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 […]
Read MoreAfDB 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 […]
Read MoreFCMB 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 […]
Read MoreZenith 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 […]
Read MoreCAC 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 […]
Read MoreOlam 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 […]
Read MoreMoniepoint Launches MonieWorld in UK, Targets Nigeria’s $21bn Remittance Market
In a bold move that signals its global ambition, one of Nigeria’s leading fintech companies, Moniepoint Inc., has launched MonieWorld, a new remittance app tailored for the United Kingdom (UK) -based African diaspora—particularly the Nigerian community. The app, which officially rolled out in April 2025, marks Moniepoint’s first venture outside of Africa and aims to […]
Read MoreNigerian Breweries Posts N44.6bn Profit In Q1 2025
Nigerian Breweries Plc has bounced back to profitability with a net profit of N44.6 billion in Q1 2025, marking a dramatic turnaround from a N52.1 billion loss in the same period last year. The result highlights a resurgence for Nigeria’s largest brewer, following two years of FX-related losses that strained its bottom line. The unaudited […]
Read MoreLegend Internet To List 2bn Shares On NGX April 24
Legend Internet Plc, Nigeria’s fastest-growing last-mile broadband provider, is set to debut on the Main Board of Nigerian Exchange Limited (NGX) on Thursday, April 24, 2025. The listing, which will be conducted by way of introduction, marks the company’s official transition into the public market with 2 billion ordinary shares, reflecting its ambition to scale […]
Read MoreJulius Berger Wins Construction Company of the Decade Award
Julius Berger Nigeria Plc has been named the Best Construction and Infrastructure Company of the Decade at the West Africa Innovation Awards, a significant recognition of the company’s legacy of engineering excellence, sustainability leadership, and sectoral impact across Nigeria and West Africa. The recent award ceremony, held in Lagos, was organised to celebrate brands demonstrating […]
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