Tag: Business
Aliko Dangote Offers to Sell Multibillion-Dollar Oil Refinery to NNPC Amid Dispute
Aliko Dangote Offers to Sell Multibillion-Dollar Oil Refinery to NNPC Amid Dispute.
Africa’s wealthiest man, Aliko Dangote, has expressed his willingness to transfer ownership of his multibillion-dollar oil refinery to the state-owned energy company NNPC Limited. This announcement comes amidst a new dispute with a key equity partner and ongoing conflicts with regulatory authorities in Nigeria.
The refinery, with a capacity of 650,000 barrels per day, began operations last year after a decade of construction and a total cost of $19 billion, significantly exceeding the initial estimate. It was designed to reduce Africa’s biggest oil producer’s dependence on imported fuel and save up to 30 percent of the foreign exchange spent on imports.
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I’m Making $100/day on Facebook (Here’s How)
I’m Making $100/day on Facebook (Here’s How).
Just over a month ago, one of my niche Facebook pages got accepted to the performance bonus program.
Professional freelancer and webmaster.
Allen Ellison is Transforming the Future of African Finance
In the rapidly evolving world of fintech and banking, Allen Ellison stands out as a visionary leader with a profound impact on Africa’s economic landscape. As the CEO of Remit Global, Ellison has made significant strides in leveraging technology to tokenize precious natural resources and establish autonomous central banks across the African continent. His efforts are geared toward creating a Universal Basic Income (UBI) program for African citizens, thereby assisting with comprehensive economic development.
Born and raised in the United States, Ellison pursued an academic background in Political Science. Over the years, he has diversified his professional repertoire, gaining recognition as a political figure, cosmetologist, actor, writer, and ambassador. However, his most transformative work lies in the realm of fintech, where he combines his extensive knowledge and innovative mindset to drive economic inclusivity.
Professional freelancer and webmaster.
Dangote Refinery Delays Petrol Production to Mid-July
Dangote Refinery Delays Petrol Production to Mid-July.
Africa’s largest oil refinery, Dangote Refinery, has postponed the production of premium motor spirit (PMS), commonly known as petrol, from June to mid-July.
Professional freelancer and webmaster.
Flight Operations to Cease Nationwide as Aviation Workers Join Nationwide Strike
Flight Operations to Cease Nationwide as Aviation Workers Join Nationwide Strike.
In solidarity with the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), aviation unions have instructed workers in the sector to withdraw their services at all airports nationwide starting tomorrow, June 3rd, 2024.
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Nigeria Youth Investment Fund (NYIF) Receives N110bn from Federal Government
Nigeria Youth Investment Fund (NYIF).
The Federal Government of Nigeria has dedicated N110 billion to the Nigeria Youth Investment Fund (NYIF), marking a significant effort to support youth entrepreneurship and innovation.
Professional freelancer and webmaster.
Federal Government Approves Salary Increase for Civil Servants
Federal Government Approves Salary Increase for Civil Servants.
The Federal Government of Nigeria has approved workers’ salary increase across various sectors in the country. This decision, which comes into effect on January 1, 2024, involves a range of salary structures to bolster public service employees’ financial well-being.
Professional freelancer and webmaster.
Apply for Nestle Internships and Apprenticeships 2024!
Apply for Nestle Internships and Apprenticeships 2024!
Are you ready for an enriching early-career experience? Nestle Internships and Apprenticeships offer hands-on training, mentorship, and practical learning in fields related to your studies.
Professional freelancer and webmaster.
REMITA Was Selected Based on Merit – CBN
REMITA Was Selected Based on Merit – CBN.
The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, highlighted the merit-based selection of Remita to provide an electronic platform essential for facilitating payments from Ministries, Departments, and Agencies (MDAs) to beneficiary accounts across commercial banks.
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Binance Tax Evasion Case Intensifies as Executive Nadeem Anjarwalla Escapes Detention
Binance Tax Evasion Case Intensifies as Executive Nadeem Anjarwalla Escapes Detention.
Nadeem Anjarwalla, one of the Binance executives detained in Nigeria on charges of tax evasion and other offenses, has reportedly escaped lawful custody, according to sources familiar with the situation according to PREMIUM TIMES.
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Niger Republic Reopens Border with Nigeria After Recent Closures
Niger Republic Reopens Border with Nigeria After Recent Closures.
The Niger Republic has taken a great step by reopening its borders with Nigeria in specific regions such as Diffa, Tahoua, Maradi, and Dosso. This move comes after a period of closure following the coup d’état on July 26 and subsequent ECOWAS sanctions.
Professional freelancer and webmaster.
Meet the Alleged Black Son of Elon Musk from Kenya Who Looks Exactly Like Him
Son of Elon Musk from Kenya.
A man from Kenya has stirred up social media by claiming to be the son of billionaire entrepreneur Elon Musk, founder of SpaceX and Tesla.
Professional freelancer and webmaster.
The Recent CBN Monetary Policy Will Further Worsen the Economy – Peter Obi
The Recent CBN Monetary Policy Will Further Worsen the Economy – Peter Obi.
I am of the strong opinion that the recent decision of the Monetary Policy Committee to increase the Monetary Policy Rate, MPR, to 22.5% and the Cash Reserve Ratio, CRR, to 45% will further worsen the economic situation of most Nigerian households as it is bound to cause more job losses in the productive sector, especially manufacturing and other sectors that rely on bank loans and credit facilities for their funding needs.
Professional freelancer and webmaster.
Job Vacancy: Manager, Secretary, Accountant Needed For Employment at I Mean Business, Abuja
Job Vacancy: Manager, Secretary, Accountant Needed For Employment at I Mean Business.
Company: I Mean Business
Location: Abuja
Professional freelancer and webmaster.
Forex Crisis: Nigeria Now Pays N907.5b Monthly on Petrol Subsidy
Forex Crisis: Nigeria Now Pays N907.5b Monthly on Petrol Subsidy.
The forex crisis in Nigeria has reached alarming levels, with the country now paying a staggering N907.5 billion in petrol subsidy every month. This comes as the depreciation of the naira has pushed the actual cost of a litre of fuel to N1,202.7. Despite government denials, it is clear that the subsidy burden is taking a toll on the economy.
Professional freelancer and webmaster.
Wigwe’s Death: US Identifies Possible Cause of Helicopter Crash
Wigwe’s Death: US Identifies Possible Cause of Helicopter Crash.
US authorities have identified possible reasons behind the helicopter crash that tragically claimed the lives of Herbert Wigwe, CEO of Access Bank PLC, his wife and son, and Abimbola Ogunbanjo, former Chairman of the Nigerian Exchange Group Plc.
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Access Bank Issues Statement Over the Death of CEO – Herbert Wigwe
Access Bank Issues Statement Over the Death of CEO – Herbert Wigwe.
The future of Access Bank hangs in a delicate balance amidst reports of its CEO, Herbert Wigwe, death in a helicopter crash in the United States.
Professional freelancer and webmaster.
Job Vacancy: Business Developer Needed for Urgent Employment
Job Vacancy: Business Developer Needed for Urgent Employment.
Are you passionate about driving change towards a sustainable future? Do you have a knack for crafting compelling narratives and spreading the word about renewable energy solutions? If so, we want you to join our team.
Professional freelancer and webmaster.
Leading Companies Offering Sponsorship for UK Work Permits in 2024
Leading Companies Offering Sponsorship for UK Work Permits in 2024
Are you considering relocating to the UK for employment? If so, obtaining a work permit is a crucial step. The United Kingdom is a favored destination for skilled professionals and individuals seeking to live and work in a vibrant and diverse community.
Professional freelancer and webmaster.
Urgently Needed: Graphic Designers, Receptionists, Printing Press Operators, Store Assistance Appy Now
Urgently Needed: Graphic Designers, Receptionists, Printing Press Operators, Store Assistance Appy Now
Exciting Job Opportunities Await You!
Professional freelancer and webmaster.
Let’s Make Money on Youtube: Join 10,000 YouTube Ushers Community and Skyrocket Your Channel
Let’s Make Money on Youtube: Join 10,000 YouTube Ushers Community and Skyrocket Your Channel.
Are you a content creator striving to boost your YouTube channel’s visibility, engagement, and revenue? Look no further! Introducing the revolutionary platform, 10,000 YouTube Ushers – where creators come together to uplift each other and thrive in online content.
Professional freelancer and webmaster.
