Connect with us

Business

FBN Holdings Announces Rebrand Name Of The Company as First HoldCo PLC

Published

on


FBN Holdings announces conversion of name to First HoldCo PLC, extending its name to cover the entire group in the company. The establishment announced their name conversion on Tuesday 18th of February, 2025.

The subsidiary of the company, FirstBank will still keep its familiar name as the holders see no need to change it. The conversion change will happen once the company has gained approval from the Government regulators.

The Managing Director, Wale Oyedeji, speaks on this change “This transition represents more than a name change; it is a renewal of our purpose and vision”.

“We are better positioned to meet evolving market demand while strengthening the trust that has defined our relationships for over a century.”


 

Advertisement

Business

“Aliko Dangote is Nigeria’s Biggest Debtor” – Dr. Cosmos Maduka Claims

Published

on


Nigerian Businessman Dr. Cosmos Maduka analyzes popular Billionaire, Aliko Dangote and describes him as the biggest debtor in Nigeria.

The businessman highlighted the fact that people who seem to have the most money are often the largest debtors.

“The number one debtor in Nigeria is Aliko Dangote. He’s the wealthiest man in Africa. The number one debtor in the world is the United States of America and you call them the richest in the world.”

“As you admire all of those things, it’s all credit. It’s all about credit. So you should leverage on loan, but you have to have a good structure that will support that loan.”


 

Advertisement
Continue Reading

Business

Dangote Drops Petrol Price Again as New Rates Start Across Nigeria

Published

on

Photo source: Google

Dangote Petroleum Refinery has once again slashed the pump price of petrol across Nigeria, offering some relief to consumers. The new price now falls between N875 and N905 per litre, reflecting a N15 drop. This update was shared on the refinery’s official social media page on Thursday.

According to Dangote, the price cut affects major fuel distributors working with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy. With this change, Lagos residents will now buy petrol at N875 per litre. Those in the South-South and South-East regions will pay N905, while the South-West sees a new rate of N885.

In the North-West and central parts of the country, it’s N895, and the North-East will also pay N905. Dangote added that their petrol and diesel are not only high-quality but also designed to support engine efficiency and reduce environmental impact.


 

Continue Reading

Business

Dangote Refinery Reduces Petrol Price to N825 per Litre

Published

on

Photo source: Google

Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS), or petrol, to N825 per litre, down from N835, as competition heats up in Nigeria’s fuel market.

This follows last month’s price reduction, when the 650,000 barrels per day refinery dropped the price from N865 to N835. The recent price change is aimed at providing more value to customers while strengthening Dangote’s position as a leader in the domestic market.


 

Continue Reading

Trending