ATIKU

507 posts

  • Elumelu lauds FG’s Economic Recovery Plan at UBA’s AGM

    The Chairman of the United Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating the Nigerian economy, and bringing to bear a coordinated policy response that will positively jumpstart the Nigerian economy. According to Mr Elumelu, recent actions by […]
  • NUPENG, Tanker Drivers, Suspend Strike

    The National Union of Petroleum and Natural Gas Workers, NUPENG, has suspended its nationwide strike following the timely intervention of the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru. The GMD said his intervention was in the national interest. Mediating over the faceoff between the Petroleum Tanker Drivers, PTD, and the […]
  • NNPC Moves to Recover N11bn Missing Petrol from Capital Oil

    The Nigerian National Petroleum Corporation (NNPC) on Friday announced measures to achieve full recovery of over 130 million litres of Premium Motor Spirit (PMS), also known as petrol, stored in the facilities of two indigenous downstream operators, MRS Limited and Capital Oil & Gas Limited, under a throughput arrangement to ensure a robust strategic reserve. […]
  • Fidelity Bank Restates Commitment to Entertainment Industry

    Fidelity Bank Plc yesterday reiterated its resolve to support operators in the entertainment industry. The bank’s Chief Executive Officer, Mr. Nnamdi Okonkwo, said this on the Fidelity SME Forum monitored on Inspiration FM, which he anchored yesterday. The programme had popular comedian, Atunyota Akporobomerere, whose stage name is Ali Baba. Okonkwo said when Fidelity Bank […]
  • Nigeria Targets 10 per cent Global LNG Sales

    Nigeria is set to capture at least 10 per cent of the global market share of Liquefied Natural Gas, LNG, as part of the concerted efforts to harness the nation’s gas resources which currently stand at 192 Trillion Cubic Feet, tcf, of proven reserve. NNPC Group Managing Director, Dr.Maikanti Baru, who stated this while delivering a Keynote address at the 2017 Society of Petroleum Engineers, SPE, Oloibiri […]Read More
  • Dangote Foundation spends N200m to rehabilitate Kano Specialist Hospital

    To complement its N7 billion Surgical and Diagnostic Centre (SDC) currently under construction, the Dangote Foundation has concluded the renovations of some sections of the Murtala Muhammed Specialists’ Hospital, Kano which gulped over N200 million. The 900 bed capacity hospital, reputed for highest number of in-patients in sub-Saharan Africa has been lacking facilities that may […]
  • Dangote turns Nigeria cement exporter

    Dangote Cement Plc (www.Dangote.com) exported 0.4 million tons of cement to other countries in 2016, 54 per cent more than what it shipped in 2015. The export by Africa’s foremost cement manufacturer, has ended the era of Nigeria’s dependence on importation. News about the increased export was not the only one delivered by the company […]Read More
  • Zenith Bank dodges recession, declares N129b profit

    In a recession year, Zenith International Bank Plc has managed to stay afloat, declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share for 2016. The company’s audited account released by the Nigerian Stock Exchange (NSE) on Monday in Lagos showed the bank grew its profit by 22.7 per […]
  • Editorial: How long more can Buhari stay away from Office?

    With the Presidency failing to give Nigerians a clear statement on when President Buhari would return to the country, from his now indefinite vacation, the issue has become the source of much controversy and anger, with many Nigerians urging the Senate to begin the process of invoking Section 144 of the constitution to declare his […]
  • Dangote Food Companies Reward Distributors With Cash Prizes

    Distributors of the Dangote foods companies, including Dangote Flour, Sugar and Salt smiled home last night as the management of the Companies doled out over N2 billion as rewards for their loyalty to the companies over the past one year.  At a colourful Gala night which the distributors were hosted to last night, top performers […]
  • Dangote sets to launch 25,000 hectares of rice out grower scheme in Sokoto

    Dangote Rice, a subsidiary of Dangote Group is set to launch in Sokoto, Sokoto state it’s multi-million naira 25, 000 hectares of rice Outgrower scheme with a prospect of hundreds of thousand of employment opportunities for the rural communities inhabitants. President of the Group, Aliko Dangote disclosed at the weekend that the Company will on […]