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JenneteUgo Anya
- November 7, 2024
MTN Nigeria Seeks N50bn In Debt Market To Cover Funding Gap
MTN Nigeria, the largest wireless operator on the continent, has revealed its plans to raise N50 billion in commercial paper to support its short-term working capital needs. This move marks MTN Nigeria’s first return to the debt market this year, following four commercial paper issues last year, which raised a total of N375 billion. In […]
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- November 7, 2024
Moniepoint Appoints Bayo Olujobi As Chief Financial Officer
Moniepoint Microfinance Bank has announced the appointment of Mr. Bayo Olujobi as its new Chief Financial Officer (CFO), a move that aligns with the bank’s commitment to broadening financial inclusion in Nigeria. Mr. Olujobi, a seasoned financial executive, transitions to Moniepoint from Stanbic IBTC Bank (a subsidiary of Standard Bank Group), where he served as […]
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- November 6, 2024
Golden Terra Oil Secures Top Marketing Excellence Award
Golden Terra Oil has been awarded the Outstanding Campaign of the Year at the 2024 National Marketing Stakeholders Summit and Awards, recognising the brand’s impactful and resonant marketing efforts. The event, held recently at the Balmoral Convention Centre at Sheraton Hotel, Ikeja, brought together industry leaders to celebrate notable achievements in innovation and creativity within […]
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- November 6, 2024
First Bank Partners With Global Carbon Accounting Initiative
First Bank of Nigeria has officially joined the Partnership for Carbon Accounting Financials (PCAF) as part of its strategy to promote sustainable finance, combat climate change, and support socio-economic development during the global shift to a just and sustainable future. This move highlights the bank’s commitment to reducing its carbon footprint through accountable and transparent […]
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- November 5, 2024
Wema Bank Launches Export Trade Academy To Boost Nigerian SMEs
Wema Bank has unveiled the Wema Export Trade Academy, a specialised training initiative aimed at equipping small and medium enterprises (SMEs) in Nigeria with the knowledge and tools necessary for success in international trade. This comprehensive program is designed to help SMEs overcome the regulatory, financial, and logistical barriers that often impede their entry into […]
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- November 5, 2024
Nigeria Contributes $69.1m In Equity Funding To African Energy Bank Ahead Of 2025 Launch
Nigeria has officially contributed $69.1 million in equity funding to the newly established African Energy Bank (AEB), which is set to support and finance energy projects across the continent. The federal government announced that the AEB, with an initial capital base of $5 billion, is set to commence operations on January 28, 2025, in Abuja. […]
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- November 5, 2024
Nigeria LNG Unveils Rebrand With A New Logo
Nigeria LNG Limited (NLNG) has announced a significant rebranding initiative, marked by the launch of a new logo that embodies the company’s commitment to energy innovation and sustainability. The rebrand highlights NLNG’s strategic shift from being seen solely as a gas company to positioning itself as a broader energy provider, dedicated to fostering a greener […]
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- November 4, 2024
Woodhall Capital Secures $25m Afreximbank Facility To Enhance SMEs In Nigeria
Woodhall Capital, a financial services firm, has successfully secured a $25 million facility from the African Export-Import Bank (Afreximbank) to bolster the growth of small and medium enterprises (SMEs) in Nigeria. According to a recent statement, this landmark deal was signed during the inaugural Afreximbank SME development workshop and stakeholder engagement programme held in Lagos. […]
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- November 4, 2024
FBN Holdings Announces Share Sale To Raise N149.6bn
FBN Holdings has announced the commencement of a significant share sale initiative, set to begin on Monday, 04 November, 2024, aimed at offering approximately 5.98 billion ordinary shares to its current shareholders. The initiative provides an opportunity for shareholders to expand their investments and increase their stakes in the financial services group. According to the […]
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- November 4, 2024
FBNQuest Asset Management Wins BusinessDay BAFI Award
FBNQuest Asset Management, a subsidiary of FBN Holdings Plc and a prominent investment management firm in Nigeria, has been awarded the Excellence in Asset Management Award at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards. This accolade highlights the firm’s dedication to providing top-tier investment solutions and driving financial growth for its clients. The […]
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