The management of Dangote Industries Limited, DIL, has insisted that its acquisition of the Obajana Cement Plc in 2002 followed due process, contrary to claims by the Kogi State government.
The conglomerate asserted that Kogi State government has no equity interest in Obajana Cement Plc. It also stated that the company as...
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received three prestigious awards at the 2024 Global Sustainable Finance Awards, which was hosted by The Digital Banker.
This prestigious event honors financial institutions leading in sustainable finance and responsible investment practices globally. The...
Sijibomi Ogundele, the Managing Director (MD) and Chief Executive Officer (CEO) of Sujimoto, a real estate company, recently granted an interview, where he talked about an investment opportunity in his firm.
When asked if there is an investment opportunity in his company in view of the lingering novel coronavirus, Ogundele...
The National Insurance Commission (NAICOM) has said insurance companies would henceforth be sanctioned if it is guilty of huge unsettled claims.
This disclosure was made at a meeting organised by the NAICOM and the College of Insurance and Financial Management (CIFM), which held in Lagos.
In his presentation, Commissioner for Insurance,...
Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year. This achievement was confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA, as part of its comprehensive 2023 Top Brands perception assessment.
Winning the award for a record 6th time confirms the foremost African indigenous Conglomerate’s unwavering dominance of...
Air Peace CEO Allen Onyema discusses why its customers experience flights cancellation.
For Allen Onyema, the Chief Executive Officer (CEO) of Air Peace, cancellation of flights is what its customers face due to unforeseen circumstances.
In an interview with This Day, where he explained why that happens sometimes, Onyema said Air...
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent.
Besides, the organisation expressed a belief that the success of Dangote Refinery project could incentivise the rise of similar projects...
Dangote Sugar Refinery Plc has reported a profit before tax (PBT) of N82.3 billion in the year ended December 31, 2022, indicating an increase of 142 percent to N48,28 billion over N34.billion recorded in the corresponding period in 2021. According to the annual report of the Sugar company, profit...
Wema Bank has been recognised as the best workplace for millennials and for promoting a culture of innovation.
The lender mentioned in a statement that the recognition was part of its achievement, being certified as a Great Place to Work for 2024-2025, marking the second consecutive year of receiving the...
In what appeared to be a similar situation with Air Peace, Nigerian private airline, Bristow Helicopters has sacked no less than 100 pilots. This, according to the helicopter operator, was due to the raging COVID-19 pandemic.
Sadly, the pilots were not the only ones rendered jobless, the company also sacked...