Stanbic IBTC Bank Nigeria PMI: New orders rise as inflationary pressures ease
Stanbic IBTC Bank Nigeria PMI: New orders rise as inflationary pressures ease Inflationary pressures softened in the Nigerian private sector during April, following record increases in purchase costs and selling prices in March. Rates of inflation remained elevated, however, and limited growth of output and new orders as well as leading some firms to reduce employment. The headline figure derived from the survey is the Stanbic IBTC Purchasing Managers’ Index™ (PMI®). Readings above 50.0 signal an improvement in business conditions on th…
Stanbic IBTC Asset Management launches Investbeta game show
Stanbic IBTC Asset Management launches Investbeta game show Stanbic IBTC Asset Management has launched the Investbeta game show, a distinctive and innovative initiative to improve financial literacy among young adults. The Investbeta game show will offer engaging quiz-style challenges covering various critical financial segments. From savings and budgeting to investments and retirement planning, the platform aims to teach financial education in a fun and memorable way, as participants compete for a slice of the ten million Naira investment…
Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four years
Backward Integration: Dangote Targets 700,000MT of Refined Sugar in Four years …As Q1 revenue rise by 20.1% to N122.7bn DSC1220: L-R: Company Secretary/Legal Adviser, Dangote Sugar Refinery Plc, Temitope Hassan; Group Managing Director/CEO, Dangote Sugar Refinery Plc, Ravindra Singhvi ; Executive Director, Dangote Sugar Refinery Plc, Mariya Aliko Dangote; and Chairman, Dangote Sugar Refinery Plc, Aliko Dangote, at the Dangote Sugar Refinery Plc 18 th Annual General Meeting, on Tuesday, April 30, 2024 in Lagos. Dangote Sugar Refinery Pl…
Leadership Means Always Believing in Better - CEO, Sterling Bank
Leadership Means Always Believing in Better - CEO, Sterling Bank Abubakar Suleiman, the Chief Executive Officer of Sterling Bank Limited, delivered an enlightening discourse on leadership during the prestigious Lagos Leadership Summit 2024, powered by the Lateef Jakande Leadership Academy, shedding light on the profound essence of effective leadership and its transformative impact on society. At the heart of Suleiman's message was the concept of leadership as a catalyst for change—a force that propels individuals and organizations to…
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Dangote cement export of clinker, cement increased by 87.2%
Dangote cement export of clinker, cement increased by 87.2% Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for the first quarter of 2024 increased by 87.2 percent at 264kt. While the company commissioned 10 of the 17 Alternative Fuel Projects across the Group, the local demand for cement, in the same period under review in Nigeria increased significantly by 26.1 per cent to 4.6Mt and the overall group volume rose by 12.3 per cent to 7…
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Truck involved in the Okene accident not our own, Dangote Cement clarifies
Truck involved in the Okene accident not our own, Dangote Cement clarifies Dangote Cement Plc has disowned a truck laden with cement that collided with a bus on Okene-Lokoja bypass in Kogi State, leading to the death of some passengers. The company however expressed sadness over the incident and condoled with the families of the victims, urging the public to disregard the erroneous news, that its truck was responsible for the fatal accident. Dangote Group’s Chief Branding & Communications Officer, Tony Chiejina in the statement explaine…
Yoruba Week: Sanwo-Olu's Administration Writes Lagos Assembly
Yoruba Week: Sanwo-Olu's Administration Writes Lagos Assembly - Sets date for celebration - Assembly holds a minute silence for late Ezeife A letter from the executive arm of the Lagos State government to the state House of Assembly has announced a decision to set the last week of September every year for the celebration of the Yoruba culture. The decision of the government followed a resolution passed by the Lagos Assembly at a sitting held on September 19, 2023. The Permanent Secretary of the Ministry of Tourism, Arts and Culture, who…
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