More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria Limited is looking to expand into several other countries, including Ethiopia, Angola and Cameroon. Deputy Managing Director, Ini Ebong, said in an interview that “There are a number of large economies with large banking pools that […]
Read MoreMCB (Mauritius Commercial Bank) a financial institution is deepening its presence in Nigeria with the appointment of a Nigerian, Abiodun Azeez as our new Representative Officer MCB brings Azeez an expert with a wealth of experience in the banking sector and a deep understanding of the African market, to strengthen MCB’s presence in Nigeria and […]
Read MoreManufacturers Association of Nigeria (MAN) have solicited the support of both Nigerians and the government for Dangote Refinery, to enable it to perform optimally. The support they canvassed will also serve as an impetus for other investors to invest in the downstream sector of the petroleum industry in the country. The President of MAN, Otunba Francis […]
Read MoreThe Nigeria Customs Service in just one made a revenue of N5.7 trillion. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Wednesday at the ongoing 2024 Comptroller-General of Customs Conference in Abuja. According to him, the revenue as November 2024 exceeded its target for the year by 10 per cent.The conference is themed “Nigeria […]
Read MoreSeplat Energy Plc, indigenous energy company, said Nigeria’s development will require significant improvements in access to energy. According to the Company, lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, said this […]
Read MoreDangote Cement Plc has made significant investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure. Nigerian President Bola Tinubu, whose commitment to CNG deployment and clean energy is unmatched in Africa, has maintained his administration’s drive to create a conducive environment for private sector investments and expand Nigeria’s CNG infrastructure to enhance […]
Read MoreThe Nigerian Government is sharing the sum of N1.298 trillion from its September 2024 Federation Accounts Revenue among the three tiers of Government. The Federal Government of Nigeria, States and the Local Government Councils will share the money, according to revenue distribution statement announced at the October 2024 meeting of the Federation Accounts Allocation Committee […]
Read MoreThe National Information Technology Development Agency (NITDA) and the National Agriculture Development Fund (NADF) has signed a Memorandum of Understanding, (MoU) to boost productivity in Agriculture. The NITDA’s Director General, Kashifu Inuwa and the NADF Executive Secretary, Muhammed Abu both signed the MoU, which would ensure food security in Nigeria through the infusion of emerging […]
Read MoreNigeria is expected to be hub for electric car manufacturing in Africa as a partnership that would immensely boost the country’s lithium mining and downstream batteries, has just taken off. ReElement Technologies Corporation, a provider of high performance refining capacity of rare earth and critical battery elements, announced the partnership with United Kingdom-based Jupiter Lithium to develop […]
Read MoreCreating Shared Value (CSV) approach to sustainability as a fundamental business strategy in Nigeria and beyond was a focal point when Shared Value Africa (SVA), in collaboration with Lagos Business School Sustainability Centre and ZER Consulting Africa, hosted the CEO Connect Forum in Lagos, Southwest, Nigeria. The event which also saw the official launch of […]
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