Nigeria to be Net Exporter of Petroleum Products by December 2024

Nigeria concludes plans to become net exporter of petroleum products by end of 2024

Adaora Umeoji emphasizes Zenith Bank’s strong financial metrics, projecting over N1 trillion profit mark in 2024

Zenith Bank Plc, Nigeria’s foremost financial institution, recently hosted its Capital Markets Day to underscore its commitment to sustainability amidst its recapitalization drive. The event convened key stakeholders and highlighted the bank’s growth trajectory, strategic goals, market performance, and longstanding…

Nigeria’s food importation policy could destroy country’s agriculture, warns Akinwumi Adesina

Nigeria should be producing more food to stabilize food prices, while creating jobs and reducing foreign exchange spending   The President of the African Development Bank Group Dr. Akinwumi Adesina has said the decision by Nigeria’s government to allow massive…

Climate activists pour paint on Tesla Cybertruck in Hamburg

Climate activists have doused one of US carmaker Tesla’s Cybertrucks with orange paint at the Tesla Centre in the Wandsbek district of the northern German port city of Hamburg, police confirmed on Saturday morning. According to the activists from the Last…

Akpabio Lauds NDDC for New Development Strides in Niger Delta

President of the Senate, Godswill Akpabio, on Friday, attended the Niger Delta Stakeholders Summit in Port Harcourt, the Rivers State Capital and called on the stakeholders in the region to support the Niger Delta Development Commission, NDDC, to achieve more…

LASG, US Consulate, Unilag highlight commitment to clean air at Closing Reception

……..As U.S discloses $7 billion spend combating HIV-AIDS / Healthcare in Africa over last 25 years   The Lagos State Government, the United States Consulate, and the University of Lagos reaffirmed their commitment to clean air at a closing reception…

Lagos State House of Assembly Committee on Environment Conducts Oversight Visit to Lagos Water Corporation

In a bid to ensure that water runs in every Lagos home, the Lagos State House of Assembly Committee on Environment paid an oversight visit to the Lagos Water Corporation Headquarters in Ijora on Wednesday, July 10, 2024. The Managing…

Annelie Lundström appointed new CEO, Veracio

Annelie Lundström has been appointed as Veracio’s new CEO, replacing JT Clark, in the midst of a management shake-up. Veracio was recently acquired by American Industrial Partners (“AIP”), a middle-market private equity firm focused on the purchase and improvement of…

Dangote’s WTI Import Strategy: Nigeria’s High Cost of Crude Oil Grades, Profit Margin, and Freight Drove Dangote to Import Crude Oil from US

The high cost of Nigeria’s 35 crude oil grades including Bonga, Agbemi and others has been attributed as the reason why Dangote Refinery resorts to buying crude oil from the United States. Other factors attributable to Dangote Refinery going to…

Clean Air: Stakeholders Unite to Forge Partnerships for Better Health and Environment

In a bid to tackle the devastating effects of air pollution in Africa, stakeholders are seeking improved partnerships to promote clean air, better health, and a sustainable environment. This was disclosed at the pre-event session of the 5 day Clean…

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