News

A recent initiative by the Dangote Petroleum Refinery, which includes the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecommunications companies, the aviation sector, and other large-scale users across the country, with free logistics support to enhance the distribution network, has the potential to reduce inflation, create employment opportunities, and lower the prices of petroleum products. 

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Samer Chedid, CEO of Nestlé Indonesia has been appointed CEO of Nestlé Central and West Africa (CWAR) replacing Mauricio Alarcón who has taken on a new role within the Nestlé group.

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The Director General, Securities and Exchange Commission, Dr Emomotimi Agama has disclosed that the Commission is engaging with developers to co-create a framework for regulation of stablecoins.

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Against earlier plans to pay official visit to Kaduna state, President Bola Ahmed Tinubu is scheduled to visit Benue state following the massacre of over 200 people over the weekend.

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Leadway Assurance Company Limited has announced a landmark financial performance for the year ended December 31, 2024, posting a record-breaking ₦173.2 billion in insurance revenue, representing a 51% increase from ₦114.4 billion in 2023. 

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In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange Commission (SEC) have reaffirmed their commitment to fostering cross-border capital market partnerships.

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Dangote Petroleum Refinery is pleased to announce the commencement of a significant national initiative designed to transform Nigeria’s fuel distribution landscape. Effective 15th of August 2025, the Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boost distribution network.

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Kevin Ugwuoke, Executive Director and Chief Risk Officer of Fidelity Bank Plc, has formally assumed office as President of the Chartered Risk Management Institute of Nigeria (CRMI).

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As part of sustained efforts to bolster the operational capabilities of the Nigerian Air Force (NAF), the Chief of the Air Staff (CAS), Air Marshal Hasan Bala Abubakar, led a high-level delegation to the United States for a Programme Management Review Meeting on the acquisition of 12 AH-1Z Viper attack helicopters.

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The Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar, in a bid to strengthen collaboration between Nigeria and China, has met with the Governor of Hunan Province, His Excellency Mao Weiming, in Changsha, China, for high-level discussions aimed at deepening collaboration between Nigeria and Hunan Province at both federal and sub-national levels.

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