Business

Dangote Cement Plc Pledges Partnership with Host Communities & Stakeholders for Enduring Peace

Pan-African Cement manufacturer, Dangote Cement Plc has expressed commitment to maintaining its partnership with host communities and relevant stakeholders to create enabling environment for sustainable peace and mutual growth of communities within its areas of operations. Plant Director, Dangote Cement, Ibese Plant, Mr. Hazard Nawabuddin who gave the assurance, said the company would continue to […]

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Business

Ex-Absa Bank Chief, Jeremy Awori Resumes as Ecobank Group New CEO

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, the leading pan-African banking group, is pleased to announce that Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group. Jeremy Awori, commenting on his new role, said: “It’s a fantastic opportunity to take Ecobank to the next level […]

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Business

Nigeria Govt Parleys Stakeholders in Outsourcing Ecosystem on Opportunities Essential for Job Creation

The Nigerian Government has sought inputs from stakeholders in the outsourcing business to enable Nigeria to take advantage of the opportunities presented by global value chain, leveraging its competitive advantages of having the largest youth population in Africa, mature telecoms market, strategic geographic location, and vibrant innovation ecosystem to create millions of jobs. In pursuit […]

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Business

Tecno Joins Foldable Raves Debutting with Phantom V Fold

Challenger manufacturer Tecno unveiled its foldable Phantom V Fold priced at just over €1,000, stating it is part of an ambition to bring premium technologies to its key markets. During a press event at MWC23 Barcelona, the company unveiled its latest offering aimed at consumers in what it describes as “frontier markets”. While the company […]

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Business
  • February 28, 2023

Seplat Energy’s 2022 FY Revenue Grows by 29.8% to N403.9bn

Seplat Energy Plc, a Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, announces its audited results for the full year ended 31 December 2022, recording a rise in profit before tax by 15.3 per cent to N86.7bn from N71bn year-on-year. The company also generated cash from its […]

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News
  • February 27, 2023

Nokia Rebrands to B2B Tech Firm & Eyes Opportunities in Mobile Device Market

Nokia has changed into a business-to-business (B2B) technology firm, as the Finnish company seeks to seize opportunities beyond mobile devices. Pekka Lundmark, Nokia president and CEO, unveiled the new-look brand yesterday at Mobile World Congress (MWC) in Barcelona, saying the latest branding is being rolled out across its sites and assets. “Today is another milestone. […]

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Business
  • February 24, 2023

Emiefele Reviews Bank MDs, DMDs, EDs & Non-Executive Directors Tenure

The Central Bank of Nigeria (CBN) has reviewed the tenure of Executive Management and Non-Executive Directors of banks and other financial institutions. This was contained in a communique issued by the apex bank’s Director of the Financial Regulation Department of Chibuzo Efobi. The move is to strengthen governance practices in the banking sector, the CBN […]

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Business
  • February 24, 2023

Nigeria’s Privatisation Council Approves Nine Firms for NIPOST Properties Verification

The National Council on Privatisation (NCP) under the Chairmanship of the Vice President, Professor Yemi Osinbajo has approved nine firms to immediately carry out a nationwide verification of NIPOST Properties and Development Company Limited. The firms which are divided into the six-geo-political zones of the country are, Oghogho Ayanru, Raji Adewale Associates, Alaba Odunlanmi, Law […]

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Business
  • February 23, 2023

No Plans to Shut Digital Platforms and Online Banking Channels Because of Elections, Say Banks

The Association of Corporate Affairs Managers of Banks, ACAMB, in Nigeria, has denied rumor that the Central Bank of Nigeria is shutting down banking services because of the general election holding this weekend in the country. In a statement signed by the President of the Association, Mr. Rasheed Bolarinwa said there was no iota of […]

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Business
  • February 22, 2023

Nigerian President Lauds Dangote-Led Private Sector Initiative for Donating 350 Security Vehicles

As the private sector-led Coalition Against Covid-19 (CACOVID) winds down, President Muhammadu Buhari has commended the initiative of private sector operators, saying the contributions he has received from the Coalition so far has elevated his status among other Presidents of the world. The President, who spoke in Abuja yesterday while receiving a parting donation of […]

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