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Dangote Foundation Donates materials to IDPs in Yobe, Adamawa, Borno

The Dangote Foundation last weekend commenced distribution of relief materials to internally displaced persons (IDPs) in Yobe, Adamawa and Borno states, in the spirit of the holy month of Ramadan. The initiative according to the Managing Director of Dangote Foundation, Zouera Youssoofou, aligns with the Dangote Foundation key objective of positively impacting the communities we […]

Okonjo-Iweala Withdrew $1bn To Fund Jonathan’s Re-election –Oshiomhole

Governor Adams Oshiomhole of Edo State has accused the former Minister of Finance, Dr. Ngozi Okonjo-Iweala of illegally taking $1 billion from the federation account to prosecute the re-election bid of former President Goodluck Jonathan. Speaking at a seminar organized by the Edo State government for Permanent Secretaries, Directors and Deputy Directors, the governor said […]

Tony Elumelu Foundation Hosts Historic Bootcamp For Emerging African Entrepreneurs

*1000 Representatives Drawn From 51 African Countries As part of Tony Elumelu’s $100 million commitment to empowering African entrepreneurs, 1,000 Tony Elumelu Entrepreneurs, representing 51 African countries from the Tony Elumelu Entrepreneurship Programme (TEEP) Class of 2015, converged near Lagos, Nigeria for an intensive two-day bootcamp session, an unprecedented gathering of emerging African entrepreneurs, from […]

FirstBank Partners Asian Banker To Host Dialogue on Retail Banking in West Africa

In fulfillment of its commitment to the realization of a sustainable and competitive retail banking environment in West Africa, First Bank of Nigeria Limited, Nigeria’s most valuable Banking Brand has partnered with the Asian Banker Magazine to host the West Africa International Retail Banking Dialogue 2015. The event which has the theme of “Building a […]

Elumelu Calls For An End To Energy Poverty

Abidjan, Cote d’Ivoire, 30 June 2015 – “Providing access to electricity for schools, hospitals, businesses and industries is the single most impactful intervention that can be made to transform the continent.  It has tremendous implications for job creation, health, food security, education, technological advancement and overall economic development.”  Mr. Tony Elumelu said today in Abidjan. African businessman and […]

In-Country Sourcing of Finance Gaining Traction in Oil and Gas – FBN Capital

Lagos Nigeria, 29th June 2015 – olake Akinkugbe, the Vice President and Head, Energy and Natural Resources at FBN Capital Limited, has stated that local sources of finance have gained in popularity over the past decade as African banks have been better capitalised to take advantage of new opportunities in the oil and gas sector. […]

Tony Elumelu Foundation Welcomes Pan-African Entrepreneurs To Entrepreneurship Boot Camp

LAGOS, NIGERIA, June 23, 2015: “We hope The Tony Elumelu Entrepreneurship Programme can catalyse and encourage other African business leaders to empower emerging entrepreneurs. If we all come together with requisite resources we can make a significant difference,” said Mr. Tony O. Elumelu at the press conference in Lagos to announce the Tony Elumelu Entrepreneurship […]

Transcorp Hilton Abuja Honoured at World Travel Awards 2015

…Named Winner in Five Categories including Africa’s Leading Business Hotel Transcorp Hilton Abuja has been honoured with an unprecedented five awards by the voters of the 22nd World Travel Awards. The hotel, which is owned by Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc, emerged winner of the prestigious World Travel […]

Dangote Foundation Donates $1m To Nepal

The Dangote Foundation – the global philanthropic arm of Dangote Industries Limited donated $1million to the government of the earthquake hit Federal Democratic Republic of Nepal as humanitarian aid and disaster relief for response and recovery efforts in Nepal. “The Dangote Foundation donation builds upon our community intervention initiative and longstanding commitment to providing development […]

Dangote Tasks African Leaders On Job Creation, Poverty Reduction

….Opens 2.5million MTA Production Capacity In Ethiopia With a prospect of about 7000 job opportunities in Ethiopia, President of Dangote Group, Aliko Dangote at the weekend opened his 2.5million mtpa cement plant with a charge on African leaders to make environment conducive for the growth of real sector as a sure way of creating jobs […]

FG Commits to More Effective Role in OPEC

*As Dawha Advocates Need to Protect the Environment for Sustainable Development       The Federal Government under the administration of President Muhammadu Buhari has pledged its commitment to playing more proactive and effective roles in the affairs of the Organization of the Petroleum Exporting Countries, OPEC. Speaking in Vienna, Austria at the ongoing OPEC International Seminar, […]

N8bn Scam: Embattled 6 CBN Staff Remanded In Ibadan Prison

By Niyi Adeyi – For being implicated in N8billion defaced and mutilated currency recycling scam, six staffers of the Central Bank of Nigeria, (CBN), were Tuesday remanded in Agodi prison custody in Ibadan, the Oyo State capital. Justice Ayo Emmanuel of a Federal High Court sitting in Ibadan, made the order in a suit filed […]

Dangote Foundation Initiates N4.2bn Philanthropic Projects In Kano

The philanthropic works being undertaken by the Dangote Foundation to support Kano state government has hit the mark of N4.2 billion, the Chief Executive Officer of the Foundation, Zouera Youssoufou has disclosed. Of this amount, a whopping sum of N1.2 billion is spent annually on a feeding project, a special purpose vehicle designed by the […]

Onasanya Retires As Firstbank Group Managing Director

*Highly Reputed As Architect Of The Modern Firstbank Mr. Bisi Onasanya is set to retire at a high point of his career as Group Managing Director/Chief Executive Officer, First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable banking brand, at the successful completion of his tenure. His retirement takes […]

Capacity Building: Firstbank Trains Journalists In London

As part of its intervention programme and in sync with its engagement strategy for brand building and media empowerment, First Bank of Nigeria Limited has sponsored 10 journalists for a weeklong training in London, United Kingdom. The training programme which started three years ago with 15 journalists selected across media houses and writing beats to […]

Dangote’s $480m Ethiopian Cement Plant For Commissioning June 5 By Ethiopian PM

In furtherance of its expansion plan in African countries, Leading Cement manufacturers, Dangote Cement Plc will next week Thursday commission its 2.5million mtpa cement plant in Ethiopia as the company inches towards the mark of 40million mtpa total production capacity globally before the end of 2015 Located in Mugher District, the Prime Minister of the Federal Democratic […]

Dangote Cement Posts N74.7bn Profit In First Quarter

Nigeria’s largest cement producer, Dangote Cement has announced a gross profit of N74.7 billion for the three months ended 31st March 2015, indicating an increase of 10.5 percent over N67.63 billion recorded in the same period in 2014. According to the cement giant’s unaudited results for first quarter of 2015, revenues rose by 10.8 to […]

Elumelu Joins Obama At White House To Champion Entrepreneur-Led Development For Africa

Washington, DC –  African businessman and philanthropist, Tony O. Elumelu has proposed a new entrepreneur-led development model for Africa at two high profile events in Washington DC. Mr. Elumelu, who is Chairman of United Bank for Africa, and Founder, the Tony Elumelu Foundation, spoke at a White House event hosted by United States President Barack Obama on May 11 to celebrate emerging entrepreneurs around the globe. The  event was […]

Firstbank Restates Commitment To Entertainment Industry

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand has thrown its weight behind the development of talent across the entire value chain in the entertainment industry at the 3rd edition of the Nigerian Entertainment Conference. This sponsorship is in line with the Banks initiatives to drive perception change, grow brand affinity among the […]

FirstBank Sustainability Centre Supports Women Entrepreneurs

…Sponsors 2nd Workshop for Women-led SMEs in Lagos FirstBank Sustainability Centre has reinforced its commitment to promoting empowerment, entrepreneurship and financial inclusion amongst women through its sponsorship of a workshop for Women owners of SMEs in Nigeria. The event, which is the second in the series of workshop for women led SMEs is part of […]

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