As part of its commitment to supporting the educational sector in Nigeria, LOTUS Bank, a leading Non-interest financial institution, has donated a brand-new 18-seater bus to Yaba College of Technology, Lagos. The donation was made alongside other contributions, which includes the renovation of the college’s Banking and Finance Department, the provision of office equipment for…
In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos, alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted by Africa’s richest man, Aliko Dangote, the petroleum refinery with…
World Class Projects The Dangote Petroleum Refinery is located in the in Ibeju-Lekki, Lagos, covering a land area of approximately 2,635 hectares (seven times the size of Victoria Island). World’s Largest Single-Train 650,000 barrels per day Petroleum Refinery with 900 KTPA Polypropylene Plant. The 435 MW Power Plant in the Refinery alone will be able…
Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022. This endorsement was made at the holding company’s second annual general meeting held on Thursday, virtually. The Group proposed a final dividend of N2.80…
The International Committee of the All Africa Music Awards (AFRIMA), has implored governments of African countries to arrest the growing cases of violent deaths against music stars on the continent just as it urged the South African authorities to expedite the process of prosecution of the killers of rapper Kiernan Forbes popularly known as AKA.…
The Aliko Dangote Foundation (ADF) has commenced the disbursement of hundred thousand naira (N100,000) and Dignity Packs to each of the Nigerian returnees from Sudan. The money and the Dignity Packs were given out to the evacuees upon arrival at the airport in Abuja yesterday. All the evacuees, irrespective of the number, will be given…
Lawmakers-elect of the Lagos State House of Assembly began a 3-day induction programme on Friday with Speaker Mudashiru Obasa advising them to eschew greed and selfishness while they represent their constituents. Dr. Obasa further tasked the members-elect to develop the political will to effectively perform oversight functions as part of their responsibilities. Declaring the programme…
Stanbic IBTC Holdings PLC, a leading provider of financial services in Nigeria, is pleased to announce the commencement of operations of its wholly-owned financial technology subsidiary. Having received all required regulatory approvals and licenses to commence operations, the subsidiary will operate under the name Stanbic IBTC Financial Services Limited. It will function primarily as a…
Mouka, Nigeria’s leading brand of mattresses, pillows, and other bedding products, has recently commenced a national consumer promo dubbed “Season of Celebration”. According to the manufacturer, the promotion is intended to excite consumers with gifts on purchases made from April 2023 while stock lasts. Despite the situation in Nigeria, the Mouka brand remains committed to…
The Oyo State Road Transport Management Authority (OYRTMA) has moved to further integrate relationships with Local Government Authorities across the State in a bid to consolidate on its existing Community Traffic Management System. This, according to the Agency, is in-line with the sustainable development agenda of the Oyo State Government under His Excellency, Governor Seyi…