The constant bickering between Dangote Industries Limited, the owners of the Dangote Petroleum Refinery, and oil marketers has snowballed into a court case at the Federal High Court in Abuja. Three oil marketers- AYM Shafa Limited, A. A. Rano Limited., and Matrix Petroleum Services Limited, are asking the Abuja Federal High Court to dismiss a…
Olasupo emphasised that the programme would support women-led enterprises across manufacturing, ICT, digital marketing, ecommerce, healthcare, education, renewable energy, processing, waste management, and the creative industries.
▪︎Thomas Etuh Thomas Etuh’s Tak Agro and Theophilus Danjuma’s TY Holdings, have acquired Notore Chemical Industries Plc in Onne, Rivers State, for $150 million. “We put $150 million into an escrow account. Being a publicly quoted company, we were made to go through a bid process and won the bid,” Etuh told BusinessDay.“I am excited…
A strong domestic refining base is fundamental to building a resilient, energy-secure and sovereign economy. It is also critical for job creation, foreign exchange conservation, macroeconomic stability and the development of export-oriented refining capacity.
▪︎The Executive Secretary/CEO NSDC, Mr Kamar Bakrin. Photo Credit: Facebook The National Sugar Development Council (NSDC) has given the local sugar refiners in the country a fresh 2000 metric tonnes of annual sugar production target. The big three sugar refiners are Dangote Sugar Refinery (DSR), BUA Sugar Refinery, and the Golden Penny Sugar Refinery, a…
The International Energy Agency (iea)’s says that its webinar on ‘ Understanding data centre electricity use in the AI era’, will hold this week Friday , June 27. In a statement, Iea says that its Digital Demand-Driven Electricity Networks (3DEN) Initiative, the IEA 4E TCP Efficient, Demand Flexible Networked Appliances (EDNA) and the Super-Efficient Equipment…
▪︎Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite The Commerce and Industry Correspondents Association of Nigeria (CICAN) has enjoined the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, to let her impacts be felt on the sector. In a statement from the Association’s Secretariat in Lagos, and signed by its President, Charles Okonji,…
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1, 395 Sell ₦1, 403 GREAT BRITISH POUND (GBP) Buy ₦1,845 Sell: ₦1,865 EURO (EUR) Buy ₦1, 585 Sell ₦1,600 CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦180 Sell ₦200 GHANA…
The National Information Technology Development Agency (NITDA) has applauded the election of Dr Bosun Tijani as Vice Chairman of the International Telecommunications Union (ITU) Council 2025.. Bosun Tijani is Nigeria’s Minister of Communications , Innovation & Digital Economy. In a statement, the NITDA describes Dr Tijani ‘s election to the ITU board as historic because…
▪︎Dr. Doris Uzoka-Anite, the Minister of Industry, Trade and Investment, tour Dangote Sugar Refinery Plc, yesterday. Stakeholders in the manufacturing sector are pressuring Dr. Doris Uzoka-Anite, the Minister of Industry, Trade and Investment, to pay the N75 billion for 75 industries Presidential loan . They made the demand when the Minister toured some leading manufacturing…
