-
Jennete Ugo Anya
- February 20, 2025
WTO Appoints Nigeria’s Abdulhamid As Chairperson Of Trade In Services Committee
The World Trade Organisation (WTO) General Council has appointed Ambassador Adamu Mohammed Abdulhamid of Nigeria as the Chairperson of the Committee on Trade in Services Special Session, effective February 2025. Before this appointment, Ambassador Abdulhamid held several key positions within the WTO, including Chairperson of the Trade Facilitation Committee (TFC), the Council for Trade in […]
Read More-
- February 19, 2025
Haldane McCall Plc Reports 168% Surge In Profit Before Tax To N1.01bn
Haldane McCall Plc has reported a remarkable 168 percent increase in profit before tax, reaching N1.01 billion for the 2024 financial year, compared to N378 million recorded in 2023. The real estate and hospitality company recently disclosed its audited results on the Nigerian Exchange Limited (NGX), showcasing a strong financial performance driven by increased revenue […]
Read More
-
- February 19, 2025
FG Seeks Investors For $18.5bn Centenary City Project In Abuja
The federal government has renewed calls for investors to explore opportunities in the $18.5 billion Centenary City project in Abuja. Honourable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, made the appeal while receiving a delegation from Centenary City Plc, led by its Vice Chairman and former Secretary to the Government of the […]
Read More
-
- February 19, 2025
Providus Bank Appoints Tukur As Non-Executive Director
Providus Bank has announced the appointment of Mr. Mahmud Tukur as a Non-Executive Director. His appointment was ratified at the bank’s recent Annual General Meeting (AGM), held at the Radisson Blu Anchorage Hotel, Victoria Island, Lagos. Mr. Tukur, the Founder and Group Chief Executive Officer (CEO) of Ashgrove Group, is a globally recognised business leader […]
Read More
-
- February 19, 2025
Fitch: Tier-3 Banks May Face Mergers, or Licence Downgrades
Fitch Ratings has cautioned that Union Bank of Nigeria (UBN) and other tier-3 banks in the country may be forced into mergers, acquisitions, or licence downgrades due to their struggles in meeting the Central Bank of Nigeria’s (CBN) new paid-in capital requirements. Also read: How Investor Relations Can Boost Trust Amid Nigeria’s Banking Shake-Up In […]
Read More
-
- February 17, 2025
Senate Requests N10bn To Fund Literacy In The Capital Market
The Senate Committee on the Capital Market has urged Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to approve a special allocation of N10 billion to support literacy and development initiatives in the capital market. The request was made during a recent interactive session with the Honourable Minister and the […]
Read More
-
- February 17, 2025
Raenest Raises $11m In Series A led By QED Investors
Raenest, a Nigerian fintech startup focused on enabling seamless payments for remote workers, has successfully raised $11 million in Series A funding led by QED Investors. This round brings the company’s total funding to $14.3 million, with participation from pan-African VC firms such as Norrsken22, Ventures Platform, P1 Ventures, and Seedstars. Raenest plans to use […]
Read More
-
- February 17, 2025
FG Takes Over Keystone Bank After Plea Bargain Agreement
In a significant legal development, the federal government has officially taken over Keystone Bank Limited following a ruling by the Lagos State Special Offences Court in Ikeja. On Tuesday, February 12, 2025, Justice Ramon Oshodi ordered the forfeiture of 6.3 billion units of the bank’s ordinary shares, previously held by Sigma Golf Nigeria Limited, to […]
Read More
-
- February 17, 2025
Dangote Peugeot Begins Assembly Of Peugeot 3008 GT Model
Dangote Peugeot Automobiles Nigeria Limited (DPAN) has officially commenced the assembly of the Peugeot 3008 GT model at its Kaduna plant. This move marks a significant step in the automaker’s efforts to reclaim its leadership position in the Nigerian automotive market. Alongside the assembly of the 3008 GT, DPAN is also preparing to introduce the […]
Read More
-
- February 17, 2025
Emirates, Air Peace Sign Pact To Link 13 Nigerian Cities
In a significant move to strengthen air connectivity between Nigeria and the United Arab Emirates (UAE), Emirates Airlines and Air Peace have signed an interline agreement. This partnership is part of the broader Bilateral Air Services Agreement (BASA) between the two nations and aims to enhance travel options for passengers between Nigeria and the UAE. […]
Read More