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Jennete Ugo Anya
- May 5, 2025
Multi-Trex Expands Share Capital With N3.25bn
Multi-Trex Integrated Foods Plc has increased its share capital following the successful listing of 1.72 billion ordinary shares on the Daily Official List of the Nigerian Exchange Limited (NGX), further positioning itself for business expansion. The shares, listed on Wednesday, April 30, 2025, were issued at N1.89 per share through a private placement exercise targeted […]
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- May 5, 2025
BoI Disburses N2.25bn To MSMEs Under FG Loan Scheme
The Bank of Industry (BoI) has disbursed N2.25 billion to 16,696 micro, small, and medium enterprises (MSMEs) in Gombe State, as part of the ongoing implementation of the N200 billion Federal Government Loan Scheme targeting MSMEs and manufacturing businesses across the country. Dr. Olasupo Olusi, Managing Director\Chief Executive Officer (CEO) of BoI, revealed the figures […]
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- May 5, 2025
FG Launches $200m Creative Economy Development Fund
In a quest to scale Nigeria’s creative sector and diversify the national economy, the federal government has opened applications for the Creative Economy Development Fund (CEDF)—a strategic funding vehicle aimed at unlocking access to sustainable capital for the country’s cultural and creative enterprises. Announced by the Federal Ministry of Arts, Culture, Tourism and Creative Economy […]
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- May 5, 2025
OPay Commits N1.2bn To 10-Year Scholarship Initiative
In a bold move reflecting its long-term commitment to national development and human capital investment, OPay has extended its N1.2 billion 10-Year Scholarship Initiative to students at the Federal University of Technology, Minna (FUTMINNA). The initiative, unveiled at a recent Memorandum of Understanding (MoU) signing event, is part of OPay’s nationwide education drive designed to […]
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- May 1, 2025
NECA Hosts 2025 MSMEs Fair To Boost Economic Stability
The Nigeria Employers’ Consultative Association (NECA) is set to host the 2025 edition of its annual micro small and medium –sized enterprises (MSMEs) Fair on May 6 at NECA House, Lagos, in a move to accelerate small business growth and foster a more enabling regulatory environment in Nigeria. Under the theme: ‘Galvanising MSMEs for Economic […]
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- May 1, 2025
AfDB Appoints Mbekeani As DG For Southern Africa Region
The African Development Bank Group (AfDB) has appointed Dr. Kennedy K. Mbekeani as the new Director- General (DG) for its Southern Africa Regional Development and Business Delivery Office and Country Manager for South Africa, effective May 1, 2025. A seasoned development economist with over 25 years of experience, Dr. Mbekeani is set to oversee the […]
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- May 1, 2025
FCMB Group Concludes FY 2024 With N7.1trn in Assets, Affirms Dividend at 12th AGM
FCMB Group Plc held its 12th Annual General Meeting (AGM) in Lagos on April 29, 2025, where shareholders approved key resolutions and endorsed the group’s financial results for the year ended December 31, 2024. The group has reported total assets of N7.1 trillion and customer deposits of N4.3 trillion. Digital revenues hit N101.9 billion, representing […]
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- May 1, 2025
Zenith Bank Approves N195.67bn Dividend Payout
Zenith Bank Plc have approved a final dividend of N4.00 per share, bringing the total dividend for the 2024 financial year (FY2024) to N5.00 per share, valued at N195.67 billion. The approval was granted at the bank’s 34th Annual General Meeting (AGM) held in Lagos recently. The 2024 dividend highlights Zenith Bank’s commitment to shareholder […]
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- May 1, 2025
CAC Issues Six-Week Ultimatum To Unregistered Businesses
The Corporate Affairs Commission (CAC) has issued a stern six-week deadline to all unregistered businesses operating in Nigeria, mandating immediate registration or risk prosecution and possible jail time. This directive, contained in a public notice released recently titled: ‘Carrying On Business In Nigeria Under An Unregistered Name Or Acronym,’ warns that operating without formal registration […]
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- April 30, 2025
Olam Agri Unveils Crown Thick Spaghetti
In a colourful ceremony that blended culinary innovation with cultural celebration, Crown Flour Mill (CFM) Limited, one of the key players in Nigeria’s wheat milling and pasta industry, under Olam Agri, introduced its newest product—Crown Thick Spaghetti—to the delight of distributors, partners, and stakeholders gathered in Abuja. The recent launch represents more than just a […]
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