Dangote Petroleum Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known as diesel. Under the new pricing framework, the price of PMS has been moved from ₦1,175 to ₦1,075 per litre—a reduction of ₦100. The coastal price has also […]
Read MoreFor millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation and high commercial lending rates, the dream of owning a home has remained just that – a dream. But that narrative is quietly changing. Thanks to FirstBank. The N1 Trillion Intervention Reshaping Access In partnership […]
Read MoreFor many Nigerians, home ownership has always felt like a long dream parked somewhere between someday and maybe. However, the MREIF Mortgage Loan by FirstBank of Nigeria is quietly changing that narrative. Here are five things you should know: Designed for Real People. This is not a luxury only scheme. It is structured to help middle income earners […]
Read MoreDangote Cement Plc (DCP), a subsidiary of Dangote Industries Limited, at the weekend in Lagos signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa. The landmark agreement, with an estimated investment of over $1 billion, reinforces the Company’s long-term growth strategy and aligns […]
Read MoreAMA PRESS RELEASE AFG Aviation Ireland Limited (AFG) is significantly deepening its commitment to the African aviation sector through a bold, continent-wide expansion initiative reflecting both its long-term confidence in the region and the accelerating demand for tailored aviation finance and asset solutions across Africa. Following a series of successful transactions, among them the placement […]
Read MoreSustainability has become a critical priority for businesses and governments across the world, driving growth, innovation, and positive change. As the world grapples with climate change, social inequality, and economic uncertainty, organisations are recognising the importance of adopting sustainable practices that balance Environmental, Social, and Governance considerations. In Nigeria, the sustainability agenda has become a […]
Read MorePresident of the Dangote Group, Aliko Dangote, said a new petrochemical project within the Dangote Refinery complex will position Nigeria as a major supplier of key detergent inputs across the African continent, with completion expected within the next 30 months. Dangote disclosed this Saturday while addressing journalists during a tour of the refinery by the […]
Read MoreEcobank Nigeria has announced the successful repayment of the outstanding principal and accrued interest on its original US$300 million Eurobond due 16 February 2026, marking a significant milestone in its liability management strategy and overall balance sheet strengthening efforts. Following the full repayment of the Eurobond obligations, the Bank stated that it will now focus […]
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Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day, positioning it to become the […]
Read MoreOperators of Rich Communication Services (RCS) will generate $3.1 billion globally from RCS for Business traffic in 2027; up from $1.2 billion in 2025, a report from Juniper Research reveals. RCS is a modern, internet-based messaging protocol that replaces traditional SMS/MMS with features similar to apps like WhatsApp, such as typing indicators, read receipts, high-resolution […]
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