President Tinubu Appoints New CEOs for Culture Agencies

President Bola Tinubu has made significant appointments, naming eleven new Chief Executive Officers to head various agencies under the Federal Ministry of Art, Culture, and Creative Economy. The appointments span across different regions of the country, with notable representation from various ethnic groups. The breakdown of the appointments reflects a diverse geographical spread, as follows:…

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PRESIDENT TINUBU SECURES $600 MILLION INVESTMENT FROM MAERSK FOR NIGERIAN SEAPORT INFRASTRUCTURE EXPANSION

In a groundbreaking development, President Bola Tinubu has successfully secured a monumental investment of $600 million from Danish shipping and logistics giant, A.P Moller-Maersk, aimed at expanding existing port infrastructure to accommodate more container shipping services in Nigerian ports. The announcement came during a high-level meeting between President Tinubu and Chairman of A.P Moller-Maersk, Mr….

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Dangote Cement Records Record-Breaking Revenue in Q1 2024

Dangote Cement, Africa’s leading cement manufacturer, has reported its highest-ever quarterly revenue in the first quarter of 2024, with a turnover of N817 billion. This remarkable achievement underscores the company’s strong performance and resilience in the face of economic challenges. The surge in revenue was primarily propelled by a substantial 26.1% growth in output in…

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Emzor Pharmaceuticals to Establish Anti-Malarial API Facility in Ogun State, Nigeria

Emzor Pharmaceuticals, a leading pharmaceutical company in Nigeria, has announced plans to invest $23 million (over N25 billion) in the establishment of an Active Pharmaceutical Ingredients (API) facility in Sagamu, Ogun State. This groundbreaking initiative aims to combat the pervasive threat of malaria in Nigeria and Sub-Saharan Africa. Once operational, the API facility will be…

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