Dangote’s Position On Pricing
Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL. This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedev…
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Borno: Aliko Dangote Foundation donates N1bn to Maiduguri Flood Victims
... Presidential Committee on Flooding also donates N1bn Chairman of Aliko Dangote Foundation (ADF) and Chairman, National Committee on Flood Relief and Rehabilitation, Mr. Aliko Dangote, has donated a whopping sum of one billion Naira to help assuage the pains of the Maiduguri flood victims in Borno State. The Presidential Committee on Flood Relief and Rehabilitat…
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Polaris Bank Inducted Premium Member of Nigeria-British Chamber of Commerce
Polaris Bank has been inducted a premium member of the prestigious Nigeria-British Chamber of Commerce (NBCC), marking another milestone in the Bank’s journey towards enhancing profitable trade between businesses in Nigeria and promoting global commercial partnerships with businesses in United Kingdom. The induction ceremony which took place recently in Lagos with f…
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Fidelity Bank Plc Donates Maternity Kits to Pregnant Women in Yaba, Lagos
Fidelity Bank Plc, a leading financial institution, has donated maternity kits to pregnant women in Aiyetoro, Yaba Local Council Development Area (LCDA) of Lagos State. This donation is part of the bank’s Corporate Social Responsibility (CSR) efforts under the Fidelity Helping Hands Program (FHHP). The initiative, spearheaded by the Crestcore Inductees Class, undersc…
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Sterling Pioneers Africa’s First Indigenous Core Banking System
Nigeria’s leading commercial bank and Africa’s most agile company, Sterling Bank Limited, has made history by migrating to what is believed to be the continent’s first ever indigenous core banking solution called SeaBaaS. The implementation of SeaBaaS, developed by Peerless, marks the completion of a new banking system announced to customers in August 2024. This stra…
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African Union Writes South Africa, Nigeria as race for AFRIMA 2025 and 2026 Hosting Rights hots up
… As Morocco expresses interest South Africa may become the host of the next two editions of the All Africa Music Awards (AFRIMA) after receiving a letter of invitation from the African Union (AU) to take advantage of the hosting rights for the 2025 and 2026 editions of the prestigious award The invitation was extended through a letter with reference number HHS/CUL/1…
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NIPR appoints Rasheed Bolarinwa, Head FinanceHub Committee
Governing Council, Nigerian Institute of Public Relations, NIPR, has announced the appointment of Rasheed Bolarinwa, the President, Association of Communication and Marketing Professionals in Banks, ACAMB, as chairman of its newly created Management Committee of FinanceHub. NAN reports that the committee, comprising of banking, insurance, and pensions, is meant to …
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Dangote Industries Limited, again emerges as the Most Valuable Brand in Nigeria for 7th time
For the seventh consecutive years, Dangote Industries Limited, has again emerged as most valuable brand in Nigeria, leading other top brands like MTN, Airtel, Access Bank, Globacom and many others. The latest report of the TOP 50 BRANDS NIGERIA® rankings, an annual celebration of the most influential and valuable brands in the country, revealed this. Dangote is imm…
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Polaris Bank, NCF take tree planting initiative to Kano
Polaris Bank Limited has taken its tree planting initiative aimed at nationwide land restoration to Kano State working in partnership with the Nigeria Conservation Foundation (NCF). The commemorative tree planting activity was held at Ajingi Community Reserve, Kunkurawa, Kano on Friday, August 30, 2024. Recall that the Bank’s tree planting scheme commenced commemorat…
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Engineers hail Dangote Petroleum Refinery as Awesome and Mind-blowing
…As company prepares for PMS rollout ...Dangote commended for hiring, nurturing Nigerian Engineers The League of engineering bodies in Nigeria have hailed the huge scale of engineering structures at the Dangote Petroleum Refinery and Petrochemicals and Dangote Fertiliser Plant at Ibeju-Lekki, Lagos State, describing the superstructure at the complex as awesome and …
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NNPC increases Fuel Price to over N850
Fuel stations of the Nigerian National Petroleum Company Limited (NNPC) have increased the fuel price to over N850 per litre in the country. This action was said to be in compliance with a directive given by the NNPC management compelling an immediate increment of fuel official price from N568 to N855 .
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1,500 Osun Residents Benefit from Fidelity Food Bank Outreach
Over 1,500 residents made up of women, children, widows, and the elderly have benefited from the one-day feeding program organized by Fidelity Bank in Osun State. The food bank project was held at St. Benedict Catholic Church, Osogbo, Osun State under the bank’s Corporate Social Responsibility (CSR) Initiative created to reach out to vulnerable persons and reduce the…
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Stock Exchange rates Fidelity Bank highest on corporate governance
Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+, the highest rank under the Corporate Governance Rating System (CGRS), which screens quoted companies against prescribed best practices and standards. A…
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Ecobank Group Set to Announce Top Finalists for the 2024 Fintech Challenge in Lagos, Nigeria
Ecobank, the pan-African Bank, has announced that its first-ever Fintech Challenge semifinal event will be held in Lagos, Nigeria. Scheduled for Wednesday, August 14, the hybrid event will take place at the Ecobank Pan African Centre (EPAC) Lagos. The 2024 “Ecobank Fintech Challenge had over 1,550 applications from 70 countries from which only 40 semi-finalists w…
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Union Bank Upgrades to PCIDSS v4.0 Certification
Union Bank, one of Nigeria’s most noteworthy and trusted financial institutions, has received another significant recognition with its recent attainment of the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification. This notable achievement, which is an upgrade from the previously awarded Payment Card Industry Data Security Standard (PCIDSS…
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Enforce the PIA act on crude supply, Dangote urges NUPRC
Management of Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be allowed to buy crude directly from the companies that produce it in Nigeria rather than from international m…
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Rapper Blueface bags 4 years jail for violating his probation
American rapper, Blueface was on Friday sentenced to four years in prison for violating his probation. The 27-year-old born Johnathan Porter, was given the maximum sentence after being found with drug paraphernalia, violating the terms of his 2021 probation, TMZ reported. His father Johnathan confirmed the news in a tearful video on social media after supporting hi…
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We still can't secure our full crude requirement from NNPC-Dangote insists
The Management of Dangote Petroleum Refinery has insisted that it is not yet getting enough crude required for the effective optimization of its refinery from the Nigerian National Petroleum Corporation Limited (NNP). The Refinery Management, in a release signed by, Group Chief, Branding and Communications Officer, Anthony Chiejina revealed that , “we therefore stil…
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Eti Osa Council Partners Entafield Clinic for 'Smile Lagos: 1000 Denture Project,'
Eti Osa Local Government has inked Entafield Dental Clinic to launch the 'Smile Lagos: 1000 Denture Project,' a free dental care outreach program aimed at transforming the lives of over 1,000 Lagosians. The initiative that is designed to enhance smiles and boost the confidence of residents by providing top-quality dental care at no cost will be held on Augu…
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Investors Scramble for Fidelity Bank’s Offers
Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public offers and voluminous trading at the stock market. Current weekly report shows tha…
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