Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA President/CE: L-R: CEO, Norges Bank Investment Management (NBIM), Nicolai Tangen and President/CE, Dangote Industries Limited, Aliko Dangote during a meeting at a fireside chat session in Norway Dangote Cement Plc has recorded a strong performance in the first quarter of 2026, growing its cement and clinker exports from Nigeria by 71.6 per cent, as the Group’s total installed production capacity reached 55 million tonnes per annum (MTA) across Africa. During the period under…
APC Oyo Congratulates Tegbe on Ministerial Nomination, Expresses Confidence in Power Sector Reforms Ibadan, May 4, 2026 — The Oyo State Chapter of the All Progressives Congress (APC) has congratulated Chief Joseph Olasunkanmi Tegbe on his nomination as Nigeria’s Minister of Power, describing the development as well-deserved and timely, given the country’s pressing need for sustained reforms in the energy sector. In a statement jointly signed by the State Chairman, Chief Moses Adeyemo Alake, and the State Secretary, Hon. (Barr.) Fatai Adesina, …
Power, people, and finance emerge as critical levers for SME scale at Nigeria Business Summit 2026 Small and medium‑sized enterprises (SMEs) will only scale sustainably if Nigeria confronts structural constraints around power, skills, and access to finance according to panelists at the Nigeria Business Summit 2026, during a session titled ‘The SME Economy: Advancing Trends and Opportunities’. The session brought together perspectives from business operators, policymakers, and SME development institutions to examine why many enterprises re…
2027 AND BEYOND, IS OWO PLAYING POLITICS OF SELF-DIMINISHING? The recent story about a supposed battle between Owo and Ose for the federal constituency seat, though faintly covered and poorly presented, appears to be a contrived and hypocritical narrative, likely sponsored by certain vested interests. Despite being framed as a collective agitation from the people of Ose, the story is nothing more than a thinly veiled political campaign that should have been ignored for its shallowness. However, allowing such falsehoods to go unchallenged risks…
Coinage Fund Management Ltd Secures SEC Approval, Positions to Redefine Wealth Creation and Portfolio Management in Nigeria Lagos, Nigeria — Coinage Fund Management Ltd (“Coinage Fund”), an Africa-focused investment management firm, has officially received approval from the Securities and Exchange Commission (SEC) Nigeria to operate as a Fund/Portfolio Manager. This milestone marks a significant step in the company’s mission to democratize access to professional wealth management and reshape the future of investment advisory across Nigeria an…
Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless. In a statement issued by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company said neither Dangote nor the Group made the claims attributed to them, stressing that the publication misrepresents both personal and corporate positions. The Group also re…
WEMA BANK CELEBRATES 81ST ANNIVERSARY AND 9TH ANNIVERSARY OF ALAT …Set to Reward Hundreds of Customers, Launch 5 for 5 Season 5 Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has simultaneously marked its 81st anniversary and the 9th anniversary of ALAT on Saturday, May 2nd, 2026. Adopting a different approach from its grand 80th anniversary celebration in 2025, Wema Bank is set to celebrate its 81st anniversary this year by giving back to its customers. The Bank’…
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