1. Dangote refinery petrol hits market July, FG to save N7tn
The Federal Government may save about N35tn in fiscal expenditure within the next five years with the commencement of operations at the Dangote Refinery and Petrochemicals… Read more
Source: https://punchng.com/dangote-refinery-petrol-hits-market-july-fg-to-save-n7tn/?amp
2. Dangote refinery will transform Nigeria – Ex-presidential aspirant
A former All Progressive Congress presidential aspirant, Chief Stanley Osifo, has congratulated Aliko Dangote on the pioneering, pace-setting development he brought to Nigeria, Africa, and the world… Read more
3. Economy: Security experts task incoming govt on industrialisation
Experts in the security industry have tasked the incoming government of President-elect, Bola Tinubu to be focused on industrializing the country as well as deliberate about security architecture… Read more
4. $21bn revenue, 100,000 jobs coming from our refinery — Aliko Dangote
Amid encomiums from eminent personalities, including President Muhammadu Buhari and presidents of five other African countries, founder and President of Dangote Group, Alhaji Aliko Dangote, yesterday expressed optimism that the newly commissioned 650,000pbd refinery would employ over 100,000 Nigerian youths and generate over $21 billion in revenue… Read more
Source: https://www.vanguardngr.com/2023/05/21bn-revenue-100000-jobs-coming-from-our-refinery-aliko-dangote/
5. Naira Redesign: Massive cash hoarding resumes
There are indications that Nigerians have resumed cash hoarding following the relaxing of the currency redesign and cashless measures of the Central Bank of Nigeria (CBN)… Read more
Source: https://www.vanguardngr.com/2023/05/naira-redesign-massive-cash-hoarding-resumes/
6. Operators fault removal of NAMA managing director
The Federal Government has removed the Acting Managing Director of the Nigerian Airspace Management Agency, Mr. Mathew Pwajok, as part of a last-minute shake-up in the aviation sector… Read more
Source: https://punchng.com/operators-fault-removal-of-nama-managing-director/?amp
7. Europe’s energy market still challenged, says IEA
The Head of the International Energy Agency says Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an energy crisis caused by the war in Ukraine, but it is “not out of the woods” yet… Read more
Source: https://punchng.com/europes-energy-market-still-challenged-says-iea/?amp
8. Abubakar: Over 89,000 Improved Seed Varieties Available for Planting in 2023 Cropping Season
The Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar has announced that the Revised National Agricultural Seed Policy (RNASP) 2022 has enabled the availability of 89,512.10 metric tonnes of assorted improved seed varieties for planting by farmers in the 2023 cropping season… Read more
9. Parallex Bank Named Most Innovative, Regional Bank of the Year
Parallex Bank Limited has been recognized as the Most Innovative Bank of the Year 2022 by Champion Newspapers and Regional Bank of the Year 2022 by National Daily Newspaper. The awards were presented on May 12th, 2022, at Eko Hotel and Suites and Oriental Hotel, Victoria Island, Lagos respectively… Read more
10. Neimeth Shareholders Optimistic as Revenue Increases By 20%
Shareholders of Neimeth International Pharmaceuticals Plc have expressed confidence in the ability of the company to grow their investments despite Nigeria’s challenging business operating environment… Read more
