BUSINESS

INDIA – Tony Elumelu, the Chairman and CEO of Heirs Holdings and Transcorp, along with being the Chairman of United Bank for Africa (UBA) Plc., has urged the Indian private sector to use the current opportunities presented by the Nigerian government and invest in Nigeria. This call to action came …

LAGOS, Nigeria – September 2023 – Guaranty Trust Holding Company Plc (“GTCO” or the “Group”), has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦327.4billion, …

BY ABUSATAR HAMED LAGOS – The Nigeria Union of Journalists (NUJ), Lagos State Council, has bestowed on Dangote Industries Limited (DIL), a prestigious Award Of Excellence from journalists in Lagos State. The award recognizes the conglomerate’s remarkable contributions to Nigeria’s economic development and its dedication to job creation and critical …

LAGOS, August 30, 2023 – The Plug, a trailblazing force in reshaping Africa’s burgeoning entertainment and talent management industries, is proud to commemorate a remarkable milestone – its seventh anniversary. Since its inception in August 2016, The Plug has propelled Africa’s cultural renaissance and talent evolution to unprecedented heights. From humble …

Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM). In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First Guarantee Pension in December 2022 – has scaled up …

Donald, the 6-year-old son of prominent Nigerian businessman and club owner, Cubana Chief Priest, has unveiled his very own establishment, ‘De Angels Bar & Grills’. This young CEO’s venture has garnered widespread attention not only due to his tender age, but also because of his unwavering determination to follow in …

The Nigerian Maritime Administration and Safety Agency (NIMASA) has alleged that the ill-fated Majestic Rig owned by Depthwize Nigeria Limited, which capsized at Ovhor in Warri, Delta State, had been operating without proper approval on Nigerian waters since 2016. The ABS Classed inland Water Drilling 232 feet-long Barge, with a …

Prince Bassey, a social media user, has raised allegations against First City Monument Bank (FCMB) for allegedly failing to release money intended for his younger sister’s urgent medical bills, potentially endangering her life. Bassey shared his distress on LinkedIn, expressing concern that his sister’s life is at risk due to …

BY ABUSATAR HAMED ILARO-YEWA – A peaceful rally was held on Wednesday, August 16, 2023 in Ilaro-Yewa, Ogun State, by the Poultry Association of Nigeria Ogun State (PANOG), Yewa Zone, to express the unbearable hardship that the poultry farmers are going through in Yewa, Ogun State and Nigeria in general, …

LAGOS – Musty Mustafa, the Chief Technology Officer and Co-founder of Kuda Technologies Limited, has reaffirmed the pivotal role of fintechs in Nigeria’s pursuit of fully harnessing the digital economy’s potential as a strategic non-oil contributor to national socio-economic growth. In an exclusive interview, Mustafa commended the Federal Government’s digital …