Eroton Appoints Henry Imasekha As New Board Chairman
Eroton Exploration and Production Company Nigeria Ltd. has announced the appointment of Mr. Henry Imasekha as its new Board Chairman, effective immediately. This significant leadership transition follows the retirement of Mr. Onajite Okoloko, who leaves behind a legacy of exceptional service as Chairman. The announcement was made recently in a statement from the company. In […]
Read MoreCSCS Bags Capital Market Infrastructure Developer Title At BAFI 2024 Awards
The Central Securities Clearing System (CSCS) Plc, Nigeria’s leading capital market infrastructure provider, has been awarded the prestigious Capital Market Infrastructure Developer of the Year at the 12th Business Day Banks and other Financial Institutions (BAFI) Awards. The event, which took place recently in Lagos, celebrated the excellence and achievements within Nigeria’s financial services sector. […]
Read MoreGlo Appoints CEO, Establishes Board Of Directors
Nigerian telecommunications giant, Globacom, is set to appoint its first-ever Chief Executive Officer (CEO) and establish a formal board of directors. This landmark decision aligns with the Nigerian Communications Commission’s (NCC) ongoing push for stronger corporate governance across the telecom sector. Globacom, which has now notified the NCC, is expected to make a formal announcement […]
Read MoreMTN Nigeria Reports N514.9bn Nine-Month Loss
MTN Nigeria has revealed a staggering nine-month loss of N514.9 billion, primarily due to significant foreign exchange losses. Though it reported a modest profit after tax of N4.1 billion for the third quarter ending September 2024, a slight reprieve amid its broader financial turmoil. According to MTN Nigeria’s recent financial statement, its adjusted profit after […]
Read MoreMoniepoint Secures $110m Funding To Boost Digital Payments, Financial Inclusion
Moniepoint Inc. has secured $110 million in equity financing. The investment aims to empower millions of businesses and their customers across Africa and its diaspora, propelling the continent’s financial infrastructure to new heights. Founded in 2015 by Mr. Tosin Eniolorunda and Mr. Felix Ike, Moniepoint, formerly known as TeamApt, has built a formidable reputation in […]
Read MoreFG Gets N2.8bn Grant From Google To Boost Startups, Advance AI
The federal government has secured a N2.8 billion grant from Google to bolster AI talent development and innovation. This was revealed by Honourable Minister of Communications, Innovations, and Digital Economy, Mr. Bosun Tijani, at a recent press briefing in Abuja. This grant is a significant part of Google’s $5.8 million commitment to supporting digital skills […]
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