CSCS Eyes NGX Listing As Shareholders Push for Transparency, Regional Growth
Central Securities Clearing System (CSCS) Plc is considering a potential listing on the Nigerian Exchange (NGX), a strategic move that could redefine its role in Nigeria’s capital market infrastructure and open new opportunities for growth across Africa. The plan, disclosed at the company’s 31st Annual General Meeting in Lagos, signals CSCS’s intent to elevate its […]
Read MoreFG, CIG Motors Launch 28-Day Automotive Training
The Federal Government of Nigeria, through the Ministry of Humanitarian Affairs and Poverty Alleviation, has partnered with Choice International Group (CIG) Motors to launch a 28-day automotive training program aimed at empowering Nigerian youth and accelerating growth in the local auto industry. The initiative was recently unveiled in Abuja as part of broader efforts to […]
Read MoreNIPOST Seals Direct Mail Partnership With KLM To Cut Costs
In a strategic move aimed at streamlining international logistics and rebuilding global trust, the Nigerian Postal Service (NIPOST) has announced a direct mail partnership with KLM Royal Dutch Airlines. The agreement, which marks NIPOST’s first direct international mail collaboration in several years, is expected to significantly enhance mail delivery efficiency, reduce operational costs, and bolster […]
Read MoreBoI 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 […]
Read MoreFG 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 […]
Read MoreOPay 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 […]
Read MoreNECA 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 More