President, Dangote Group, Alhaji Aliko Dangote, said close to $500m have been expended on the Dangote Sugar Refinery in Tunga, Nasarawa State, with the project when completed, expected to generate 90 megawatts of power, as well as provide direct employment for thousands.
Alhaji Dangote disclosed this when he led the...
Electricity Distribution Companies have stated that tariff will increase from July 1, 2023.
In statements sent to respective consumers on Sunday night, the DisCos stated that the review was due to the fluctuation of the naira in the exchange rate market.
This statements which were worded in similar fashion included that...
The World Bank on Friday approved debt relief for the poor and vulnerable member-countries of its International Development Agency (IDA) as the coronavirus pandemic continues to take a devastating toll on the global economy.
The World Bank Group President, David Malpass, announced the debt relief during the Spring 2020 Plenary...
The Federal High Court, Abuja Division, has directed Binance Holdings Limited to provide vital information about Nigerian traders on its platform, as ordered by Justice Emeka Nwite following an ex parte motion filed by the EFCC.
Justice Nwite's ruling grants an interim order compelling Binance to furnish the EFCC with...
Minister of Interior, Ogbeni Rauf Aregbesola, has charged the management of the Indorama Petrochemicals and Fertilizer Limited, Port Harcourt, to create a clear career path for their Nigerian staff through promotion, upgrade, conversion and advancement in their chosen fields.
Ogbeni Aregbesola made the remarks on Monday when he paid a...
The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
NNPC Ltd. urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the...
The Nigerian Breweries Plc has paid N416 billion since 2016 to become the highest tax-paying firm in the manufacturing industry in Nigeria, Chairman of the Board of Directors, Chief Kola Jamodu, has disclosed.
Jamodu, who disclosed this during the commissioning ceremony of N56 billion expansion civil works at Ama Brewery...
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...
United Bank for Africa (UBA) Plc on Monday awarded millions of Naira as education grants to winners of its annual national essay competition.
A 14 year-old student of Louisville Girls High School, Ogun State, Miss Oluwatoroti Jolaosho emerged the overall winner of the 2019 edition of the UBA Foundation National...
The BUA Group has signed a partnership deal with CIMC ENRIC, to establish a 700-ton-per-day mini LNG project in Nigeria.
The signing ceremony, according to a statement issued by BUA, took place yesterday at the company’s headquarters in Lagos, Nigeria.
The strategic partnership marked a significant milestone in BUA Group’s expansion...
