Dangote Refinery The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has commended the Nigerian National Petroleum Company Limited (NNPCL) Retail Ltd for reducing the price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦920 to ₦875 per litre. The move is
The Industrial Training Fund (ITF) has launched the second phase of its Skill-Up Artisans Programme (SUPA) to train an additional 100,000 artisans across Nigeria. This initiative aims to bridge the skilled manpower gap in Nigerian industries by equipping artisans with the necessary skills, certifications, and opportunities for employment both locally and internationally.
The Nigerian government has announced plans to fully transition its visa application process online by March 2025. This move is part of ongoing efforts to streamline immigration procedures, enhance efficiency, and improve the experience for travelers entering the country. A Modernized Visa Application Process The online visa application system will allow prospective
Electric Buses Oando Plc, in partnership with the Lagos State Government, is set to deploy 5,000 electric commercial buses in Lagos. This initiative aims to reduce carbon emissions and promote cleaner energy solutions in public transportation. Commitment to Cleaner Energy Solutions The Group Chief Executive Officer of Oando Plc, Wale Tinubu, disclosed this development
Apongbon, picture credit : Lagos State Ministry of Environment an Water Resources The Lagos State Government has announced plans to remove illegal structures and extensions obstructing drainage channels and public infrastructure in Oke-Arin, Apongbon Market, and nearby areas on Lagos Island. The exercise is set to begin on Tuesday, following an inspection by the
Baobab Microfinance Bank has reaffirmed its dedication to supporting small and medium-sized enterprises (SMEs) and micro-entrepreneurs in Nigeria. The bank announced that it has disbursed loans worth over ₦323 billion to more than 407,000 customers, reflecting its commitment to fostering economic growth and financial inclusion. Driving Economic Growth and
The Value Added Tax (VAT) contributions across Nigerian states in 2024 reveal significant disparities. With Lagos contributing over half of the nation’s VAT revenue, the data underscores the varying economic capacities of states. These figures have sparked discussions on whether Nigeria’s revenue-sharing formula requires adjustment to ensure fair distribution and
The Chief Executive Officer of Wakanow Group, Adebayo Adedeji, has outlined a bold vision to drive economic growth across Africa by increasing intra-African travel. Speaking during an interview with CNN’s Marketplace Africa, Adedeji highlighted the company’s plans to leverage fintech innovations, foster airline partnerships, and support local travel operators to make
EKEDC’s Commitment to Customer Safety The Eko Electricity Distribution Company (EKEDC) has raised alarm over the growing wave of cyber threats targeting its customers. In a public advisory signed by the General Manager of Corporate Communications, Babatunde Lasaki, the company emphasized the urgent need for heightened cybersecurity awareness amidst the increasing reliance
Zenith Bank, one of Nigeria’s leading financial institutions, has promoted 4,165 employees as part of a major restructuring aimed at rewarding outstanding performance and optimizing its workforce. The promotions, which took place between last Friday and Monday, acknowledge exceptional contributions while addressing organisational needs. According to sources familiar with











