Business
Dangote Refinery, wonder of modern technology ― Japan Ambassador, business community
Dangote Refinery, wonder of modern technology ― Japan Ambassador, business community
The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage.
This accolade was shared by a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria, Suzuki Hideo. The Dangote Group also reiterated that its petroleum products are in demand worldwide, as it expands its polypropylene section to reduce Nigeria’s reliance on imported polypropylene, a crucial material used in packaging, textiles, and the automotive manufacturing industries.
The Japanese delegation, which toured the impressive facilities housing both the Dangote Petroleum Refinery and Petrochemicals as well as Dangote Fertilisers, commended the state-of-the-art technology on display, noting that it reinforces Nigeria’s role as the gateway to Africa.
Managing Director of the Japan External Trade Organisation (JETRO), Takashi Oku, remarked that while Nigeria remains the gateway to Africa, the Dangote Refinery stands as a remarkable project that showcases the country’s technological progress. He added that the facility, as the world’s largest single-train refinery, is a point of immense pride for Nigeria. JETRO is Japan’s governmental organisation for trade and investment.
“We had heard about the excellence of the Dangote Refinery through the media but seeing it in person has left us truly amazed by its vastness and grandeur. It demonstrates that Nigeria’s population is not only growing but also advancing in technology. We are keen to collaborate with Nigerian companies, especially Dangote Refinery,” he said.
Emphasising that the refinery has bolstered Nigeria’s leading position in Africa, he further noted that the facility serves as an ideal introduction to the country for the global community.
Managing Director of Itochu Nigeria Limited, Masahiro Tsuno, also praised the sheer size and automation of the Dangote Refinery, calling it a miracle and one of the wonders of the world.
“I’ve seen many standalone refineries across the globe, including in Vietnam and the Middle East. However, this size of a refinery built by one single investor is probably a miracle in the world. And I’m just actually witnessing a miracle, to be honest, today,” he said. Tsuno indicated that his company would seek collaboration with the refinery across various sectors, including polypropylene and other petroleum products.
Commending the ambassador-designate and his team, which described the Dangote Petroleum Refinery as a wonder of modern technology, Vice President of Oil and Gas, Dangote Industries Limited, Devakumar Edwin, explained that the facility is the vision of a Nigerian investor- Aliko Dangote, designed and built by Nigerians, and intended to serve the global market.
He said that it is a point of pride that a Nigerian company not only designed but also built the world’s largest single-train refinery complex. Dangote Industries Limited, a Nigerian company, acted as the Engineering, Procurement, and Construction (EPC) contractor for the refinery. In the process, cutting-edge technologies from around the world were incorporated to ensure that the facility meets the highest standards. Edwin assured the ambassador-designate and the delegation that the company is open to collaboration, always striving to maintain the best possible standards.
“Even now, we have a lot of Japanese equipment inside both the refinery and the fertiliser plant. There are significant opportunities for collaboration, as we always seek the latest technology in any business we engage in. For instance, our cement plant laboratory is managed by robots, and we always embrace advanced technology. With Japan’s focus on technological innovation, there is ample scope for cooperation and for supplying various types of technology,” he said.
Edwin also stated that the Dangote Petrochemical project will significantly boost investment in downstream industries, creating substantial value, generating employment, increasing tax revenues, reducing foreign exchange outflows, and contributing to Nigeria’s Gross Domestic Product (GDP).
He confirmed that products from the refinery meet international standards and are already being exported globally.
“In recent weeks, we’ve exported petrol to Cameroon, Ghana, Angola, and South Africa among others. Diesel has gone all over the world, and jet fuel is being heavily exported to European markets. Our products are already making their mark internationally,” he said.
He further added that by leveraging Africa’s vast crude oil resources to produce refined products locally, the Dangote Group aims to create a virtuous cycle of industrial development, job creation, and economic prosperity.
-As Nollywood stars show support for their own.
Nollylwood star actress , Jaiye Kuti has officially unveiled her pet project.
The Terravilla Estate located at Arogunmasa compound, Afara Village near Kori Oja, Obafemi Owode LGA, Mowe, Ogun State was officially opened on Monday 8th, September, 2025.
With the slogan ” own your space, and tell your story ” . The project which was first launched during the birthday celebration of the Nollywood star was well attended by some of her friends in film industry. Among those who graced the event are , Foluke Daramola salako, Bimbo Oshin, Doyin Kukoyi,, Leye Fabusoro.amongst others
Jaiye Kuti was full of admiration to her colleagues , family and friends who witnessed the epoch event
She spoke after the event.
“First of all I want to give glory to Almighty God for the succes of this great project, and for making it happened. And then to my husband. Mr Lanre Kuti for pushing me to this level. I also want to say a big thank you to High Chief Muraina Olasile, Bashorun Agba Akin of Yoruba land, Mowe. I want to thank my family and friends, all my staffs, the administrative staff of TerraHives Properties, Jaylex Production, to all my fans globally and my well wishers. I also want to say a big thank you to Mr Idowu Kuti , he is the first person to bought a land from me, he is my brother in-law. I am thanking him specially because I know he is going to bring in people that will still buy land”
She also spoke about the Estate
“It is only 5 minutes to Nestle, 30 minutes to the airport, 15 minutes to Magodo, and it’s 15 minutes to Abeokuta, while it’s just 35 minutes to Ibadan. The actual price goes for #25m per acre, but for promo it’s #20m. While for 600sqm it’s #5millon, but it goes for 3.5 million for the promo, for 300sqm that goes for #3 million will put it down for #2million for promo, and this promo runs just for a month, which means the promo will close by next month ” she explained
Accounting to Jaiye Kuti, it is TerraHives property limited that present, Terravilla Estate which is their first estate
” Yes it is our first Estate”
With this big project Jaiye Kuti became has joined the group of Nollywood super stars who owns their own estate . And having been an ambassador to many companies and even to land estate , it’s a welcome development for Jaiye Kuti to ventured into this noble business
Business
Business Tycoon Oluwasegun Rolland Elusoji Cries Out Over Alleged Threats to Life Amid High-Stakes Legal War with Adeseye Joseph Famojuro
Business Tycoon Oluwasegun Rolland Elusoji Cries Out Over Alleged Threats to Life Amid High-Stakes Legal War with Adeseye Joseph Famojuro
In a dramatic turn in an ongoing legal showdown, prominent entrepreneur Oluwasegun Rolland Elusoji has gone public with chilling threats against his life and that of his family, allegedly linked to his legal battles with influential figure Otunba Adeseye Joseph Famojuro.
Elusoji revealed that the threats began on August 26, 2025, when Famojuro reportedly called some of his associates, vowing to “finish me” and make him “disappear from this earth.” Famojuro allegedly taunted Elusoji, warning that he “does not know who he is” and promising to destroy his reputation nationwide.
The intimidation escalated two days later when Famojuro reportedly contacted Elusoji’s sister, reiterating threats against the family, including his elderly parents. “These threats have left my entire family living in fear, and we are genuinely concerned for our safety,” Elusoji said.
Elusoji claims that Famojuro’s campaign of terror has extended to people close to him, with repeated references to prior incidents involving an associate known as Auxiliary, signaling a dangerous pattern of intimidation.
Sources close to the matter reveal that the threats coincide with a heated legal battle between Elusoji and Famojuro, raising concerns that the intimidation may be a deliberate attempt to influence the outcome of the case. Legal experts warn that such actions constitute serious criminal offenses under Nigerian law—including intimidation, harassment, and threats to life—and could worsen Famojuro’s legal position if proven.
“Since then, he has been contacting individuals close to me, threatening them as well,” Elusoji explained. “He has repeatedly stated that he will make me disappear from this earth and further warned me to ‘go and ask what he did to Auxiliary.’ These threats have placed my family and me in constant fear. At present, the Nigerian Police Force appears so compromised that urgent matters like this are not treated with the seriousness they deserve, simply because he is in a position of power.” The Issue of Alhaji Mukaila Lamidi, a known Auxiliary, is quite a different case, as no one knows what transpired between them in Oyo state park issues, but the Elusoji Court case is both in the USA and Nigeria. So comparing both is not sensible at all.
“This is more than just a legal battle,” Elusoji continued. “It has become a fight for our very survival. We are appealing to IGP Kayode Egbetokun and all relevant authorities to take urgent action before it is too late.” This Adeseye has failed to show up in the Court case in the USA and Nigeria. So why go ahead to declare someone wanted or resort to a threat to the life of his loved Ones?
The allegations have sparked outrage among human rights advocates, who are calling for immediate protection for Elusoji and his family. Critics are questioning whether law enforcement can act impartially, given the alleged perpetrator’s influence. Who is afraid of Adeseye? Is it the police or EFCC? Is it because he is Governor Makinde’s ally, or is he the Governor?
Observers warn that the case could set a precedent for how citizens are treated when threatened by powerful individuals, stressing the urgent need for transparency, accountability, and protection of life—irrespective of status or influence.
As the legal battle rages on, the nation watches closely, with many calling for swift action to ensure that justice prevails and that no one is above the law.
FIRSTBANK LAUNCHES FIRSTMONIE MERCHANT SOLUTION TO ADVANCE DIGITAL PAYMENTS ACROSS NIGERIA
Lagos, 3 September 2025 – FirstBank, the leading financial institution and provider of financial inclusion services in West Africa, has officially launched its FirstMonie Merchant Solution. This innovative platform is designed to enable merchants and businesses across Nigeria to seamlessly accept digital payments with efficiency and ease.
The FirstMonie Merchant Solution responds to the increasing need for dependable digital payment systems by offering a streamlined and automated onboarding process, an integrated referral system, and customizable features such as Pay with Transfer and Purchase. Additional capabilities include instant settlement, concession management with flexible and competitive pricing, automatic terminal registration, and a comprehensive suite of products spanning all pricing tiers. The solution comes equipped with pre-configured, ready-to-use POS terminals, as well as a network dashboard offering real-time monitoring, dispute resolution, and complaint management. These functionalities contribute significantly to improving the merchant experience by enhancing liquidity, accuracy, and operational control, while effectively minimizing chargebacks.
Chuma Ezirim, Group Executive, E-Business and Retail Products at FirstBank, remarked on the launch: “FirstMonie Merchant Solution is set to transform digital payments in Nigeria. With its advanced features and seamless onboarding, we are empowering businesses of all sizes and locations to thrive in the digital economy.”
He further emphasized that the FirstMonie Merchant Solution will enhance operational efficiency within Nigeria’s payments industry. “This is not merely a product introduction; we are simplifying payment processes and providing merchants with improved transparency, control, and speed for daily transactions. At FirstBank, our commitment remains steadfast in building financial ecosystems that offer value, convenience, and trust to all stakeholders.”
Both new and existing FirstBank account holders can access the FirstMonie Merchant Solution through a straightforward online registration at www.firstbanknigeria.com/getyourpos.
Leveraging FirstBank’s established technological infrastructure, the FirstMonie Merchant Solution demonstrates the Bank’s dedication to fostering growth and financial inclusion by delivering scalable, reliable, and user-friendly digital solutions tailored to the evolving needs of Nigerian enterprises.
Beyond enabling seamless digital payments, the FirstMonie Merchant Wallet Solution reinforces FirstBank’s commitment to the safety and security of merchant funds, a critical assurance that many Fintech alternatives do not provide.
With a heritage spanning 131 years, FirstBank continues to drive innovation in African banking. The introduction of the FirstMonie Merchant Solution reaffirms the Bank’s leadership in digital banking and underscores its mission to broaden access to financial services nationwide. Supported by a network of over 300,000 FirstMonie agents, FirstBank maintains its position at the forefront of accessible and innovative financial solutions for individuals and businesses throughout Nigeria.
-
society6 months agoRamadan Relief: Matawalle Distributes Over ₦1 Billion to Support 2.5 Million Zamfara Residents
-
Politics3 months agoNigeria Is Not His Estate: Wike’s 2,000‑Hectare Scandal Must Shake Us Awake
-
society5 months agoBroken Promises and Broken Backs: The ₦70,000 Minimum Wage Law and the Betrayal of Nigerian Workers
-
society4 months agoOGUN INVESTS OVER ₦2.25 BILLION TO BOOST AQUACULTURE