Author: Ifetayo Adeniyi

Dangote plans setting up London trading firm for Lagos refinery smooth running President of Dangote Group, Aliko Dangote, is planning to set up an oil trading firm that will be based in London as part of strategies to help run crude and product supply for his new refinery in Lagos, Nigeria. This, according to six sources familiar with the matter, who told Reuters on Tuesday that, “the giant 650,000 barrel-per-day refinery is set to redraw global oil and fuel flows and the trading community is closely watching the way it will operate.” Dangote unveiled the Dangote Petroleum Refinery in Ibeju-Lekki,…

Awwalu: Kano Keke Rider Who Returned Missing N15m Gets N250m Scholarship In what looked like a competitive gesture, the 23-year-old Kano-based commercial Tricyclist, Awwalu Salisu, who returned a cash of N15million left in his tricycle by a Chadian businessman in 2023, has been offered a scholarship upto PhD level of education to the tune of N250million. Awwalu was celebrated by LEADERSHIP Media Group on Tuesday at its annual conference and awards ceremony as the winner of its ‘Outstanding Young Person of the Year 2023’ Award due to his rare act of honesty. A fellow awardee and presidential candidate of the…

Leading Real Estate Giant: Our Adron Homes Success Story At Adron Homes and Properties, we are proud to say that success is not just a word but a process that leads to results. We strongly believe that there are no shortcuts to success, and that’s why we put in various efforts in the process leading to our success story becoming a glory for everyone to see. For over a decade, Adron Homes has consistently been on top of its game as the leading real estate company whose story resonates with everyone. Our success story is a testimony to our reliability,…

Transcorp Power hits N2tr on listing rally From left: Non-Executive Director, Nigerian Exchange Group, Mr. Nonso Okpala; President/GCEO, Transnational Corporation(Transcorp) Plc, Dr. Owen Omogiafo; Acting CEO, Nigerian Exchange Group, Jude Chiemeka; Managing Director/CEO, Transcorp Power Plc, Mr. Peter Ikenga; Group Chairman, Transcorp Plc, Mr. Tony Elumelu; Chairman, Nigerian Exchange Group, Dr. Umaru Kwairanga; Non-Executive Director, Transcorp Power Plc, Peter Hertog; Chairman, Transcorp Power Plc, Mr. Emmanuel Nnorom; Chief Financial Officer, Transcorp Plc, Evans Okpogoro and Non-Executive Director, Transcorp Power Plc, Risqua Muhammed, during the listing of Transcorp of Nigeria’s Stock Exchange in Lagos…yesterday Nigeria’s largest gas-fired power generating company, Transcorp…

Nigerian Billionaire, Dangote Renames Lagos Oil Refinery Road After Late Access Holdings CEO, Wigwe The Dangote Refinery, which was described as the largest single-train refinery in the world, began operations in January.  Nigerian billionaire businessman and the richest black man on earth, Aliko Dangote on Monday renamed the road leading to the Dangote Oil Refinery, situated in Lagos State after late former Chief Executive Officer of Access Holdings, Dr Herbert Wigwe.  Aliko made this known during his speech at the funeral rites held by Herbert Wigwe’s families to give their son and his family a befitting ending. “The biggest road…

With expansion, 36 teams will partake in new UEFA Champions League The UEFA Champions League is set to undergo a transformative change for the 2024/25 season, with an expanded format featuring 36 teams, as announced by UEFA. In this new arrangement, the traditional group stage format with 32 teams split into eight groups of four will be replaced by a single league phase. Teams will now engage in eight matches, facing off against eight different opponents, with half of the matches played at home and the other half away. Determining the opponents will involve ranking teams into four seeding pots,…

Find out the seven agreements signed between Nigeria and Qatar Following the Nigeria-Qatar Business and Investment Forum in Doha on Sunday, President Bola Tinubu reached seven economic-driven agreements with his Qatari counterparts geared towards strong bilateral trade. Tinubu assures Qatari investors of the vast opportunity in Nigeria, adding that his administration will remove bottlenecks hindering the smooth running of business enterprises. Nigeria’s president stated that Africa’s largest economy and its systems are being reformed, wooing investors that the country is open and ready for business. He asked Qatar’s captains of industry to report any government official who demands a bribe…

‘Break of Dawn’ Kanayo O Kanayo, Stan Nze, Jide Kene team up for blood money Principal photography for the movie will start this February in Lagos. Nigerian filmmaker Umanu Elijah, known for the movie Devil In Agbada, has announced the star-packed cast of his latest project, Break of Dawn. According to Elijah, who will be taking on the director’s chair on this project, the movie will commence principal photography on Wednesday, February 28, 2024, in Lagos, Nigeria. The cast revealed so far includes Stan Nze, veteran actor Kanayo O Kanayo, Efe Irele, Jidekene Achufusi, Mike Ezuruonye, Debby Felix, Segun Arinze,…

Joshua, the greatest boxing heavyweights ever Former two-time heavyweight champion Anthony Joshua named heavyweight boxing stars from past and present, but Tyson Fury was missing. The 34-year-old is attempting to put himself in the frame for another world title shot when he fights Francis Ngannou in Saudi Arabia on Friday, March 8 and has been nominating his pick of the best boxers in the history of the division. Joshua is a former two-time world champion himself and wants to become a three-time record belt holder by facing the eventual winner of Tyson Fury’s clash against Oleksandr Usyk. Ahead of his…

Sterling Bank, EAS to boost FX earnings for Nigerian SMEs Export and Sell Nigeria Limited brings a wealth of experience in international trade and e-commerce, making it a valuable partner for Sterling Bank Sterling Bank Ltd., Nigeria’s leading commercial bank, has announced a strategic partnership with Export And Sell Nigeria Limited (EAS), a leading international trade consultancy, to organise the ‘Export to Wealth’ conference. This ground-breaking initiative, to be held between March 6 and 7, aims to empower at least 2,000 export-ready businesses by providing practical tools and resources for successful sales on international retailing platforms. The collaboration between Sterling…