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JenneteUgo Anya
- 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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- November 4, 2024
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 […]
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- November 1, 2024
CSCS 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. […]
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- November 1, 2024
Glo 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 […]
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- November 1, 2024
MTN 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 […]
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- November 1, 2024
Moniepoint 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 […]
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- November 1, 2024
FG 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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