Business

2021: Dangote increases sugar production

…..by 9.2% to 811,962 tonnes For the full year ended December 31, 3021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent to…

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NNPC assures of supplies as team visits depots for compliance with operations directive

The Nigerian National Petroleum Company (NNPC) Ltd. has expressed satisfaction with the level of compliance by petroleum products depots with the directive to extend hours of operation, to end the…

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TCN upgrades Egbin Transmission Substation

The Transmission Company of Nigeria (TCN) says it has upgraded its Egbin 330/132/33 Kilo Volt (kV) Transmission Substation in Lagos State, with installation of a 60 Mega Volt Ampere (MVA)…

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Dangote Cement Wins Best Quality Brand Award in West Africa

For the umpteenth time, leading cement brand, the Dangote Cement has won the coveted West Africa’s Best Quality Cement Brand of the Decade award.  The foremost cement manufacturer in Africa…

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AfricaNXT: Benefits await firms, digitally-inclined Nigerians in 5G

Strong indications have emerged that businesses and corporations in Nigeria are warming up to leverage the high-speed, capacity and low latency features of the forthcoming Fifth Generation (5G) network rollout…

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NPA designates Lilypond Terminal as non-oil export processing facility

The Nigerian Ports Authority (NPA) on Thursday affirmed the designation of the Lilypond Container Terminal in Ijora, Lagos as a specialised processing and handling facility for the exportation of the…

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Dangote Cement sustains tax charge of N173.93bn for 2021 

Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for the financial year ended 31st December 2021. According…

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Pantami, Danbatta lead Nigerian delegation to MWC 2022 

 …Meet with US Delegation, OEMs, Others   The Honourable Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, accompanied by the Executive Vice Chairman and Chief Executive Officer (EVC/CEO)…

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Navy appoints new maritime guard commander for NIMASA

The Nigerian Navy has appointed Commodore Aliyu Gaya as the new Maritime Guard Commander of the Nigerian Maritime Administration and Safety Agency (NIMASA). The Director General of NIMASA, Dr Bashir…

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Dangote Cement’s commitment to climate change yields dividend

…Proposes dividend of ₦20.00 per share Dangote Cement’s commitment to environmental disclosures and sustainability is yielding the desired results with Carbon Disclosure Project (CDP) raising its rating from C to…

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