Business

Seplat Energy Pledges Commitment to End Gas Flaring

Seplat Energy Plc, indigenous energy company, has reassured all stakeholders of its commitment to driving and ensuring a sustainable business and creating increased value for people and the environment. The company also reiterated its resolve to addressing the dual challenges of ensuring energy security and meeting climate change mitigation targets. The Director, New Energy, Seplat […]

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Business

About 40 Techist Startup Set to Compete for $50,000 Prize of Ecobank Fintech Challenge

About 40 techist of the semi-finalist of from 70 countries are set to compete for the $50,000 prize Fintech Challenge Ecobank holding at the Ecobank Pan African Centre (EPAC) Lagos, Southwest Nigeria.. A statement from the pan-African Bank, said the 2024 “Ecobank Fintech Challenge had over 1,550 applications from 70 countries from which only 40 […]

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Business

Dangote Group Tasks NUPRC on Enforcement of PIA Act

The Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be allowed to buy crude directly from the companies that produce it in Nigeria rather than from international middlemen, as enshrined […]

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Business

Nigeria Set to Boosts Digital Free Zone for Technology and Global Service Businesses

A steering committee has been d established to drive the promotion and establishment of a digital free zone in Nigeria to accommodate the peculiar needs of innovative digital trade and service businesses. The Nigerian President, Bola Ahmed Tinubu will chair the Committee, which was setup to drive the ease of doing business for global digital, […]

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Business

Dangote Refinery Clarifies Status of Crude from NNPC, Says Only Six Cargoes Supplied

The Dangote Refinery Petroleum Limited said that the Nigerian National Petroleum Corporation Limited, (NNPCL) supplied only six cargoes of crude instead of 15 cargoes. In statement by the Group Chief, Branding and Communications Officer of the Dangote Group, Mr Anthony Chiejina while clarifying some media reports on the status crude supply from NNPC, the company […]

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Business

ATC Africa Unveils Soji Maurice-Diya as New CEO for Nigeria

The American Tower Company, Africa has announced the appointment of the Chief Operating Officer, ATC Nigeria, Soji Maurice-Diya, as the new Chief Executive Officer for ATC Nigeria with effect from August 1, 2024. Soji who taking over from Errol Ambler-Smith joined ATC Nigeria in 2018 as the Commercial Director where he led the Sales and […]

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News

Dangote Refinery’s Diesel, Jet Fuel Supplies to Disrupt Europe Energy Industry, Says OPEC

Supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. The Organisation of Petroleum Exporting Countries (OPEC) in its newly released monthly Oil Market Report for June 2024 listed Dangote Refinery among the top Diesel and jet Fuel suppliers […]

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Business

MTN Nigeria Renegotiates Tower Lease Agreement with IHS & ATC on Fresh Expiring Dates

MTN Nigeria Communications Plc., has renegotiated binding commercial terms of the existing infrastructure sharing and master lease agreements with IHS Towers. This was one of the initiatives outlined at the Extraordinary General Meeting (EGM) held on 30 April 2024 to support the recovery of its capital position. In statement, the telecoms while notifying the Nigerian […]

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Business

Utiva, Tuteria & AltSchoolAfrica on 50 Finalists List of Africa’s Business Heroes Contest

Three of Nigeria’s innovation solution providers are among the fifty finalists, who are uplifting their communities through the use of innovation, have been selected for the next round of the fifth edition of the Africa’s Business Heroes (ABH) competition, a competition of the philanthropic programme spearheaded by the Jack Ma Foundation and Alibaba Philanthropy to […]

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Business

New Digital Payment Platform Berths in Nigeria with Pledge to Onboard, Empower Banks, MNOs & Fintechs

A digital payment company, Network International, has released its platform, Network One into Nigeria’s financial system with  a promise to onboard and empower banks, MNOs and fintechs in Nigeria and throughout the West African region. Making its first appearance at a media engagement in Lagos, Southwest Nigeria, the FTSE-listed Network International, a trusted payment partner […]

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