Dangote Sugar targets 1.5mt annually from locally grown sugarcane …Posts N441.5billion revenue in 2023 full year
Dangote Sugar targets 1.5mt annually from locally grown sugarcane …Posts N441.5billion revenue in 2023 full year The Backward Integration Policy of the Federal Government on Sugar will soon have a significant impact on Sugar production in Nigeria, as the Management of Dangote Sugar Plc is targeting an annual production of 1.5 million metric tons of sugar from locally grown sugarcane. Chief Executive Officer of Dangote Sugar, Ravindra Singhvi, made this disclosure when presenting details of the company’s 2023 full-year result to the Nige…
Forex crisis: FG threatens sanctions as foreign airlines stick to high fares
Forex crisis: FG threatens sanctions as foreign airlines stick to high fares The Federal Government has threatened to sanction foreign airlines that fail to comply with the directive to release low inventory tickets within weeks. The Nigerian Civil Aviation Authority had met with airline operators, the NCAA, foreign airlines, and the National Association of Nigeria Travel Agencies in Abuja last week where the directive was handed down. During the meeting, the foreign airlines pledged to enhance transparency in air ticketing processes by rel…
Mr Ibu died of cardiac arrest – Manager
Mr Ibu died of cardiac arrest – Manager Mr Ibu to continue treatment abroad after five surgeries - Family Mr Ibu’s manager, Don Single Nwuzo, has confirmed that the comic actor died Saturday evening after suffering cardiac arrest. It was gathered that the ace actor was admitted a few days ago to the Intensive Care Unit (ICU) at Evercare Hospital in Lekki. Mr Ibu, 62, had a relapse about a week ago and was rushed to the Lagos-based hospital. Recall that last year, the actor underwent surgery to amputate one of his legs after soliciting help…
APC leader cautions Tinubu against removing electricity subsidy
APC leader cautions Tinubu against removing electricity subsidy A chieftain of the All Progressives Congress (APC), Amb. Ibrahim Olesin, has cautioned President Bola Tinubu against removing subsidy on electricity as suggested by the International Monetary Fund (IMF) among others, warning that the action would further compound the hardship currently experienced in the country and lead to chaos. He recalled that Nigerians recently took to the streets in some parts of the country to protest economic hardship, adding that “hunger is not a good m…
NIN-SIM linkage: Telecom subscribers make fresh demands as deadline elapses
NIN-SIM linkage: Telecom subscribers make fresh demands as deadline elapses Telecommunications subscribers in Nigeria have asked mobile network operators and the Nigerian Communications Commission to extend the National Identity Number and Subscriber Identity/Identification Module linkage deadline by 30 days. National Association of Telecommunications Subscribers, NATCOMS, National President, Adeolu Ogunbanjo, disclosed this in a telephone interview on Wednesday. He noted that telecom subscribers need additional time to complete their NIN-…
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Why 4,173 Bureau De Change operators’ licences were revoked – CBN
Why 4,173 Bureau De Change operators’ licences were revoked – CBN The Central Bank of Nigeria on Friday revoked the licences of 4,173 Bureau De Change operators over their failure to meet regulatory guidelines. The apex bank disclosed this in a statement by its acting Director, Corporate Communications, Sidi Hakama. This means there will now be 1,517 operational BDCs from the initial 5,690. However, the President, Association of Bureau De Change of Nigeria, Aminu Gwadabe, when contacted for comments on the development, told one of our corres…
Worth The Hype Fest with N.A.T.E (Nigeria Most Sought After Hypeman)
Worth The Hype Fest with N.A.T.E (Nigeria Most Sought After Hypeman) Nathan Goodluck popularly known as N.A.T.E is a powerhouse in the world of entertainment and corporate hosting. With a resume that reads like a who’s who of the industry, N.A.T.E has become synonymous with electrifying energy, seamless stage presence, and unparalleled professionalism. As a seasoned hypeman and compere, N.A.T.E has graced some of the most prestigious events, leaving a trail of awe and excitement in his wake. From co-hosting Tony Elumelu’s exclusive all-whi…
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