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Lagosians Hail Dangote over Impact of National Food Relief Programme; As rice Distribution Spreads Across beneficiary Local Govts

by Olusegun Edwards
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Chairman of the Aliko Dangote Foundation and Africa’s wealthiest person has continued to draw widespread commendation over the socio-economic impact of his national food relief programme, as the Foundation continues the distribution of 80,000 units of 10kg bags of rice to the vulnerable in Lagos State. Recall that the Lagos flag-off of the nationwide rice […]

US Imports Over 2m Barrels of Jet Fuel From Dangote Refinery; Experts Hail Refinery, Drum Support

by Olusegun Edwards
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The growing influence of the Dangote Petroleum Refinery & Petrochemicals is extending far beyond Africa and the Middle East, as the United States imports over two million barrels of jet fuel from the world’s largest single-train refinery in March. Experts assert that this development should bring immense joy to Nigerians, as it attests to the […]

FG Kickstarts Construction of Emerging Technologies Institute in Kano

by Olusegun Edwards
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Friday, February 14th, 2025 marked a significant milestone in the Federal Government of Nigeria’s efforts to secure the socio-economic wellbeing of the future generation, as the ground was opened for commencement of construction of the Sustainable & Emerging Technologies Institute (SETI) under the aegis of the National Agency for Science and Engineering Infrastructure (NASENI), The […]

Zenith Bank Promotes Over 4,000 Staff, Increases Salary By 20% – 30% Across Grades

by Olusegun Edwards
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One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades. This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, its aimed at boosting staff morale and […]

NCC Grants Telcos Request for Increase In Tariff

by Olusegun Edwards
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The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. The adjustment, capped at a maximum of 50 […]

Why We Increase Petrol Price Amid Global Crude Oil Surge-Dangote Refinery Explains

by Olusegun Edwards
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Dangote Refinery says the recent adjustment in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, is directly attributed to the increase in global crude oil prices. Mr Anthony Echiejina, Head of Corporate Communications, Dangote Industries, said this in a statement on Sunday in Lagos. On January 17, Dangote refinery increased petrol […]

UBA Group Sets for Official Commencement of Banking Operations in France

by Olusegun Edwards
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As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, Tony Elumelu, in the presence of President Tinubu and the President of France, Emmanuel Macron, signed a landmark business cooperation agreement with the French Finance Minister, Antoine Armand. The agreement is a significant indication of support by the French […]

Zenith Bank Officially Commences Operations in France; Dangote Lauds Bank’s Opening In Paris As National Pride

by Olusegun Edwards
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Africa’s richest man, Aliko Dangote, has praised the Wednesday ‘s N0vember 27th grand opening of Zenith Bank in Paris, France, as a symbol of national pride to Nigeria. His words, “This bank that you have opened here is not only for you but for all of us as Nigerians,” one of the world’s richest […]

AFRIMA President, Mike Dada Loses Wife

by Olusegun Edwards
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The African Music and Entertainment Industry was recently thrown into mourning as The Executive Producer and President of All Africa Music Awards, AFRIMA, Mr Mike Dada, lost his beloved wife, Mrs Modupe Temitope Dada. Dupe Dada, Nee Baruwa, born on May 5, 1976, in Ijebu Ode, Ogun State, Nigeria, died peacefully on Saturday, October 19, […]

Q3 2024: UBA Reports 20% PBT Growth, Net Interest Income Rises By 149%

by Olusegun Edwards
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Africa’s global bank, the United Bank for Africa (UBA) Plc has announced strong growth across all key financial indicators in its unaudited Q3 2024 results, continuing the impressive performance it posted in the first half of the year. Gross earnings for the third quarter ended September 30, 2024, rose significantly by 83.2% to N2.398 trillion, […]

Bode George Writes CJN: Says Time to end Judicial Rascality is now

by Olusegun Edwards
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*Justice Kudirat Kekere-Ekun The Chief Justice of Nigeria (CJN) Abuja Let me congratulate you on your confirmation by the Senate and your swearing-in by President Bola Tinubu as the Chief Justice of Nigeria (CJN). As the Number One Judicial Officer in the world’s most populous black nation, a bonafide Lagosian and a jurist from a […]

United Capital Plc unveils Ucee MFB

by Olusegun Edwards
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The United Capital Plc, a subsidiary of one of Africa’s leading investment bank and financial services group, United Bank for Africa Plc, has launched a new subsidiary – Ucee Microfinance bank. The Chairman of Heirs Holdings, Tony Elumelu, performed the ceremonial tape cutting at the official launch of the Ucee MFB in Lagos. Elumelu was […]

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