…Awarded: • SME Financier of the Year (Africa) • Platinum Award for Best Financier for Women Entrepreneurs (Africa) Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received two awards of excellence at the Global SME Finance Forum Conference Awards 2024 which held …

Tony O. Elumelu, CFR, Founder of the Tony Elumelu Foundation (TEF), hosted a reception with Cindy McCain, Executive Director of the World Food Programme (WFP), to highlight youth unemployment and hunger in Africa, on the sidelines of the 79th United Nations General Assembly meetings, in New York City. The gathering …

LONDON, [24-09-2024]  The Kunda Kids Summer Festival, a celebration of culture, education and children’s storytelling, concluded with a resounding success on Saturday, August 24, 2024, at the Shaw Theatre, London. The vibrant event not only captivated young minds but also served as the perfect backdrop for the exciting announcement of …

P+ Measurement Services, a leading Media Intelligence Consultancy, is thrilled to announce the highly anticipated 27th edition of #EvaluatePR. This significant event, held quarterly, will be conducted virtually on September 27th, 2024, from 12:00 pm to 1:30 pm (West African Time). #EvaluatePR is designed to facilitate engaging discussions, offer valuable …

Bello Matawalle, minister of state for defence and ex-governor of Zamfara, says he has no links with bandits terrorising the state. Matawalle has been accused of ties to bandits — an allegation he has repeatedly denied. Ali Gusau, a retired general, had accused Matawalle of working in cahoots with bandits …

The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate increased to 5.3 percent in the first quarter (Q1) of 2024. In a report on Tuesday, NBS said the unemployment rate increased compared to the 5 percent recorded in Q3 2023. NBS defined the unemployment rate as the share of …

The Nigerian Electricity Regulatory Commission (NERC) says the electricity subsidy bill rose to N180.8 billion in September. NERC announced the electricity subsidy bill in its monthly supplementary order released on September 12. On April 3, NERC approved an increase in electricity tariff for customers under the Band A classification to …

Spot FX market turnover was $9.90bn (N15.74trn) in August 2024, representing a 33.88 per cent ($2.51bn) Month on Month (MoM) increase from the turnover recorded in July 2024 ($7.39bn). This was contained in the FMDQ Markets Monthly Report for August 2024. Nigeria’s foreign exchange market has encountered significant challenges, largely …

Nnamdi Kanu, IPOB leader: trial adjourned till next year Justice Binta Nyako of a Federal High Court in Abuja, on Tuesday, recused herself from the trial of Nnamdi Kanu, the detained leader of the proscribed Indigenous People of Biafra (IPOB) Justice Nyako withdrew from the case following oral applications by …

Agunbiade confirmed the letters from the EFCC related to the accounts, marked as Exhibit 1a and 2a, and GTB’s responses, marked as Exhibit 2a and 2b. Adewale Agunbiade, a key witness in the trial of former Minister of Power and Steel, Olu Agunloye, testified on September 23, 2024, regarding alleged …