Dangote Industries Limited have been named Most Admired African Brand, following an independent, consumer-led survey conducted across more than 30 African countries. The event was at the 15th annual Brand Africa 100 awards, in Addis Ababa, Ethiopia. The company was also inducted into the Brand Africa Hall of Fame, becoming the first African firm to […]
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Indigenous energy company in Nigeria, Seplat Energy Plc, has clinched the ‘M&A Deal of the Year’ award at the Nairametrics Capital Market Choice Awards held in Lagos at the weekend. The award ceremony themed ‘Capital Market as a catalyst for Nigeria’s Economic Transformation’ was graced by leading companies listed on the Nigerian Exchange Limited (NGX) […]
Read MoreIn the wave of present major telecoms service outage across Nigeria, a new directive putting operators on their toes, has been giving to them, and even setting deadline for service restoration. Announcing this major development in the industry, the regulator, the Nigerian Communications Commission (NCC) mandated the telecom licensees to inform consumers of major service […]
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Nigeria’s corporate elite gathered recently to bid farewell to one of the nation’s most influential business titans, Dr. Pascal Gabriel Dozie. The Nigerian Exchange Group’s headquarters in Marina, Lagos, played host to an ‘Afternoon of Tributes’ that saw industry captains, financial moguls, and family members celebrate the extraordinary legacy of a man who helped reshape […]
Read MoreDangote Petroleum Refinery and Petrochemicals has announced another reduction of N15 in the price of its high-quality Premium Motor Spirit (PMS). As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos; N885 per litre in the South West; N895 per litre in the North […]
Read MoreMTN Nigeria is on a clear path to resuming dividend payments to its shareholders, driven by the successful implementation of its comprehensive five-point strategic recovery plan. The company will not only eliminate its negative shareholder funds but also build up sufficient distributable reserves within the current year, paving the way for future dividends. The Chief […]
Read MoreLagos State secured a $22 million foreign direct investment to enhance its fibre optic infrastructure. This investment is a critical step in the state’s ambition to increase connectivity, accelerate digital transformation activities, and support its developing tech scene, according to the State. Special Adviser to the governor on Infrastructure, Olufemi Daramola, announced the development at […]
Read MoreNigeria has unveiled its first Blockchain Policy Whitepaper, outlining a framework to drive financial inclusion, supply chain transparency, and position itself as a global digital economy leader. Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, emphasised that this signals a strategic shift toward leveraging emerging technologies for inclusive economic growth. He underlined that the […]
Read MoreDangote Petroleum Refinery and Petrochemicals FZE has announced an exclusive partnership with Premier Product Marketing LLC, a Vinmar company, to bring Dangote Polypropylene to global markets outside Nigeria and Africa. This strategic agreement coincides with the launch of polypropylene production at Dangote’s world-class refinery and petrochemical complex in Lekki, Nigeria. The state-of-the-art plant utilises INEOS’s […]
Read MoreAMA PRESS RELEASE ReStore, a pioneer in lead-acid battery rejuvenation and refurbishment, is set to expand into Africa. By offering an innovative and cost-effective franchisee business model, ReStore aims to empower local entrepreneurs while promoting circular economic growth and sustainability. With over 500 successful franchise outlets in India and a proven track record 1million batteries […]
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