Business Archives - Page 3 of 37

Buhari Joins Five African Presidents to Inaugurate Dangote Petroleum Refinery Today

Tomi Lala2 years ago013 mins

•Marketers list necessary things for sustainability •NEPZA boss commends Dangote In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today inaugurate Dangote Petroleum Refinery and Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos, alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted…

Marketers actively seek cheaper fuel as Dangote Refinery opens tomorrow

Tomi Lala2 years ago07 mins

As the Dangote Refinery begins operations tomorrow (Monday), oil marketers have expressed optimism that the facility will help reduce the cost of petrol, if the government deregulates the commodity. SAHEL STANDARD had reported earlier that the Dangote Refinery, established by Africa’s richest man, Aliko Dangote, is scheduled to be inaugurated on May 22. A presidential…

Nigeria needs $12bn to clean up oil spills – Report

Tomi Lala2 years ago03 mins

Nigeria needs $12bn to clean up decades-old oil spills in southern Bayelsa State over a 12-year period, a new report revealed on Tuesday, as it singled out two international oil companies, Shell and Eni, for being responsible for most of the pollution. Oil majors in Nigeria have long faced legal challenges over Niger Delta spills,…

ACCI, SMEDAN Partner on Funding Forum for SME

Admin2 years ago04 mins

Abuja Chamber of Commerce and Industry (ACCI) delegation led by the Executive Director National Chamber Policy Centre (NPAC) of the Chamber, Mr. Chidiebere Onwumere paid a courtesy call on the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) seeking partnership for the upcoming SME event, “The Funding Forum” jointly owned by ACCI and Centre…

ACCI Commemorates Workers Day

Admin2 years ago02 mins

The Abuja Chamber of Commerce and Industry (ACCI) joins the rest of the world to celebrate the 2023 Workers Day. The Chamber applauds all workers in Nigeria for their effort, hard work and dedication towards national economic growth and development of the country. The International Labour Day also know as Workers Day Nigeria is celebrated…

No plan to ditch new banknotes,says CBN

Tomi Lala2 years ago02 mins

The Central Bank of Nigeria (CBN) has denied rumours of a plan to withdraw newly redesigned banknotes from circulation. In a statement issued by the Acting Director of Corporate Communications, Dr Isa AbdulMumim, the CBN dismissed the speculations as baseless and aimed at creating unnecessary panic among the public. “We wish to state emphatically that…

Of Araraume and the conversation around tenured NNPCL appointments

Tomi Lala2 years ago022 mins

By Sufuyan Ojeifo But for an international conference that engaged Justice Inyang Ekwo outside the country on March 28, this year, and made it impossible for him to give his judgment in the suit by Senator Ifeanyi Godwin Araraume against President Muhammadu Buhari and two others in which, as the plaintiff, he (Araraume) challenged his…

Eid-el-Fitri Celebration: ACCI President Calls for Favourable Policies for Business Community

Admin2 years ago03 mins

The President of Abuja Chamber of Commerce and Industry (ACCI), Dr Al-Mujtaba Abubakar has joined other leaders across the world to felicitate with all Muslim faithfuls for the celebration of the 2023 Eid-el-Fitri. Dr Abubakar who stated that the celebration is significant to Muslims added that Ramadan season was a period to pray to God…

ITEC Expo, 2023; Leveraging On Tech For National Growth

Admin2 years ago04 mins

The International Technology and Communications Expo (ITEC EXPO 2023) organized by Afrinex West Africa Limited is Africa’s top investment business Expo established to bridge the gap between African investment prospects and international investors with the main goal of taking on all of the stringent processes for bringing new investors into the economy and also with…

NNPCL Board: Araraume floors Buhari, as court voids removal as non-executive chairman

Tomi Lala2 years ago05 mins

▪︎ Restored to office▪︎ Awarded N5b in damages▪︎ Judgment voids all decisions by board since removal In a historic decision against a sitting President, Justice Inyang Ekwo of the Federal High Court on Tuesday voided the removal of Senator Ifeanyi Godwin Araraume as non-executive chairman of the Board of the Nigeruan National Petroleum Company Lmited…