Coca-cola’s murals celebrate Nigeria’s tenacity, unity
Onome AmugeJanuary 4, 2021
By Onome Amuge As Nigerians celebrate the onset of the New Year, the country’s leading beverage company, Coca-Cola Nigeria Limited, is set to unveil stunning wall murals across some parts of the country in commemoration of the unity and doggedness of the people irrespective of their personal and cultural differences. The murals, according […]
BUA Cement’s $1.05bn new Nigeria plants to raise capacity to 20mmt by 2022
Charles AbuedeDecember 24, 2020
By Charles Abuede China’s Sinoma CBMI wins deal to build plants in Edo, Sokoto, Adamawa New plants to be completed by close of 2022 BUA Cement Plc, a member company of BUA Group founded by billionaire industrialist, Abdul Samad Rabiu, is continuing its expansionist programme to increase its Nigeria and Africa cement production […]
Seplat Petroleum signs crude purchase agreement with Waltersmith refinery
Ben EguzozieDecember 24, 2020
CPA involves 2000–4000-bpd crude for Waltersmith’s 5,000-bpd refinery First private commercial in-country crude refining Agreement 30 days after Buhari inaugurated Waltersmith Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian and the London Stock Exchanges, has signed a crude purchase agreement (CPA) with Waltersmith Petroman Oil […]
BUA strengthens fight against Covid-19, gifts Bauchi three ambulances, 50,000 face masks
Onome AmugeDecember 8, 2020
By Onome Amuge BUA Group, one of Africa’s foremost foods and infrastructure conglomerates, has donated three ambulances and 50,000 facemasks to the Bauchi State government as part of its social responsibility efforts towards curtailing the spread of the Covid-19 virus in the country. Aliyu Idi Hong, director, government relations, BUA, while presenting the ambulances […]
UltimusHoldings signpost ambitionwith plan to invest $2bn across Africa over 10 years
Businessam StaffNovember 30, 2020
Ultimus Holdings, a pan-African investment company, has signposted its ambitious investment credentials by unfolding its plans to invest as much as $2 billion over the next 10 years across the African continent and across a number of business interests cutting across real estate & construction, services, healthcare, consumer & industrial goods, financial services & ICT. […]
CACOVID targets 4m youths in new jobs programme costing N150bn
Businessam StaffNovember 26, 2020
To renovate 44 burnt police stations; spend N100bn on police equipment The private sector led Coalition Alliance Against COVID 19 (CACOVID), has unveiled plans to empower four million youths with through an employment programme that is estimated would cost N150 billion, and it notes that once the nation’s high rate of unemployment is […]
Dangote takes ‘Staying Safe Together’ initiative to schools, women, others
Businessam StaffNovember 21, 2020
The year 2020 has been a tough year globally with the advent of the coronavirus pandemic and as part of activities marking the 2020 Global Sustainability Week, employees of the Pan-African conglomerate, the Dangote Group flagged off an employee volunteering initiative tagged “Staying Safe Together, TheDangote Way”. The initiative is focused on enlightening the public about preventive and […]
SEPLAT visits NNPC Headquarters in Abuja
Aderemi OjekunleOctober 5, 2020
NNPC legal team wins Africa Arbitration award after saving $4bn in national liabilities
Onome AmugeSeptember 16, 2020
Onome Amuge The litigation team of the Nigerian National Petroleum Corporation (NNPC) have emerged winners of the Leading Case Counsel Team of the 2020 Africa Arbitration Awards. The international event in which participants joined virtually is the 8th edition of the East African International Arbitration Conference (EAIC), which was held in Nairobi, the capital of […]
New 5-year growth strategy, new Core Values for Odu’a Investment
Businessam StaffSeptember 15, 2020
Building blocks for achieving 5-year plan are based on the strategic pillars of growth and expansion; Investment Excellence; Profitability and Efficiency; Governance and Reporting as well as People, Culture and Transformation. To focus on priority sectors, namely Real Estates, Energy including Oil and Gas, Hospitality, Agriculture, Logistics and Storage, Healthcare, ICT/Digital and Financial Services. Innovation mindset […]