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Dangote Petroleum Refinery IPO Opens for Subacription

By Afolabi Oyekunle. Dangote Petroleum Refinery IPO Opens for Subscription   Dangote Petroleum Refinery IPO Opens for Subacription     –The Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) is now open. The offer is expected to run from Monday, 14 September to Tuesday,13 October 2026, giving eligible investors an opportunity to acquire shares in the company. The offer comprises 4.1 billion ordinary shares at ₦525 per share with a minimum purchase of 10 units. The shares are expected to be listed on the Nigerian Exchange Limited following completion of the IPO. Stanbic IBTC is acting as Joint Lead Issuing House, Joint Stockbroker and Receiving Bank to the offer. Key offer terms Issuer: Dangote Petroleum Refinery & Petrochemicals FZE Offer size: 4,100,000,000 ordinary shares Offer price: ₦525 per share Minimum subscription: 10 shares and multiples of 10 thereafter Payment: Full payment on application Use of proceeds: Growth capital ex...
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Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) is now open.

By Afolabi Oyekunle. The Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) is now open. The offer is expected to run from Monday, 14 September to Tuesday,13 October 2026, giving eligible investors an opportunity to acquire shares in the company.              Alhaji Dangote The offer comprises 4.1 billion ordinary shares at ₦525 per share with a minimum purchase of 10 units. The shares are expected to be listed on the Nigerian Exchange Limited following completion of the IPO. Stanbic IBTC is acting as Joint Lead Issuing House, Joint Stockbroker and Receiving Bank to the offer. Key offer terms Issuer: Dangote Petroleum Refinery & Petrochemicals FZE Offer size: 4,100,000,000 ordinary shares Offer price: ₦525 per share Minimum subscription: 10 shares and multiples of 10 thereafter Payment: Full payment on application Use of proceeds: Growth capital expenditure for the refinery expansion programme Of...

World Day for Decent Work: ASSBIFI demands end for indecent work policy by Employers.

By  Afolabi Oyekunle. As the World on 7th 0ctober,  celebrated Decent work in working places, the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has called for an end to indecent work policy and arbitrary sack of workers without following lay down  policies  ​by  Managements and Employers, especially in the Banks, Insurance and Financial Institutions.  Acting National President of Association of Senior Staff of Banks, Insurance and Financial Institutions, (ASSBIFI) Comrade Fanimokun Adesina made the call at an occasion to celebrate the day by the Association at its events centre in Alausa, Ikeja. ASSBIFI Acting National President, Comrade Fanimokun Adesina speaking at the occasion. His speech. "​Today in the Banks, Insurance and Financial Institutions, we have witnessed significant displacement of permanent decent work with casual, contract employees, and third-party outsou...

PenCom Intensifies Awareness Campaign on Contributory Pension Scheme

By Afolabi Oyekunle.  The National Pension Commission PenCom will kick off its awareness campaign for broad span pension for all to divergent interest groups with robust engagement not deployed before. The proosed campaign is designed to enable more Nigerian income  earners to embrace the need to protect their future. Speaking at the 2026 Media Conference, held Tuesday Oct 6, in Lagos, the Director General (DG), PenCom, Ms. Omollola Oworaran, said the five day event   would henceforth be an annual event . According to her this year’s inaugural programme would focus on youths, entrepreneurs, self employed and retirees. Omolola posited that  PenCom's objective is to bring pension home to Nigerians, making the public realise the need to have pension amid preparing for secure future.  The citizens she emphasised, should understand the operation of the contributory pension scheme (CPS), she went on. The programme is expected to  begin with the y...

PENCOM DG: President Tinubu has scored first in positive pension scheme reforms, deserves commendation.

By Afolabi Oyekunle. The Director General of National Pension Commission, (PenCom) Omolola Oloworaran said President Bola Tinubu approval of reforms in the Pension scheme has turned around the lives of Pensioners positively and the industry and he deserves the commendation of the people.           President Bola Tinubu The Director General said this yesterday Tuesday 6th of October in Lagos at the 2026 PenCom Media conference, where she spoke of the tremendous transformation in the Pension Industry. PENCOM DG Omolola Oloworaran According to her, under the present administration of President Bola Tinubu, Nigeria's pension system is not merely improving, but making history again and again. " For the first time, federal retirees across the Contributory Pension Scheme have received a pension increase across the board. Pension Boost 1.0 raised the monthly pension of more than 241,000 retirees, as monthly pension payments move from N12.15 billi...

WORLD TEACHERS’ DAY: GOV. ABIODUN EMPLOYS 7,000 TEACHERS, COMMITS ₦24BN TO EDUCATION INFRASTRUCTURE

By Afolabi Oyekunle. The Ogun State Government has announced the employment of over 7,000 teachers since the inception of the Prince Dapo Abiodun administration, as part of its sustained investment in strengthening teaching and learning across the state. The government has also earmarked ₦24 billion through the State Universal Basic Education Board (SUBEB) for the provision and rehabilitation of critical education infrastructure, while over ₦51 million was presented in cash prizes to outstanding teachers, schools and administrators at the 2026 World Teachers’ Day celebration in Abeokuta. Speaking at the celebration, held at the Cultural Centre, Kuto, Abeokuta, Governor Abiodun, represented by the Secretary to the State Government, Mr Tokunbo Talabi, said his administration recognised teachers as the foundation upon which every other profession and society was built. “Before a doctor learns to treat patients or an engineer designs a bridge, a teacher has awakened their minds...

Rhema Christian Church leader, Archbishop Akinola charges believers to reject limitations.

By Afolabi Oyekunle. The Archbishop of Rhema Christian Church & Towers, Dr Taiwo Akinola, has charged Christians to reject limitations, embrace their covenant identity and relentlessly pursue their God-given destinies, as the church celebrated its Friends and Family Day at the Champion Peace Cathedral along the Lagos–Abeokuta Expressway, Sango-Ota, Ogun State.          Archbishop Taiwo Akinola The colourful celebration, organised as part of preparations for the annual global Convention and 35th anniversary of the church themed “Be Unstoppable,” brought together clergy, traditional rulers, political stakeholders, church members, families, friends and other guests from different walks of life. The event also served as a platform to strengthen fellowship and mobilise members and friends ahead of the church’s forthcoming World Convention and 35th anniversary celebration. Delivering the keynote message, the Presiding Archbishop declared that continual...