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The effect of global warming on Nigeria’s climate has led to increasing incidences of flooding, droughts, and other climate disasters as per some experts. With its rapidly growing population and an economy heavily dependent on oil, Nigeria is Africa's second-largest carbon emitter. Thankfully, as part of the Paris Climate Agreement, the...
President/CE, Dangote Industries Limited and Africa's wealthiest man, Aliko Dangote yesterday received the prestigious award of the ‘Champion of CILT’ in recognition of his personal and the group’s contributions and support in areas of transport, logistics and supply chain management in Nigeria and Africa. The award was bestowed on him...
President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of...
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...
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said the intervention of the apex bank has led to a huge reduction in imported rice from Thailand. Emefiele made this known on Tuesday when he spoke at the unveiling of the FCT mega rice pyramids under the RIFAN-CBN Anchor Borrowers’...
Singer Portable has credited popular rapper Olamide as the one bankrolling him. In an interview with Jahbless where he made this known, the Zazoo Zeh crooner said the YBNL boss has been instrumental in his rise to stardom. According to him, even though renowned show promoter Kogbagidi has been helpful to...
The Nigerian banking sector recorded impressive growth in the first quarter of the year, recording a 23.24% year-on-year increase in real GDP. This is also evidenced by the performance of the twelve commercial banks listed on the Nigerian Exchange (NGX). Wema Bank proved its mettle in the key metrics of...
As part of an effort to aid trades among African countries and strengthen the continent's economy, an all-encompassing and highly anticipated payment system anticipated, the Pan-African Payments and Settlement System (PAPSS) has been officially launched. The payment technology was launched in Accra, Ghana, on Thursday, January 13, in a virtual...
The Nigerian government says it lifted the ban placed on the operation of microblogging site Twitter, because the company has made some concessions, and talks between both parties have been fruitful. A senior government official disclosed that the government decided to lift the suspension because Twitter has agreed to terms...
The Aliko Dangote Foundation (ADF) has commenced the implementation of its nutrition flagship program, tagged: Aliko Dangote Foundation Integrated Nutrition (ADFIN) program in Kano State. According to the ADF’s Director of Health and Nutrition, Dr. Francis Aminu, the program is in line with the plan to use the newly refurbished...