Business

Management of Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be allowed to buy crude directly from the companies that produce it in Nigeria rather than from international middlemen, as enshrined in the PIA act. Spokesperson of the Dangote Group, Anthony Chiejina said last night: “We are in receipt of NUPRC's statement that they have facilitated the allocation of 29 million barrels of crude oil to the Dangote Petroleum Refinery and Petrochemicals, we would like to thank them for this allocation but at the same time we wish to let them know that we are yet to receive these cargoes. “Aside from the term supply we bilaterally negotiated with NNPCL, so far NUPRC has only facilitated the purchase of one crude cargo from a domestic…

In the lush surroundings of the Guards Polo Club in Windsor, the Access Bank Charity Polo Tournament 2024 has emerged as a highly anticipated event, drawing attendees from across the globe to celebrate one of London's premier corporate summer gatherings.

United Bank for Africa (UBA) Plc is launching the "UBA Legacy Promo" to commemorate its 75th anniversary. The promo, which runs from July 2024 for six months, will reward loyal customers with N200m in cash prizes and other consolidation prizes.

Management of Dangote Cement, Okpella has signed a development and social support agreement with its Okpella Edo state host communities in demonstration of its commitment to the development and overall well-being of host communities and their people, as a responsible corporate entity The signing of the Community Development Agreement (CDA) came just as the Edo state and the federal government commended the company for its proactiveness in planning for the growth of its host communities as a sure means of promoting peaceful co-habitation. The Okpella Plant Director, Dangote Cement Plc, Mr. Mohammed Ismaeel, at the CDA signing ceremony said the cement company has fully complied with the provisions of the Minerals and Mining Act, 2007 and that of the Minerals and Mining Regulation 2011 of the federal republic of Nigeria. Signing the agreement on behalf of the company at Okpella, Mr. Ismaeel said the ceremony was very significant in that…