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Again, Organised Labour Turns Down FG’s proposed N60,000 Minimum Wage, Walks Out of Negotiation

THE Organised Labour on Tuesday 28TH mAY, 2024 walked out of the Tripartite Committee meeting on Minimum Wage after the Federal Government increased its offer to N60,000. A source privy to the meeting which is taking place in Abuja, told Vanguard that the federal government increased its offer by N3,000 thereby taking the whole amount […]

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Dangote Pet

Oworonshoki-Apapa Expressway: Tinubu, Sanwo-Olu, Umahi Commend Dangote, HiTech for ‘Excellent’ Job’

President Bola Ahmed Tinubu, Lagos State Governor Babajide Sanwo-Olu, Minister of Works, Engr David Umahi, among others hailed President of the Dangote Industries Limited, Alhaji Aliko Dangote, and HiTech Construction for their roles in the completion of the Oworonshoki-Apapa Expreswway. President Tinubu, represented by Senate President Godswill Akpabio, enthused that the 37 kilometres road, which […]

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Ogbonna Access

Access Bank Emerges As Nigeria’s Most Valuable Brand

Nigeria’s foremost financial institution, Access Bank Plc. has again bagged the most valuable brand award by Brand Finance, a leading brand valuation consultancy outfit. Mr Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc., said in a statement on Sunday 26th May, 024, that the bank was proud of the feat and would continue […]

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Dangote Pet

Aliko Dangote Foundation, WEF Announce 2024 Class of Dangote Fellows

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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Pix 2712

US-Africa Summit: Lagos Woos Foreign Investors, Says State Ready For Business Partnership

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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Alawuba Uba

UBA Starts Solid  In 2024, Consolidates Gains With Gross Earnings Rise by 110%, Q1st Profit  Hits N156bn;  Delivers  YoY Growth of 165%

  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

Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four Years, Says Q1 Revenue Rise by 20.1% to N122.7bn

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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Uba 24

UBA Employs 398 Across Africa In Youth Empowerment Graduate Programme, These Young UBA Graduates A Testament to Who We Are Says Elumelu

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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Forex

CBN Orders Sale of Additional $10,000 to 1,583 Eligible BDCs To Further Boost FX Market Liquidity

The Central Bank of Nigeria (CBN) has approved the sale of an additional $10,000 to 1,583 eligible Bureaux De Change (BDCs) in the country to meet market demands. The Director, Trade and Exchange Department of the CBN, Dr Hassan Mahmud, made this known in a letter addressed to the President, Association of Bureau De Change […]

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Ihedioha

Ex-Governor, Ihedioha Resigns From PDP

Former Deputy Speaker of the House of Representatives, Mr Emeka Ihedioha, on Tuesday, resigned his membership of the Peoples Democratic Party (PDP). Ihedioha, also a former Imo governor said this in a letter addressed to the ward chairman of the party at Mbutu in Aboh Mbaise Local Government Area of the state on Tuesday. The […]

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Gov Sule Pix 2

NASENI, Nasarawa State, Firm Partner to Establish Tractor Manufacturing Plant in North-Central Geo-political Zone; Gov. Sule Visits NASENI to Discuss Project

The National Agency for Science and Engineering Infrastructure (NASENI), is set to collaborate with Nasarawa state government and Bobtrack Tractors, a division of Saint Bob Motors Limited to start the manufacturing and assembling of tractors in the north-central geo-political zone. The facilities and infrastructure available at one of NASENI’s Institutes, Agricultural Machinery and Equipment Development […]

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Dangote

Again, Dangote Reduces Diesel, Aviation Fuel Prices Further to N940, N980 Respectively

Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in the wake of its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 applies to customers buying five million litres and […]

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