa’s 50 Richest by 12 other countrymen.  In comparison South Africa claims 11 spots, down from 14 a year […]

Elumelu urges corporate Africa to take up the challenge The United Bank for Africa (UBA) Board Chairman, Tony O Elumelu, has announced the donation of $1million, to assist the fight against Ebola, currently present in three West African countries, where UBA does business: Sierra Leone, Liberia and Guinea. The gift will be distributed through the […]

Africa Union’s efforts at containing the dreaded Ebola virus in West Africa has been boosted with the Dangote Foundation pledging a sum of $3 million to a fund established by African business leaders in Addis Ababa, Ethiopia. This is in addition to previous interventions in Nigeria where the Foundation owned by the business mogul, Aliko […]

In a move that will raise the stakes in the rapidly evolving Nigerian cement market, leading cement manufacturer, Dangote Cement Plc has announced huge cuts in the price of the essential product. A step that will make cement cheaper than it has ever been since 2005, the new price regime announced by the Group Managing […]

Block Moulders nationwide have lauded the leading role being played by Dangote Cement Plc in enlightening the stakeholders in the building and construction industry on the standardization of cement and other allied products being undertaken by the Standard Organization of Nigeria (SON). Speaking at the Obajana Cement Plant of the Company at the weekend after […]

First Bank of Nigeria Limited has again demonstrated its commitment to providing inclusion, advocacy and public enlightenment for blind and visually impaired persons in the country through its consistent support for the Nigeria Association of the Blind (NAB) White Cane and Safety Day The Bank has supported the White Cane and Safety Day since 2011 […]

Customers in Nigeria can now send funds to more than 200 countries and territories at FirstBank branches First Bank of Nigeria Limited (FirstBank), Nigeria’s largest banking institution, and MoneyGram International, a leader in money transfer and global payment services, today announced the launch of outbound remittance service in Nigeria. Since money transfers began in Nigeria […]

First Bank Limited has on Thursday announced the launch of FBN Bank Ghana.The expansion follows the agreement reached by First Bank of Nigeria Limited and International Commercial Bank Financial Group Holdings Ag (ICBFGH) for the acquisition of a 100 percent equity interest in ICB Ghana. According to MD/CEO of FirstBank, Bisi Onasanya, as a result […]

Nigerians based in-country who are willing to purchase wares from markets in Europe and North America will now be able start and complete those transactions from the comfort of their homes. Mall For Africa (MFA), the Nigerian mall at the centre of the Nigeria-Europe-North America connections, recognises that local purchase of goods from foreign markets […]

The Management of the Nigerian National Petroleum Corporation (NNPC), has raised the alarm over the circulation of fake letters of authorisation purportedly from the NNPC to buy and/or sell Nigerian crude oil. The Corporation on Monday called on members of the public to be wary of persons with fraudulent intents circulating letters authorising the lifting […]