Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows. ADF and WEF, in a release, said, “With great excitement and anticipation, ADF […]
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In its drive to increase the economic growth and consolidate its position as Africa’s economic hub, Lagos State Government has called on foreign investors, particularly those interested in investing in Nigeria, to consider Lagos as the best destination for their investments. The State also expressed readiness to partner with any investors with a strong assurance […]
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Africa’s Global Bank, United Bank for Africa Plc (UBA), , released its financial results for the first quarter ended March 31st, 2024, showing very strong growth across key performance measures. The Group’s results, which were released to the Nigerian Exchange Limited (NGX) on Friday May 3rd, 2024, saw outstanding year-on-year increases: Gross Earnings rose […]
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Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP). Chairman of Dangote Sugar Refinery Plc, Aliko Dangote stated this at the company’s 18th Annual General Meeting (AGM) held yesterday in Lagos, just as […]
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Africa’s Global Bank, United Bank for Africa (UBA), on Thursday, held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where 398 young Africans were inducted into the UBA Tribe after a rigorous six-month hands-on-work and learning experience. The event, which was held in a grand ceremony in Eko Hotel, […]
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The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos state. President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted that the gesture is part of the over one million 10kg bags of rice that would be distributed to reach one […]
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Access Bank Plc has entered an agreement with the Kenyan-based KCB Group Plc (“KCB”) for the acquisition of the entire issued share capital of National Bank of Kenya Limited. The move is part of the vision of the late co-founder and former Group Chief Executive Officer, Herbert Wigwe. KBC is the holding company of KCB […]
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The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, will announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme. The announcement will be made on March 22, 2024. The new beneficiaries will become the 10th cohort of the 10-year-long TEF Entrepreneurship Programme. The Tony Elumelu Foundation has […]
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Heirs Holdings has launched its irst-ever television commercial. The newly released television commercial (TVC) showcases the company’s diverse portfolio, spanning the power, energy, financial services, hospitality, real estate, healthcare and technology sectors while highlighting its commitment to driving positive change and sustainable development across Africa and beyond. With its compelling narrative, the commercial is […]
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The Group Managing Directors (GMDs) of Zenith, Providus and Jaiz banks, on Tuesday, honoured the invitation by the Economic and Financial Crimes Commission (EFCC), to hand over documents relating to accounts operated by the Ministry of Humanitarian Affairs to the anti-graft agency. A source from the Agency confirmed that the bank Czars, departed the […]
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Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of crude via MT ALMI SUN is the last cargo to complete the initial scheduled 6 million barrels […]
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Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos by officials of the Economic and Financial Crimes Commission (EFCC) saying it was ready to assist the Commission in its investigations. The foremost indigenous conglomerate in a statement disclosed that it received a letter […]
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