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Newsbusinessng NewsBusiness (newsbusinessng.com) is published by NewsBusiness Media Company, a Nigerian media and integrated communication organization based in Lagos.

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L-R: JohnMichaels Mbanefo, Head, Media and Publicity, National Commission for Persons with Disabilities (NCPWD); Soji Ad...
21/09/2022

L-R: JohnMichaels Mbanefo, Head, Media and Publicity, National Commission for Persons with Disabilities (NCPWD); Soji Adewale, Director, Planning, Research and Statistics, NCPWD; Usman Malah, Director, Human Capital and Administration, NCC; James Lalu, Executive Secretary, NCPWD; Hafsat Lawal, Head, Human Capital, NCC and Mohammed Baba, Director, Accessibility, NCPWD during a courtesy visit by the NCPWD management to NCC in Abuja recently....

https://newsbusinessng.com/2022/09/21/ncc-deploys-84-it-projects-to-support-persons-with-disabilities/

L-R: JohnMichaels Mbanefo, Head, Media and Publicity, National Commission for Persons with Disabilities (NCPWD); Soji Adewale, Director, Planning, Research and Statistics, NCPWD; Usman Malah, Director, Human Capital and Administration, NCC; James Lalu, Executive Secretary, NCPWD; Hafsat Lawal, Head,

Heritage Bank Plc has upped the ante of its support in the corporate social responsibility space by joining forces with ...
21/09/2022

Heritage Bank Plc has upped the ante of its support in the corporate social responsibility space by joining forces with Gail Sickle Initiative to rescue people living with sickle cell anaemia. The partnership with Gail Sickle Initiative, a non-profit organisation, according to the Executive Director, Heritage Bank, Osepiribo Ben-Willie with its back-to-school project support, is to ameliorate the burden of sickle cell persons in Nigeria and to ensure that all affected persons live normal pain-free lives....

https://newsbusinessng.com/2022/09/21/heritage-bank-joins-forces-with-gail-sickle-initiative-to-rescue-sickle-cell-patients/

Heritage Bank Plc has upped the ante of its support in the corporate social responsibility space by joining forces with Gail Sickle Initiative to rescue people living with sickle cell anaemia. The partnership with Gail Sickle Initiative, a non-profit organisation, according to the Execu

Muyiwa Akinyemi, deputy managing director, United Bank for Africa Plc, says the federal government should leverage the o...
21/09/2022

Muyiwa Akinyemi, deputy managing director, United Bank for Africa Plc, says the federal government should leverage the opportunities in the creative industry for sustainable export earnings. Akinyemi said this on Saturday at the annual conference of the finance correspondents association of Nigeria (FICAN) in Lagos. The conference was themed: ‘boosting domestic capacity for sustainable export earnings’. Akinyemi said the country’s creative industry was the second biggest growing industry in the world, spurred by the emerging digital trends in technology....

https://newsbusinessng.com/2022/09/21/nigeria-should-leverage-creative-industry-to-bolster-export-earnings-says-uba-deputy-md/

Muyiwa Akinyemi, deputy managing director, United Bank for Africa Plc, says the federal government should leverage the opportunities in the creative industry for sustainable export earnings. Akinyemi said this on Saturday at the annual conference of the finance correspondents association of Nigeria

Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st Dec...
21/09/2022

Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording a 75 per cent growth in profit after tax (PAT) of N1.13 billion compared to the N646 million recorded in the corresponding period in 2020. The results, which was approved by the Board of Directors of Prudential Zenith and the insurance industry regulator, the National Insurance Commission (NAICOM), shows that Gross Written Premium (GWP) and Annualized Premium Equivalent (APE) grew year on year by 16.3 per cent and 9.3 per cent respectively....

https://newsbusinessng.com/2022/09/21/prudential-zenith-life-insurance-records-75-growth-in-pat-in-2021/

Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording a 75 per cent growth in profit after tax (PAT) of N1.13 billion compared to the N646 million recorded in the corresponding period in 2020. The results, wh...

Dangote Industries Limited (DIL), has emerged as the Most Valuable Brand in Nigeria for a record 5th year in a row at th...
21/09/2022

Dangote Industries Limited (DIL), has emerged as the Most Valuable Brand in Nigeria for a record 5th year in a row at the outcome of the 2022 corporate brand evaluation, conducted by the leading brand and marketing research firm, Top 50 Brands Nigeria. Dangote emerged top with an aggregate score of 83.7 Brand Strength Measurement (BSM) Index score. This is followed by MTN, Globacom and Access Bank in fourth place....

https://newsbusinessng.com/2022/09/21/top-50-brands-dangote-emerges-most-valuable-for-fifth-consecutive-year/

Dangote Industries Limited (DIL), has emerged as the Most Valuable Brand in Nigeria for a record 5th year in a row at the outcome of the 2022 corporate brand evaluation, conducted by the leading brand and marketing research firm, Top 50 Brands Nigeria. Dangote emerged top with an aggregate score of

Jaiz Bank has appointed Dr. Sirajo Salisu as the Managing Director/Cheif Executive Officer of the bank. According to a d...
21/09/2022

Jaiz Bank has appointed Dr. Sirajo Salisu as the Managing Director/Cheif Executive Officer of the bank. According to a disclosure signed by Mohammed Shehu, the company secretary, Salisu’s appointment would take effect from October 16th, 2022 following the retirement of the incumbent MD, Mallam Hassan Usman. The management and board believe that Salisu’s emergence would help to further strengthen the bank considering that he has garnered 28 years of practical banking experience....

https://newsbusinessng.com/2022/09/21/jaiz-bank-appoints-dr-sirajo-salisu-as-managing-director-ceo/

Jaiz Bank has appointed Dr. Sirajo Salisu as the Managing Director/Cheif Executive Officer of the bank. According to a disclosure signed by Mohammed Shehu, the company secretary, Salisu’s appointment would take effect from October 16th, 2022 following the retirement of the incumbent MD, Mallam Has...

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated Senator Oluremi Tinubu, the senator representing ...
21/09/2022

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated Senator Oluremi Tinubu, the senator representing Lagos Central Senatorial District and former First Lady of Lagos State, on the occasion of her 62nd birthday. Governor Sanwo-Olu in a statement issued on Tuesday by his Chief Press Secretary, Mr. Gboyega Akosile, said Senator Tinubu over the years, has emblazoned her name as an advocate of social justice, a philanthropist and a voice of the voiceless....

https://newsbusinessng.com/2022/09/21/sanwo-olu-celebrates-senator-oluremi-tinubu-at-62/

The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated Senator Oluremi Tinubu, the senator representing Lagos Central Senatorial District and former First Lady of Lagos State, on the occasion of her 62nd birthday. Governor Sanwo-Olu in a statement issued on Tuesday by his Chief Pres

The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN) has sp...
20/09/2022

The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN) has spurred significant improvement in the country’s export remittances, the apex bank has revealed. The Principal Manager, Trade and Exchange Department, CBN, Mrs Anne Nnenna Ezekhennagha, disclosed this at the recently concluded Finance Correspondents Association of Nigeria (FICAN) 2022 annual conference with the theme “Boosting domestic capacity for sustainable export earnings”, held in Lagos....

https://newsbusinessng.com/2022/09/20/rt200-fx-export-remittances-have-improved-significantly-cbn/

The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN) has spurred significant improvement in the country’s export remittances, the apex bank has revealed. The Principal Manager, Trade and Exchange Department, CBN, Mrs Anne Nnenna Ezek...

The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Ni...
20/09/2022

The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the Finance Correspondents Association of Nigeria (FICAN), held in Lagos over the weekend, with the theme 'Boosting Domestic Capacity for Sustainable Export Earnings'. Yuguda who was represented by the Director, Lagos Zonal Office of the Commission, Hafsat Rufia, noted that development of the commodities ecosystem would help the country achieve its quest for sustainable foreign exchange earnings and economic development....

https://newsbusinessng.com/2022/09/20/sec-restates-commitment-to-commodities-ecosystem-development/

The Securities and Exchange Commission (SEC) has reiterated its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, stated this at the 2022 annual conference of the Finance Correspondents Association of Nigeria (FICAN

Zurich / Lagos, 15 September 2022 - ISSA is delighted to announce that Central Securities Clearing System plc (CSCS), Ni...
19/09/2022

Zurich / Lagos, 15 September 2022 - ISSA is delighted to announce that Central Securities Clearing System plc (CSCS), Nigeria, has become a member organisation of the Board of Directors of ISSA, effective September 2022. Haruna Jalo-Waziri, CEO of CSCS, is accordingly appointed to the Board of ISSA. The ISSA Board has set themselves the ambition of ensuring the Association is diverse and fit for the 21st Century, composed of a wide spectrum of firms involved in the Securities Services value chain globally....

https://newsbusinessng.com/2022/09/19/central-securities-clearing-system-plc-nigeria-joins-issas-board-and-appoints-ceo-haruna-jalo-waziri-as-board-member/

Zurich / Lagos, 15 September 2022 - ISSA is delighted to announce that Central Securities Clearing System plc (CSCS), Nigeria, has become a member organisation of the Board of Directors of ISSA, effective September 2022. Haruna Jalo-Waziri, CEO of CSCS, is accordingly appointed to the Boar

L-R: Maureen Chigbo, President, Guild of Corporate Online Publishers (GOCOP); Mrs. Adeola Olagoke, rep. Lagos State Comm...
19/09/2022

L-R: Maureen Chigbo, President, Guild of Corporate Online Publishers (GOCOP); Mrs. Adeola Olagoke, rep. Lagos State Commissioner for Information & Strategy; Dr. Biodun Adedipe; Prince Cookey, Publisher/Editor-in-Chief, Business Journal; his wife, Mrs. Perpetua Cookey; Mr. Rasaaq Salami, Dep. Director, rep. CFI/CEO of NAICOM; Mrs. Nnenna Ukoha, rep. EVC/CEO of NCC and Tim Akano, MD/CEO, New Horizons Limited at the official launch of Business Journal Newspaper in Lagos over the weekend....

https://newsbusinessng.com/2022/09/19/ncc-naicom-lasg-experts-identify-importance-of-media-in-national-development-seek-adoption-of-ai/

L-R: Maureen Chigbo, President, Guild of Corporate Online Publishers (GOCOP); Mrs. Adeola Olagoke, rep. Lagos State Commissioner for Information & Strategy; Dr. Biodun Adedipe; Prince Cookey, Publisher/Editor-in-Chief, Business Journal; his wife, Mrs. Perpetua Cookey; Mr. Rasaaq Salami, Dep. Dir

Four retiring staff of the Nigerian Communications Commission (NCC) have received encomiums from the Executive Vice Chai...
19/09/2022

Four retiring staff of the Nigerian Communications Commission (NCC) have received encomiums from the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Commission, Prof. Umar Danbatta, for their dedication to duties and rising to be counted as committed members of the team that is making the nation proud with their individual contributions to the development of telecommunications in Nigeria....

https://newsbusinessng.com/2022/09/19/danbatta-applauds-four-retiring-ncc-staff/

Four retiring staff of the Nigerian Communications Commission (NCC) have received encomiums from the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Commission, Prof. Umar Danbatta, for their dedication to duties and rising to be counted as committed members of the team that is

Dr. TaiwoAfolabi, Chairman, SIFAX Group, has described the death of his twin brother, KehindeAfolabi, as a devastating a...
19/09/2022

Dr. TaiwoAfolabi, Chairman, SIFAX Group, has described the death of his twin brother, KehindeAfolabi, as a devastating and great loss. Mr. KehindeAfolabi, Managing Director/CEO, Ken Dallas Hotel, died on Saturday in Lagos. According to the SIFAX Group boss, the deceased, a caring family man and consummate businessman, was a key part of his life for over 60 years, adding that they enjoyed a special relationship that stood the test of time....

https://newsbusinessng.com/2022/09/19/dr-taiwoafolabi-mourns-twin-brother/

Dr. TaiwoAfolabi, Chairman, SIFAX Group, has described the death of his twin brother, KehindeAfolabi, as a devastating and great loss. Mr. KehindeAfolabi, Managing Director/CEO, Ken Dallas Hotel, died on Saturday in Lagos. According to the SIFAX Group boss, the deceased, a caring family

On Saturday, September 10, 2022, BudgIT, a foremost civic-tech organisation leading the advocacy for accountability, tra...
19/09/2022

On Saturday, September 10, 2022, BudgIT, a foremost civic-tech organisation leading the advocacy for accountability, transparency and effective service delivery in Nigeria and four other African countries, officially announced and celebrated the winners of the maiden edition of the Active Citizens’ Award. The award celebrated phenomenal individuals and organisations that are creating sustainable impacts that have benefited citizens and instituted civic and social change to improve the…...

https://newsbusinessng.com/2022/09/19/tunde-onakoya-bags-budgits-active-citizens-award-debt-management-office-mr-macaroni-and-others-win-other-categories/

On Saturday, September 10, 2022, BudgIT, a foremost civic-tech organisation leading the advocacy for accountability, transparency and effective service delivery in Nigeria and four other African countries, officially announced and celebrated the winners of the maiden edition of the Active Citizen

The Executive Secretary and Chief Executive Officer of Nigerian Shippers' Council (NSC), has sought for synergy to achie...
19/09/2022

The Executive Secretary and Chief Executive Officer of Nigerian Shippers' Council (NSC), has sought for synergy to achieve the common goal of promoting seamless trade and creating enabling environment for businesses. Jime made the call when the President Airfreight Stakeholders' Forum, Mr. Toyin Onifade led his members on a courtesy visit to the NSC's Headquarters in Lagos on Wednesday. The NSC boss said that NSC was statutorily established to protect the interest of shippers, adding that the Airfreight Stakeholders' Forum is essential to this fundamental responsibility....

https://newsbusinessng.com/2022/09/19/nsc-boss-seeks-synergy-with-airfreight-stakeholders-forum-to-promote-seamless-trade/

The Executive Secretary and Chief Executive Officer of Nigerian Shippers' Council (NSC), has sought for synergy to achieve the common goal of promoting seamless trade and creating enabling environment for businesses. Jime made the call when the President Airfreight Stakeholders' Forum, Mr. Toyin

As Artificial Intelligence (AI) becomes embedded in people's lives and activities to an unnoticeable stage, the Director...
19/09/2022

As Artificial Intelligence (AI) becomes embedded in people's lives and activities to an unnoticeable stage, the Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, has urged the global tech community to find measures that will ensure that AI systems are built according to policies, regulations, and laws. Inuwa made this call while joining world-leading tech experts at the Global Artificial Intelligence (AI) Summit in Riyadh, Saudi Arabia, on a plenary session with the theme, "Catalyzing AI Communities and Solutions: Sharing Cases Across the EU, Latin America, Asia, and Africa....

https://newsbusinessng.com/2022/09/19/dg-nitda-canvasses-for-safer-artificial-intelligence-utilization/

As Artificial Intelligence (AI) becomes embedded in people's lives and activities to an unnoticeable stage, the Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, has urged the global tech community to find measures that will ensure that AI systems are

L-R: Vincent Okereke, Portfolio Manager, Blue Segment, Stanbic IBTC Bank; Maureen Eyeta, Winner of the N100,000 Reward4S...
19/09/2022

L-R: Vincent Okereke, Portfolio Manager, Blue Segment, Stanbic IBTC Bank; Maureen Eyeta, Winner of the N100,000 Reward4Saving promo monthly cash prize and Sadiya Ojo, Head, Consumer Clients, Stanbic IBTC Bank at the Reward4Saving promo Season 2 cheque presentation which held at the Stanbic IBTC Head Office in Lagos State, recently. Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded more customers in its ongoing Reward4Saving Promo Season 2, with 70 Nigerians from different regions winning ₦100,000 each in its monthly draws, which held recently in Lagos State....

https://newsbusinessng.com/2022/09/19/stanbic-ibtc-rewards-more-nigerians-with-cash-prizes-at-monthly-draws/

L-R: Vincent Okereke, Portfolio Manager, Blue Segment, Stanbic IBTC Bank; Maureen Eyeta, Winner of the N100,000 Reward4Saving promo monthly cash prize and Sadiya Ojo, Head, Consumer Clients, Stanbic IBTC Bank at the Reward4Saving promo Season 2 cheque presentation which held at the Stanbic IBTC Head

...As Danbatta Bags ‘Icon of Digital Revolution Award’ The Nigerian Communications Commission (NCC) has reiterated its u...
19/09/2022

...As Danbatta Bags ‘Icon of Digital Revolution Award’ The Nigerian Communications Commission (NCC) has reiterated its unwavering commitment to bridging growing gender-oriented digital divide to accelerate inclusive economic prosperity for all Nigerian citizens. Executive Vice Chairman of the Commission, Prof. Umar Garba Danbatta who restated this commitment in Lagos at the 2022 Nigerian Women Entrepreneurs and Executives in Tech Summit (WEETS), Thursday, September 15, 2022, where he was conferred with the ‘Icon of Digital Revolution Award’ for his role in stimulating digital connectivity in Nigeria, said promotion of gender equality is a major component of ICT development....

https://newsbusinessng.com/2022/09/19/promotion-of-gender-equality-major-component-of-ict-development-ncc/

...As Danbatta Bags ‘Icon of Digital Revolution Award’ The Nigerian Communications Commission (NCC) has reiterated its unwavering commitment to bridging growing gender-oriented digital divide to accelerate inclusive economic prosperity for all Nigerian citizens. Executive Vice Chairman of

The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa...
19/09/2022

The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located. The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan. This is coming on the back of $500m that has so far been injected into the project in Nasarawa....

https://newsbusinessng.com/2022/09/19/dangote-sugar-commits-billions-to-csr-schemes-in-adamawa-nasarawa/

The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located. The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master P

UBA New Executives at NGX 4: l-r: Group Company Secretary, UBA, Mr. Bili Odum; Executive Director Finance and Risk Manag...
16/09/2022

UBA New Executives at NGX 4: l-r: Group Company Secretary, UBA, Mr. Bili Odum; Executive Director Finance and Risk Management, UBA, Mr Ugo Nwaghodoh; Divisional Head(DH), Business Support Services, Nigerian Exchange Limited, Mrs Irene Robinson-Ayanwale; Deputy Managing Director, United Bank for Africa(UBA) Plc, Mr. Muyiwa Akinyemi; Director, Nigerian Exchange (NGX) Ltd , Erelu Angela Adebayo;; Chief Executive Officer, NGX, Mr. Temi Popoola and Group Managing Director/CEO, United Bank for Africa(UBA) Plc, Oliver Alawuba; Executive Director, North Bank, UBA, Ms Emem Usoro and DH, Capital Markets, NGX; and Executive Director/GCOO, UBA, Mr Alex Alozie, during the ceremonial strike of the closing gong at the floor of the Exchange by Alawuba in honour of recently appointed UBA’s executive management, on Wednesday in Lagos…...

https://newsbusinessng.com/2022/09/16/we-are-well-positioned-to-meet-africas-banking-needs-uba-ceo/

UBA New Executives at NGX 4: l-r: Group Company Secretary, UBA, Mr. Bili Odum; Executive Director Finance and Risk Management, UBA, Mr Ugo Nwaghodoh; Divisional Head(DH), Business Support Services, Nigerian Exchange Limited, Mrs Irene Robinson-Ayanwale; Deputy Managing Director, United Bank for Afr

Chairman, Senate Committee on Industry, Senator Tokunbo Abiru has commended Dangote Sinotruk West Africa for its impress...
16/09/2022

Chairman, Senate Committee on Industry, Senator Tokunbo Abiru has commended Dangote Sinotruk West Africa for its impressive commitment to Nigeria’s economic development through investment in a vehicle assembly plant in the country. According to him, with Dangote Sinotruk West Africa, Nigeria’s path to self-reliance in vehicle assembling has begun. “We want to encourage the company to continue to see how best to make Nigeria self-reliant in vehicle assembling as well as encourage other players in the value chain to also get on board”, he said....

https://newsbusinessng.com/2022/09/16/senate-commends-dangote-sinotruks-investment-in-vehicle-assembling-in-nigeria/

Chairman, Senate Committee on Industry, Senator Tokunbo Abiru has commended Dangote Sinotruk West Africa for its impressive commitment to Nigeria’s economic development through investment in a vehicle assembly plant in the country. According to him, with Dangote Sinotruk West Africa, Nigeria’s p...

The Federal Government has signed a grant agreement of €25 million with the French Development Agency (AFD) for the Nort...
16/09/2022

The Federal Government has signed a grant agreement of €25 million with the French Development Agency (AFD) for the Northern Corridor Project to boost the power supply in the country. The Northern Corridor Project, jointly funded by the European Union and the AFD, will improve transmission capacity in the north-western part of the country. Clem Agba, minister of state for budget and national planning, signed the agreement on Wednesday in Abuja, said the project was in line with the National Development Plan 2021 to 2025....

https://newsbusinessng.com/2022/09/16/nigeria-france-enter-into-e23m-agreement-to-boost-electricity-supply/

The Federal Government has signed a grant agreement of €25 million with the French Development Agency (AFD) for the Northern Corridor Project to boost the power supply in the country. The Northern Corridor Project, jointly funded by the European Union and the AFD, will improve transmission capacit...

Following the positive impact of its interventions in Nigeria’s healthcare system over the past two years, the Nigerian ...
16/09/2022

Following the positive impact of its interventions in Nigeria’s healthcare system over the past two years, the Nigerian Sovereign Investment Authority (NSIA) on Thursday disclosed that it planned to invest, in collaboration with its partners, about $100 million in its Diagnostics and Oncology Expansion Programme for critical medical facilities in the country. The NSIA’s Managing Director, Mr. Uche Orji, made this disclosure during an interactive session with journalists after the signing of the Memorandum of Understanding (MoU) between the NSIA Healthcare Development and Investment Company (NHDIC), a subsidiary of the Authority, and representatives of the five federal medical centres and three participating states under the phase one of the expansion programme....

https://newsbusinessng.com/2022/09/16/nsia-targets-100m-investment-in-nigerias-health-sector/

Following the positive impact of its interventions in Nigeria’s healthcare system over the past two years, the Nigerian Sovereign Investment Authority (NSIA) on Thursday disclosed that it planned to invest, in collaboration with its partners, about $100 million in its Diagnostics and Oncology Expa...

Lagos State Governor, Mr. Babajide Sanwo-Olu, and vice presidential candidate of the All Progressives Congress (APC), Se...
16/09/2022

Lagos State Governor, Mr. Babajide Sanwo-Olu, and vice presidential candidate of the All Progressives Congress (APC), Senator Kashim Shettima, on Thursday, said the APC National Leader and presidential candidate, Asiwaju Bola Tinubu is the most qualified with the capacity to lead Nigeria among all the presidential candidates contesting to succeed President Muhammadu Buhari in May 29, 2023. Speaking during the 95+1 anniversary lecture of the Yoruba Tennis Club held at the club’s Greeting Hall in Lagos, Governor Sanwo-Olu and Shettima urged Nigerians to vote for capacity during the 2023 presidential elections and shun religious sentiments....

https://newsbusinessng.com/2022/09/16/2023-shettima-sanwo-olu-others-drum-support-for-tinubu/

Lagos State Governor, Mr. Babajide Sanwo-Olu, and vice presidential candidate of the All Progressives Congress (APC), Senator Kashim Shettima, on Thursday, said the APC National Leader and presidential candidate, Asiwaju Bola Tinubu is the most qualified with the capacity to lead Nigeria among all t

The policy document which was approved by the Group’s Board of Directors of NGX Group Plc and published on the company’s...
16/09/2022

The policy document which was approved by the Group’s Board of Directors of NGX Group Plc and published on the company’s website was formulated in accordance with the Laws of the Federal Republic of Nigeria, investment and tax legislations, Codes of Corporate Governance, as well as internationally recognized best practices and principles. According to the NGX Group Policy document, “NGX Group, through its Dividend Policy, seeks to guarantee shareholder rights especially as it relates to return on investment....

https://newsbusinessng.com/2022/09/16/ngx-group-to-guarantee-shareholder-rights-on-investment-returns-releases-policy-document/

The policy document which was approved by the Group’s Board of Directors of NGX Group Plc and published on the company’s website was formulated in accordance with the Laws of the Federal Republic of Nigeria, investment and tax legislations, Codes of Corporate Governance, as well as international...

The Debt Management Office (DMO) says it will reopen federal government of Nigeria (FGN) bonds valued at between N70 bil...
16/09/2022

The Debt Management Office (DMO) says it will reopen federal government of Nigeria (FGN) bonds valued at between N70 billion to N80 billion on September 19, 2022. The development follows a review of its bonds issuance calendar for the third quarter of 222. A bond is a fixed income instrument that represents a loan made by an investor to a borrower — typically corporate or government....

https://newsbusinessng.com/2022/09/16/dmo-reopens-fgn-bonds-plans-n720bn-borrowing-target/

The Debt Management Office (DMO) says it will reopen federal government of Nigeria (FGN) bonds valued at between N70 billion to N80 billion on September 19, 2022. The development follows a review of its bonds issuance calendar for the third quarter of 222. A bond is a fixed income instrument that

MTN Nigeria Communications says it plans to issue up to N100 billion Series 1 bond under its new bond issuance programme...
16/09/2022

MTN Nigeria Communications says it plans to issue up to N100 billion Series 1 bond under its new bond issuance programme. Bonds are investment securities where an investor lends money to a company or a government for a period in exchange for regular interest payments. At the maturity date, the principal amount is paid back in full or risk default....

https://newsbusinessng.com/2022/09/16/mtn-nigeria-to-issue-n100bn-bond-for-network-expansion/

MTN Nigeria Communications says it plans to issue up to N100 billion Series 1 bond under its new bond issuance programme. Bonds are investment securities where an investor lends money to a company or a government for a period in exchange for regular interest payments. At the maturity date, the prin

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has on Thursday hinted that barring any major hitch ...
16/09/2022

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has on Thursday hinted that barring any major hitch in the ongoing rehabilitation works on the Port Harcourt refinery, the project will be completed by December this year and the refinery will resume full production. Sylva who disclosed this to State House correspondents after the Federal Executive Council (FEC) meeting held on Thursday at the Presidential Villa, Abuja, noted that…...

https://newsbusinessng.com/2022/09/16/sylva-says-port-harcourt-refinery-to-begin-full-operation-in-dec/

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has on Thursday hinted that barring any major hitch in the ongoing rehabilitation works on the Port Harcourt refinery, the project will be completed by December this year and the refinery will resume full production. Sylva who di

Lagos State Governor, Mr. Babajide Sanwo-Olu, has commiserated with his Ondo State counterpart, Arakunrin Oluwarotimi Ak...
16/09/2022

Lagos State Governor, Mr. Babajide Sanwo-Olu, has commiserated with his Ondo State counterpart, Arakunrin Oluwarotimi Akeredolu (SAN), on the death of his mother, Lady Evangelist Grace Akeredolu. Governor Sanwo-Olu, in a statement issued on Thursday by his Chief Press Secretary, Mr. Gboyega Akosile, urged Governor Akeredolu, the deceased family, friends and entire people of Owo and Ondo State in general to preserve the legacy of love and prayers left behind the deceased....

https://newsbusinessng.com/2022/09/16/sanwo-olu-commiserates-with-akeredolu-over-mothers-death/

Lagos State Governor, Mr. Babajide Sanwo-Olu, has commiserated with his Ondo State counterpart, Arakunrin Oluwarotimi Akeredolu (SAN), on the death of his mother, Lady Evangelist Grace Akeredolu. Governor Sanwo-Olu, in a statement issued on Thursday by his Chief Press Secretary, Mr. Gboyega Akosile

Kippa, a Nigerian financial management and payments platform, announced Monday it has raised $8.4 million in a new finan...
15/09/2022

Kippa, a Nigerian financial management and payments platform, announced Monday it has raised $8.4 million in a new financing round.The round included participation from global investors, including Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital (the venture arm of Credit Saison), Crestone VC (led by Inanc Balci, Co-founder and former CEO at Lazada), VentureSouq, Horizon Partners and Vibe Capital. Founded in June 2021 by Kennedy Ekezie-Joseph, Kippa provides digital…...

https://newsbusinessng.com/2022/09/15/nigerian-startup-kippa-raises-8-4m-to-expand-products-to-smes/

Kippa, a Nigerian financial management and payments platform, announced Monday it has raised $8.4 million in a new financing round.The round included participation from global investors, including Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital (the venture arm of Credit Saison), Cres

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