President of Dangote Group, Aliko Dangote, says that the government stands to gain substantially when the private sector flourishes, noting that 52 kobo (52%) of every naira Dangote Cement generates goes to the government. Dangote made the comment during a visit by the Nigerian Economic Summit Group (NESG), team to both Dangote Fertiliser Limited and…
Aliko Dangote, President of the Dangote Group, has emphasized the importance of the Federal Government’s support for domestic industries to mitigate unfair competition and reduce reliance on imports. He referenced successful strategies employed by countries such as the Benin Republic, the United States, and China as benchmarks for safeguarding local industries. During a recent visit…
The Chartered Accountants of Nigeria (ICAN) has commended the Federal Inland Revenue Service (FIRS) for being the largest employer of chartered accountants in the country. “Out of the 66,000 chartered accountants in the country today, more than 2,800 are in FIRS, the largest by any government agency,” said Davidson Alaribe, the President of ICAN. Alaribe…
Kano State is set to strengthen its partnership with Tunisia in several key sectors, including garment production, dairy processing, and dyeing industries. This collaboration aims to leverage the expertise and resources of both regions to foster economic growth. During a recent meeting at the Government House in Kano, Governor Abba Kabir Yusuf welcomed the Tunisian…
Wema Bank is in top gear to prepare for its 80th-anniversary celebration set for Friday, May 2nd, 2025. Accordingly, the Bank has unveiled a new corporate identity reflecting its milestone celebration of 80 years. Established on May 2, 1945, the Bank originally operated as a private limited liability company under the name Agbonmagbe Bank Limited….
▪︎▪︎In picture from left: The Managing Director/Chief Executive Officer of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin; Executive Chairman, Apapa Local Government Council, Hon. Idowu Adejumoke Senbanjo; the Chief Executive Officer, Coca-Cola Hellenic Bottling Company (CCHBC), Zoran Bogdanovic; the Honourable Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole; the Honourable Minister of…
▪︎From right: MAN President Francis Meshioye; Segun Ajayi-Kadir, Director-General of MAN and Chairman of NERC, Sanusi Garba. In the past year, a significant discussion arose involving the Manufacturers Association of Nigeria (MAN), the electricity Distribution Companies (DisCos), and the industry regulator, the Nigerian Electricity Regulatory Commission (NERC). On April 3, 2024, NERC approved an increase for…
The Board, Management, and staff of Access Holdings Plc have warmly welcomed Mr. Uche Orji to its Board as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc. ” I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5…
The Global Environment Facility (GEF) and the United Nations Development Programme (UNDP) have signed agreements to provide renewable electricity to 70,000 Nigerians through 23 power mini-grids. Implemented by the Rural Electrification Agency (REA) under the Africa Mini-grids Programme (AMP), this initiative aims to enhance the nation’s clean energy ecosystem and support agricultural development. With capacities…
Dangote Petroleum Refinery on Saturday reacted sharply to the trending decline in international crude oil prices. The refinery announced an adjustment to its ex-depot price of petrol, from N950 to N890, effective from Saturday, February 1. A statement from Dangote Petroleum Refinery, issued by the Group’s Chief Branding and Communications Officer, Anthony Chiejina, said that…
