The Honda Management team led by the Managing Director, Mr Takashi Nakajima, on Tuesday 30th May, 2023, presented the new Nigerian built Honda HRV to the DG NADDC, Jelani Aliyu, MFR, at the Council’s Headquarters in Abuja. While making a demonstration of the vehicle, Mr Remi Adams, the company’s Sales...
The Nigerian National Petroleum Corporation Limited (NNPCL) has confirmed an upward review of pump price of petrol. Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Ltd, confirmed this in a statement on Wednesday afternoon. “NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS...
As part of its development finance move, the Central Bank of Nigeria over the years supported critical projects to reflate the economy and drive national growth. Due to its potential to drive economic growth, the Dangote refinery is one of the critical projects the CBN has invested in especially by...
Dangote Industries Ltd. plans to ensure that Nigeria becomes self-sufficient in cement, agriculture, mining and petroleum products. The Regional Sales Director, Southeast Dangote Cement, Dr Abayomi Shittu stated this in Enugu on Thursday during Dangote Special Day at the on-going 34th Enugu International Trade Fair. Dangote Industries Ltd. is into cement,...
The Chief Executive Officer of Twitter, Elon Musk, has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media. The email to employees referred...
FirstBank of Nigeria has appointed Aishatu Bubaram as group executive, Commercial Banking North Division, making her the first female from Northern Nigeria to attain an executive management position in the bank. Prior to her appointment, she was the group head, Commercial Banking North, a position she assumed in 2016 following...
says 34 countries, 20 milion farmers to benefit The African Development Bank (AFDB) says it has put in place a $1.5b Emergency Food Production Facility to support food sufficiency in Africa. The President of the AFDB, Dr. Akinwunmi Adesina, who stated this in an interview at the Governor's Office, Oke...
Nigerian startup airline, Rano Air, has reportedly secured four EMB-145LRs aircraft to start operations in 2022. This was disclosed in some social media posts on Tuesday. Videos of the new aircraft were also uploaded on social media. In January, the company applied for an Air Transport License (ATL) with the Nigerian...
Poised to increase the number of Technology startups in the Information and Communication Technology (ICT), in the state and taping into the $34b innovation economy, the Ogun State government, has entered into a strategic partnership with GetFundedAfrica. The Chief Press Secretary to Ogun State Governor, Kunle Somorin stated this in...
The Central Bank of Nigeria (CBN) has released the sum of $265 million to airlines operating in the country to settle outstanding ticket sales in an apparent move to check a brewing crisis in the country’s aviation sector. A breakdown of the figure released on Friday indicates that the sum...