NNPC, Dangote Refinery forge alliance for Nigeria’s energy future
The Nigerian National Petroleum Company (NNPC) Limited and the Dangote Petroleum Refinery have committed to fostering mutually beneficial partnerships and healthy competition aimed at enhancing Nigeria's energy security. This pledge…
NNPC’s new CEO removes PH, Warri, Kaduna refinery MDs amid restructuring
Bayo Ojulari, the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Ltd, has removed the managing directors of the Kaduna, Port Harcourt, and Warri refineries.…
Women get top roles as Ojulari axes Kyari’s men in NNPC management overhaul
In a sweeping overhaul of its leadership structure, the Nigerian National Petroleum Company (NNPC) Ltd has dismissed several high-ranking executives. Notably among those affected are Bala Wunti, former head of…
Guinness Nigeria celebrates 75 years of brewing greatness and building for more
Guinness Nigeria Plc, the nation’s leading total beverage alcohol company, proudly marks its 75th anniversary—a celebration of heritage, innovation, and unwavering connection to the Nigerian people. Founded in 1950, Guinness…
NDIC begins payment of ₦46.6bn liquidation dividends to Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has started paying N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank. The funds were realized from the sale of the…
MTN confirms cybersecurity breach affecting customer data
MTN Group, Africa's largest telecom provider, has reported a cybersecurity breach compromising customer data in some markets. The breach resulted from unauthorized third-party access to parts of MTN's environment. Impact…
Chart & Capstone Integrated, Sinomach-HE sign $1bn iron ore-to-steel project agreement in China
Chart & Capstone Integrated Ltd and Sinomach-HE Sign Financial and Technical Agreement for $1 Billion Iron Ore-to-Steel ProjectChart & Capstone Integrated Ltd, a Nigerian company, and Sinomach-HE, a Chinese firm,…
Beiersdorf unveils Eucerin skincare solutions in Nigeria
Beiersdorf, a globally renowned skincare company and maker of NIVEA, has once again reinforced its status as one committed to providing science-backed skincare solutions. The company on Friday March 28…
Fitch upgrades Nigeria’s rating to ‘B’, outlook stable
Fitch Ratings has upgraded Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B' from 'B-', with a stable outlook. The upgrade reflects increased confidence in the government's commitment to policy…
Woodhall Capital Foundation, Mentor Intro Africa launch mentorship programme for captains of industry
The Woodhall Capital International Foundation (WCIF) and Mentor Intro Africa have partnered to launch a six-week intensive mentorship programme for a new generation of Captains of Industry. The programme, which…