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Former Vice President Prof Yemi Osinbajo drives Nigerian electric car, Kona
 Business

Nigeria to be Electronic Vehicle Production Hub UK Firm Signs Large-Scale Partnership on Lithium Mining

Nigeria is expected to be hub for electric car manufacturing in Africa as a partnership that would immensely boost the country’s lithium mining and downstream batteries, has just taken off. ReElement Technologies Corporation, a provider of high performance refining capacity of rare earth and critical battery elements, announced the partnership with United Kingdom-based Jupiter Lithium to develop […]

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Port Harcourt refinery (Photo: Facebook/NNPC Limited)
 Business

 Again, NNCPL Assures of Production at Port Harcourt Refinery Resets New Date

The Nigerian National Petroleum Company Limited (NNPCL), has again reaffirmed its preparedness to commence crude oil refining at the Port Harcourt refinery in early August. This was revealed by the NNPCL Group Chief Executive Officer, Mele Kyari, on Monday while addressing an emergency session at the National Assembly joint committee on finance. Kyari explained that […]

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Business

Dangote Petroleum Refinery & Petrochemicals Targets $30bn Revenue by 2025, Pledges to Boost FX Market

President of Dangote Group, Aliko Dangote, said his company’s aim to become the leading supplier of foreign exchange in the FX market soon, as it targets $30 billion in revenues by the year 2025. During a tour of the Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited with media executives at the weekend, he said […]

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Tony Izuagbe Emoekpere, President ATCON
 Business

ATCON, States’ Commissioners, Permanent Secretaries & Heads of ICT Agencies to Hold Dialogue on ICT Deployment 

The 36 States Commissioners in Nigeria including FCT, Permanent Secretaries and Heads of ICT Agencies are set to get abreast on how to use ICT applications to drive the efficiencies of their Government. In a statement by the Association of Telecommunications Companies of Nigeria (ATCON), which is hosting the one-day Strategic Stakeholders in the Nigerian […]

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Business

NNPC Fail to Meet Obligation on 20% Stake of Dangote Refinery, Says Aliko Dangote

The Nigerian National Petroleum Company (NNPC) Limited now owns a 7.2% stake in the Dangote Petroleum Refinery, and not a 20% stake as initially announced before the inauguration of the facility at the Lekki Free Trade Zone. Founder of the  first African petroleum refinery plant, Aliko Dangote who made this known at a press briefing […]

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Business

Execution Is the Real Competitive Advantage

Every company has ideas. Walk into any leadership meeting, and you will hear them: new products, process improvements, market expansions. But by now, most of us have learned the hard way that ideas are cheap. The expensive part, the part that actually determines whether you survive 2024, is turning those ideas into something that works […]

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Business

Konga Health Signs Exclusive Partnership with CeraVe to Unveil Products in Nigeria

Konga Health, Nigeria’s digital healthcare distribution company, has sealed an exclusive partnership with CeraVe, a global skincare brand under the L’Oréal umbrella, to launch its product in the country. L’Oréal is the world leader in beauty: makeup, cosmetics, haircare and perfume in terms of quality, efficacy and safety. Through Konga Health, a technology-driven healthcare solutions […]

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Business

Mobile Money Spend in Emerging Markets to Top $2.37trl by 2029, as Providers Expand Advanced Services

Mobile money spend in emerging markets will reach $2.37 trillion by 2029, from $1.58 trillion in 2024. Juniper Research, predicted that this growth of 51% will be driven by operators expanding their portfolios to include higher-margin advanced services, such as powering merchant payments in-store or via eCommerce, or providing international remittances. Pivoting to advanced services […]

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Business

TD Africa Partners Cisco to Empower Young Africans On Tech Skills

In its continuous drive to bridge the widening skills gap in Africa’s technology sector, TD Africa,  technology distribution company, has partnered with Cisco on its month-long inaugural training program. The program, the first of its kind in the TD Academy training series, was aimed at empowering young minds with technical skills and professional exposure. The […]

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Business

Dangote Refinery Results to Crude Oil Import from USA as Domestic Supply Shortage Persist 

Dangote Petroleum Refinery and Petrochemicals has issued a tender for an additional 11 million barrels of US crude oil over the next six months due to Nigerian crude oil producers’ inability to meet its feedstock requirements. The 650,000 barrels per day refinery has already received 9 million barrels of West Texas Intermediate crude from the […]

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