University students across Nigeria have welcomed the Aliko Dangote Foundation’s Student Share Grant Initiative, describing it as a unique opportunity to participate in wealth creation and gain practical investment experience through the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). As part of efforts to
The Nigerian Guild of Editors (NGE) has called for far-reaching constitutional and electoral reforms to strengthen Nigeria’s democracy, including the introduction of a 50 per cent threshold for presidential elections and the resolution of electoral disputes before the swearing-in of declared winners. The Guild also called for reforms to the
Many Nigerians have commended Aliko Dangote, the owner of the Dangote Refinery for giving Nigerians the opportunity to be part owners of his refinery through subscription to the Initial Public Offering. The News Agency of Nigeria (NAN) reports that there are strong investor demand for the offer of the Dangote
Gov. Dauda Lawal of Zamfara has challenged political office holders who feel they have not benefited from his government to resign. Lawal stated this at a stakeholders’ meeting of the All Progressives Congress (APC) at the Government House, Gusau, on Sunday. The governor spoke following complaints from various stakeholders, including
The National Drug Law Enforcement Agency (NDLEA) has destroyed a total of 20,234 kilograms of skunk on 8.0936 hectares of cannabis farm in Osun State. The Director, Media and Advocacy, NDLEA, Mr Femi Babafemi said this in a statement on Sunday in Abuja. Babafemi said that the forest which was
Many motorists in the Federal Capital Territory (FCT) have called on fuel marketers to further reduce the price of Premium Motor Spirit (PMS), popularly known as petrol. The motorists we’re reacting to the decline in oil prices globally. Dangote Refinery recently reduced its gantry petrol price by N25 per litre,
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct the Midstream and Downstream Gas Infrastructure Fund (MDGIF), Abuja and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to urgently account for over ₦94.4 billion in public funds reportedly diverted, unremitted, unaccounted for or irregularly spent.” The
Former Minister of Information and Culture, Alhaji Lai Mohammed, has urged African governments to transform MICE into a major deal-making engine. Mohammed made the call at the ninth Africa Meetings, Incentives, Conferences and Exhibitions (MICE) Summit in Mombasa, Kenya, where he advocated using business events to drive investment, trade and
Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted a Milan-bound businessman, Philip Tunde, with 4.80 kilograms of cocaine concealed in the soles of shoes and the railings of travel bags at the Murtala Muhammed International Airport (MMIA), Ikeja Lagos. The 38-year-old suspect was arrested on Sunday 27th
North-East governors have called for sustained investment in infrastructure, human capital and economic development to consolidate peace, restore livelihoods and improve residents’ quality of life across the region. The governors made the call at the 13th meeting of the North-East Governors’ Forum (NEGF), held in Maiduguri on Saturday. Declaring the