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Business

Home Business Page 86
N10.5M available as Heirs Group launches essay championship entries
Posted inBusiness

N10.5M available as Heirs Group launches essay championship entries

Heirs Insurance Group has launched applications for the fourth annual Essay Championship aimed at Junior Secondary School students across the country. This year’s edition includes N10.5 million prizes for winning…
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Posted by Taiwo Ayomide May 28, 2025
FrieslandCampina WAMCO names Yinka Sanni, former CEO of Stanbic IBTC Holdings, as Chairman
Posted inBusiness

FrieslandCampina WAMCO names Yinka Sanni, former CEO of Stanbic IBTC Holdings, as Chairman

Yinka Sanni, former CEO of Stanbic IBTC Holdings, has been appointed as Chairman by FrieslandCampina WAMCO. This occurred after Mr. Moyo Ajekigbe's retirement, who had chaired the Board from 2010…
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Posted by Taiwo Ayomide May 28, 2025
FG welcomes investment by Silicon Valley Economic Development
Posted inBusiness

FG welcomes investment by Silicon Valley Economic Development

As it hosted a high-level delegation of investors from Vietnam in Abuja, the Federal Government expressed strong support for new international investments being directed into Nigeria through the Silicon Valley…
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Posted by Taiwo Ayomide May 28, 2025
FG: $1.5 billion Lekki Sea Port requires additional dredging
Posted inBusiness

FG: $1.5 billion Lekki Sea Port requires additional dredging

To attract more vessels of larger capacity into the nation’s ports, the Federal Government, at the weekend gave the nod for the maintenance dredging of the $1.5bn Lekki Deep seaport…
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Posted by Taiwo Ayomide May 28, 2025
Capital of AfDB under Adesina’s leadership expands from $93 billion to $318 billion in a decade
Posted inBusiness

Capital of AfDB under Adesina’s leadership expands from $93 billion to $318 billion in a decade

Over the last ten years, the African Development Bank (AfDB) experienced a 241.9% increase in capital growth. This coincides with the institution gearing up for a leadership change this week,…
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Posted by Taiwo Ayomide May 28, 2025
NOA warns Nigerians not to scoop fuel at accident scenes
Posted inBusiness

NOA warns Nigerians not to scoop fuel at accident scenes

The National Orientation Agency (NOA) has ramped up its nationwide campaign against fuel scooping, cautioning Nigerians to avoid the hazardous practice of gathering spilled fuel at tanker accident sites. The…
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Posted by Taiwo Ayomide May 28, 2025
Sugar ‘crisis’: Analyst cautions FG regarding punitive taxes
Posted inBusiness

Sugar ‘crisis’: Analyst cautions FG regarding punitive taxes

A Lagos-based public affairs analyst, Omonaye Okoro, has cautioned the federal government against what he called punitive taxes following the current debate on the call for increased taxation on Sugar-Sweetened…
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Posted by Taiwo Ayomide May 28, 2025
Dangote targets N11.2bn daily revenue from fertiliser export
Posted inBusiness Entertainment

Dangote targets N11.2bn daily revenue from fertiliser export

Alhaji Aliko Dangote, the President of Dangote Industries Limited (DIL), has revealed that DIL is set to generate a daily revenue of $7 million (N11bn) from fertiliser exports within the…
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Posted by Taiwo Ayomide May 28, 2025
NDPHC: Electricity generation impacted by N600bn debt
Posted inBusiness

NDPHC: Electricity generation impacted by N600bn debt

Engr. Jennifer Adighije, the Managing Director of Niger Delta Power Holding Company (NDPHC) Limited, has indicated that challenges related to gas supply, transmission limitations, and a debt of nearly N600…
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Posted by Taiwo Ayomide May 27, 2025
Concerns about the P/Harcourt refinery closure following a $1.5 billion refurbishment
Posted inBusiness

Concerns about the P/Harcourt refinery closure following a $1.5 billion refurbishment

The declaration by the Nigerian National Petroleum Company Limited (NNPCL) regarding the closure of the Port Harcourt Refining Company (PHRC), also called Port Harcourt Refinery, has sparked a wave of…
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Posted by Taiwo Ayomide May 27, 2025

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