Month: August 2025

Chemical and Allied Products (CAP) Plc has partnered with the Nigerian Red Cross Society (NRCS) to deliver urgent relief to families affected by recent flooding in Mokwa, Niger State. This humanitarian intervention reflects CAP’s growing commitment to creating shared value and responding to community needs through long-term, impact-driven initiatives. The Mokwa flood in May was […]

The Dangote Refinery and Petrochemicals has named industry veteran David Bird as chief executive officer of its fuels and petrochemicals division, as the Nigerian conglomerate pushes to accelerate its expansion across Africa. In a statement to S&P Global’s Platts, Bird, formerly the head of Oman’s Duqm refinery and instrumental in its development, assumed his new […]

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed the commitment of the President Bola Ahmed Tinubu-led administration to positioning the private sector as a key driver of Nigeria’s economic growth and transformation. Edun gave the assurance on Friday during a courtesy visit to his office in Abuja by a delegation […]

Nestle Nigeria Plc has deepened its women empowerment initiative, which aims to support women in local communities by providing them with skills, resources, and opportunities to improve their livelihoods and contribute to their communities’ growth. The Company has expanded its flagship initiative, Nestlé Empowering Rural Women in Nigeria, to Agbara, Ogun State. This programme, which […]

As Africa is expected to be one of the key regions in terms of the global conventional refinery capacity additions, Nigeria has been seen as dominating that space. The continent is expected to contribute about 23 per cent of the total global capacity additions by 2030. According to ‘Projects Database’, GlobalData Oil and Gas, this […]

Wema Bank Plc has posted its financials for the half-year ended June 30, 2025, recording a 231 per cent rise in Profit Before Tax (PBT) to N101.2 billion, up from N30.55 billion reported in the corresponding period of 2024. According to the result released to investors on the Nigerian Exchange, the bank’s gross earnings rose […]

United Capital Plc has appointed Uche Ike as the Company’s new chairman, board of directors. This follows the retirement of Professor Chika Mordi, chairman of the Board, and Emmanuel Nnorom, non-executive director. This transition aligns with the recent directive from the Securities and Exchange Commission (SEC) on board appointments and director tenure for Public Companies […]

The CEO of OVI Construction Company Nigeria Limited, Anthony Ovunda, has reaffirmed that local firms are crucial to solving Africa’s infrastructure innovation problems across the African continent He stressed the importance of building sustainable, people-focused projects that offer long-term value. In a statement issued in Abuja yesterday, Ovunda highlighted the potential of African companies to […]

The Society of Petroleum Engineers (SPE) Nigeria Council has identified key progressive areas to help Nigeria achieve key energy transition goals. Speaking while unveiling SPENAICE 2025, the Society’s annual international conference and exhibition, which will be held from August 2nd to 6th in Lagos, the chairman of the SPE Nigeria Council Dr. Amina Danmidanmi, observed […]