BUSINESS

LAGOS, NIGERIA – Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN). She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May …

BY ABU-SATAR HAMED LAGOS, NIGERIA – The Management and Board of Access Holdings Plc (referred to as ‘the HoldCo’) have announced the appointment of Mr. Aigboje Aig-Imoukhuede, CFR, as its Non-Executive Chairman. Aig-Imoukhuede steps into this role, succeeding Mr. Abubakar Jimoh, the former Chairman of the HoldCo, who transitions to …

ABEOKUTA, OGUN STATE, NIGERIA – Ogun State Governor, Prince Dapo Abiodun has called for the exploration of available partnership options between Germany and Ogun State in the area of food production. He said Ogun State is looking at ways of contributing to the food security agenda of President Bola Ahmed …

ABUJA, NIGERIA – The House of Representatives has announced its intent to investigate the alleged non-payment of N1.8 trillion in taxes owed to the Federal Government by Multichoice group, the operator of DSTV and GoTV. The decision came following the adoption of a motion presented by Saidu Abdullahi (APC-Niger) during …

…Also 200 Shop Owners At Adire Market To Get N100,000 Each ABEOKUTA, OGUN STÀTE, NIGERIA – The Federal Government has announced a N150,000 cash reward for every exhibitor at the 2nd edition of the national Micro, Small and Medium Enterprises (MSME) clinic. A grant of N100,000 will also be given …

…Alleged CBN’s Abolition Of Segmented/Parallel Structure As Primary Driver Of Losses LAGOS, NIGERIA – The financial woes of MTN Nigeria have deepened with a reported loss before tax of N177.8 billion, a stark contrast to the pre-tax profit of N518.8 billion recorded a year earlier. The telecommunications giant attributed this …

…To Inaugurate Fashion Hub, Adire Shared Facility In Ogun ABEOKUTA, OGUN STATE, NIGERIA – The Vice President, Kashim Shettima will on Tuesday, March 5, 2024 embark on a one-day visit to Ogun State where he will declare open the Expanded National Micro, Small and Medium Enterprises (MSMEs) Business Clinics in …

ABEOKUTA, OGUN STATE, NIGERIA – Committed to empowering women on financial literacy to upscale access to opportunities and resources, as well as reduce poverty, the Ogun State government has trained women under the ‘Oko-Owo Dapo’ empowerment scheme. Commissioner for Women Affairs and Social Development, Hon. Adijat Adeleye, while delivering a …

LAGOS, NIGERIA – In a strategic move aimed at furthering its mission to empower African traders with the necessary payment solutions for thriving in the digital era, Squad, a fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), offering comprehensive payment and e-commerce solutions for businesses, has entered a partnership …

LAGOS, NIGERIA – In an unprecedented move, the Harvard Business School, the graduate business school of Harvard University, is set to cast the spotlight on the Tony Elumelu Foundation (TEF), recognising the Foundation’s extraordinary philanthropic achievement in a ground-breaking case study. The case study, first of its kind on any …