In the landscape of Africa’s industrial and economic ambitions, few projects have stirred as much excitement and promise as the Dangote Refinery. As the largest single-train refinery in the world, this monumental endeavor, spearheaded by Nigerian billionaire Aliko Dangote, has the potential to reshape not only Nigeria’s economic fortunes but[Read More…]
Author: Godwin Anyebe
Experts Advocate for Strategic Measures to Boost Nigeria’s GDP Growth
Nigeria, Africa’s largest economy, has long been recognized for its vast potential and resources. However, to fully harness this potential and drive sustainable economic growth, experts are increasingly emphasizing the need for strategic measures to support and enhance the country’s Gross Domestic Product (GDP). In fact, Data by the National[Read More…]
NNPC unveils new crude oil grade from OML 13
The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled a new crude oil grade Utapate to the international market. According to Olufemi Soneye, Chief Corporate Communications Officer at NNPC Ltd, the first shipment of 950,000 barrels of Utapate crude oil was dispatched to Spain in July from Oil Mining[Read More…]
Unity Bank & Providus Bank Merger: The New Marriage and Customers’ Expectations
The recent announcement of the merger between Unity Bank and Providus Bank marks a significant development in the financial sector. As these two entities prepare to consolidate their operations, stakeholders, particularly customers, are keenly observing how this union will impact their banking experience. Recall that, the Central Bank of Nigeria[Read More…]
The Unseen Crisis: Suffering in Northwest Nigeria Amidst Political Recklessness
In the northwest of Nigeria, a deep-seated crisis unfolds as citizens grapple with the relentless violence of banditry, a scourge that has become increasingly pervasive due to political recklessness. The humanitarian disaster in this region reveals a stark reality where political failures have compounded the suffering of ordinary people, leaving[Read More…]
Middle Belt Nigeria: A Region Rich in Resources but Stalled in Development
The Middle Belt of Nigeria is a region of striking contrasts. Situated at the heart of the country, this area is endowed with a wealth of natural resources, fertile land, and a vibrant cultural heritage. Yet, despite these advantages, the Middle Belt remains notably underdeveloped. The paradox of abundant resources[Read More…]
FirstBank Commemorates its Annual Corporate Responsibility & Sustainability Week
FirstBank, the West African premier financial institution and financial inclusion services provider is proud to announce its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. This year’s edition aims to reinforce the bank’s positive outcomes of sowing seeds of kindness by empowering the lives of[Read More…]
Empowering Women Inside Out: Join the Whole Women Conference 2024
Recharge Life Centre Unveils the Whole Women Conference 2024: A Day of Empowerment, Wellness, and Fun The Recharge Life Centre, a leading institution in mental health and well-being, is thrilled to announce the 8th annual Whole Women Conference. Scheduled for August 31st, 2024, this highly anticipated event aims to nurture[Read More…]
CHI Limited Sweeps Top Honours at Africa’s Most Admired Brands Awards
Chivita|Hollandia (CHI Limited), a leading manufacturer of fruit juices, value-added dairy and snacks, has reaffirmed its market leadership by clinching top honours at the prestigious Africa’s Most Admired Brands Awards. The event, which was held at the Civic Center in Lagos recently, recognized brands within the Chivita|Hollandia (CHI Limited) portfolio.[Read More…]
The Unprecedented Seizure: How a Chinese Company Seized Nigerian Presidential Aircraft Over Ogun State Debt
In a dramatic turn of events, a Chinese company has seized three Nigerian presidential aircraft due to an unpaid debt owed by Ogun State, a region in southwestern Nigeria. This unprecedented action has sparked a wave of controversy and raised questions about international debt enforcement and the impact of local[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]