adminRumours of Impending Fuel Scarcity False, NNPC Insists
The Nigerian National Petroleum Corporation (NNPC) on Thursday dismissed media reports of a looming fuel scarcity. In a press release issued by Acting Group General Manager, Group Public Affairs Division of…
UBA lifts Power Sector Privatization with US$700 million funding
United Bank for Africa Plc (UBA) has extended US$700 million (N113 billion) in funding to different investors towards the acquisition of power assets in Nigeria’s recently privatized power sector. Phillips…
Dangote to revive local production of rice with N50bn
Nigeria’s foremost conglomerate, Dangote Industries Ltd is to invest $300 million (N50 billion) in rice production to make the country, self sufficient in rice production and also stop importation of…
Job creation: MAN commends FG over investment-friendly policies
Members of the Organised Private Sector (OPS) have described as unprecedented the institution and implementation of some economic policies of the federal government which have helped in reviving the hitherto…
2014:Dangote Cement to Complete Plants Across Africa
In furtherance of the Group’s pan-African expansion drive, not less than five cement plants belonging to Dangote Cement and spread across five countries in Africa will be completed this year,…
Dangote’s worth surges $9.2b in 2013, records highest gain in Africa
Aliko Dangote, Africa’s richest person and the President of Dangote Group, one of the continent’s largest conglomerates is estimated to have added a whopping $9.2 billion during 2013 outgone year.…
Cross Rivers Govt lauds Dangote over Youth empowerment, development
The focus of Dangote Group in empowering the youth and making them believe in themselves was well applauded by the Government of Cross Rivers State over the weekend, when the…
FirstBank promotes cultural heritage at Calabar Carnival
First Bank of Nigeria Ltd, Nigeria’s leading customer centric bank, has restated its unwavering commitment to continually work with Cross River State and other relevant government agencies, in the execution…
Dangote lifts Lagos govt with N50 million, to stimulate economic activities
Pan African conglomerate, the Dangote Group has said that its donation of N50 million to the 2013 Lagos Count Down, a project of the state government, was meant to stimulate…
Dangote Sugar to create new jobs on plantations
The management of Dangote Sugar Refinery Plc (DSR) has said the company will employ thousands of Nigerians in its proposed sugar plantations to be sited in Sokoto, Kebbi, Jigawa, Taraba,…