The Dangote Group is moving forward with plans to sell a 10 per cent stake in its $20 billion, 650,000-barrel-per-day refinery through a landmark Pan-African Initial Public Offering (IPO) in 2026. Aliko Dangote made this known during an event organized by the Atlantic Council in Washington, D.C., on Thursday. He said the share sale would support long-term investments and deepen African capital market participation. According to him, Dangote Petroleum Refinery and Petrochemicals FZE will pay dividends to shareholders in dollars after listing, although specific financial details of the planned offering were not disclosed. Dangote said the company has appointed Stanbic…
Author: Newsdesk
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has expressed optimism that the FCT Administration will achieve 80 per cent implementation of its 2026 budget by January 2027. Wike disclosed this to journalists after inspecting ongoing projects in Abuja on Thursday, assuring that the target is feasible despite the tight timetable for the 2027 general elections scheduled for January. He assured residents that ongoing projects would not be slowed by political activities, adding that planned projects would be completed before January. “It is very feasible. The election will come, but people will work and people will eat. Our focus…
Zoho Nigeria has called for increased digital adoption among women entrepreneurs to boost business growth and competitiveness in Nigeria’s evolving economy. The call was made at the Guardian Woman Festival organized by The Guardian Newspapers in Lagos, where stakeholders highlighted the role of technology in advancing women-led enterprises. The month-long festival, held in Lagos, had the theme “Reciprocity,” focusing on collaboration, value exchange, and digital innovation to strengthen women’s participation in business and leadership. Zoho Nigeria Country Head, Mr. Kehinde Ogundare, said bridging the digital gap among female entrepreneurs remains critical to unlocking their full potential. Ogundare noted that although…
The Federal Road Safety Corps (FRSC) has warned motorists and members of the public against assaulting its personnel. The FRSC Corps Marshal, Shehu Mohammed, gave the warning in a statement issued by the Corps Public Education Officer (CPEO), Mr. Osondu Ohaeri, on Thursday in Abuja. He said the warning followed the arrest of a suspect involved in an attack on operatives in Edo. Mohammed reaffirmed the corps’ zero-tolerance stance on attacks against FRSC personnel, stressing that anyone found culpable would face the full weight of the law. He recalled that the incident occurred in the early hours of Saturday, April…
Quantus Medical Foundation, through its flagship “WeCare Nigeria Initiative,” has commenced the training and deployment of Patient Liaison Officers (PLOs) to selected pilot hospitals in Abia to drive healthcare transformation. The officers were deployed to Abia Specialist Hospital, Umuahia; General Hospital, Aba; and Abia State University Teaching Hospital (ABSUTH), Aba, following a training session held on Thursday in Umuahia. It was reported that the programme is being implemented in collaboration with the Abia State Ministry of Health under the Abia Healthcare Rebirth Initiative (AHCRI). Dr. Nnenna Ihekoromadu, Founder and Chief Executive Officer of the foundation and Lead of WeCare Nigeria,…
The Police Command in Ogun has called for stronger collaboration with the National Drug Law Enforcement Agency (NDLEA) to combat drug abuse and trafficking in the state. The Police Public Relations Officer (PPRO) in Ogun, DSP Oluseyi Babaseyi, made this known in a statement issued to newsmen on Thursday in Abeokuta. Babaseyi quoted the state Commissioner of Police, CP Bode Ojajuni, as making the appeal during a familiarization visit to the NDLEA Command in Abeokuta. “The CP and the Ogun NDLEA Commander, Tijani Rabe, explored avenues for sustained synergy and collaboration in combating drug abuse and trafficking. READ ALSO: NDA…
The Olubadan of Ibadanland, Oba Rashidi Ladoja, has appealed to governments at all levels to ensure that members of the public feel the positive impact of the taxes they pay. A statement by Chief Olugbemiga Ayoade, the Chief Press Secretary to the Olubadan, said Ladoja made the appeal when members of the management of the Institute of Taxation of Nigeria paid a courtesy visit to the palace on Thursday. The royal father emphasized that the public must enjoy basic necessities of life such as security, potable water supply, good roads, regular power supply, and job opportunities. He also said citizens…
The Federal Government has handed over 132 housing units to the Kwara Government at the National Housing Programme Estate, Ogbondoroko, in Ilorin. Gov. AbdulRahman AbdulRaza of Kwara, who on Thursday received the documents and keys to the estate in Asa Local Government Area, said the acquisition would reduce the housing deficit in the state and provide sustainable housing for residents. Represented by the Commissioner for Housing and Urban Development, Dr. Segun Ogunsola, the governor said the estate had been fully purchased and acquired by the Kwara Government from the Federal Ministry of Housing and Urban Development. “This is another effort…
Stakeholders have reaffirmed their commitment to advancing the Comprehensive Africa Agriculture Development Programme (CAADP) through increased investment, scalable agribusinesses, and inclusive food systems in Nigeria. The commitment was made at a Partners’ Roundtable Dialogue on the CAADP 2026–2035 agenda on Thursday in Abuja. The dialogue, themed “From Policy to Enterprise: Translating CAADP into Scalable Agribusiness Opportunities in Nigeria,” focused on bridging the gap between policy frameworks and enterprise-level execution. Ms. Kachi Nwachukwu, Programme Manager at African Food Changemakers (AFC), said Nigeria had signed several agricultural policies, including CAADP, but faced challenges in translating them into action. She identified key constraints…
The Faculty of Basic Clinical Sciences, College of Medicine, University of Lagos, has reiterated its commitment to bridging the gap between scientific discovery and clinical application. Consequently, it is positioning a forthcoming medical conference themed “Precision in Practice: Integrating Diagnostic Therapeutics and Clinical Insight for Patient-Centred Care” as a pivotal step in closing the gap between laboratory breakthroughs and patient care. Speaking at a news briefing ahead of the conference in Lagos, the Provost of the College, Prof. Ademola Oremosu, said: “This theme reflects our commitment to bridging the gap between scientific discovery and clinical application.” He added that effective…