* The family of Laolu Martins, one of the co-founders of Bukka Hut, a leading fast-food chain in Nigeria, has announced his death. A statement released by the family on Wednesday said the quintessential banker with over 21 years of experience in investment banking, corporate banking, stockbroking, asset management and pension fund management, died in the evening of Tuesday, September ... Read More »
Shareholders have approved the conversion of Sterling Bank Plc from core banking business to a holding company. The move, experts said, will allow the financial institution to strengthen its subsidiaries, especially its Islamic banking operation which it started months ago. According to a filing made by the bank on the Nigerian Exchange Limited’s website, it will become known as Sterling ... Read More »
• Nigeria Air announces recruitment The Minister of Aviation, Hadi Sirika, disclosed on Friday that Ethiopian Airlines emerged a core investor in the Nigerian National Carrier, Nigeria Air, following a bid. Sirika, who disclosed this at a press briefing in Abuja, said Ethiopian Airlines won the bid with a consortium and would have 95 controlling shares in the airline. While ... Read More »
The president of the African Development Bank, Akinwumi Adesina, has said Nigeria needs help in tackling its debt burden. He said this at the Nigeria International Economic Partnership Forum in New York on Thursday. According to Adesina, financing was critical to solving Nigeria’s development challenges. He said, “Financing is critical because the debt to GDP ratio of Africa has increased ... Read More »
COURTESY Guardian Former Central Bank Governor Sanusi Lamido Sanusi (right); President Muhammadu Buhari; Minister of Foreign Affairs, Geoffrey Onyeama; Chief of Staff, Prof. Ibrahim Gambari; Permanent Representative of Nigeria to UN, Prof. Tijani Muhammad-Bande and Minister of Finance, Hajia Zainab Ahmed during the opening of the 77th United Nations General Assembly in New York… yesterday. The Federal Government’s total debts ... Read More »
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 ... Read More »
Organisers of the Most Trusted Brands Awards (MTB), have confirmed that Mr. Idorenyen Enang, Chief Executive Officer of Corporate Shepherds Limited will deliver the lecture as part of the activities for this year’s award taking place in Lagos on Sunday, November 13, 2022. A consummate marketer, brand builder, turn- around expert, leadership and life coach, Idy, as he is fondly ... Read More »
Dr. Jimoh Ibrahim, CFR has been officially invited by World Bank and International Monetary Fund (IMF) to attend and participate in their ancillary meeting in Washington, United States in October. The invitation personally addressed to the billionaire business mogul was jointly signed by the two international monetary bodies: World Bank and IMF. The letter reads in part : “We are ... Read More »
The attention of the Rivers State Police Command has been drawn to a protest by some disgruntled elements on 17/9/2022 along UTC junction to Government House, Port Harcourt, who alleged that the Commissioner of Police did not allow them to extort money from petroleum tankers’ drivers. The command would have ignored them, considering the fact that most people captured on ... Read More »
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 ... Read More »
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