Digital services and telecommunications company, Globacom, has unveiled M-Agric, an agricultural support service that guides users through practical, step-by-step processes of managing successful farming businesses across Livestock, Aquaculture, Cash Crops and Value-Additions. In a statement in Lagos, Globacom said it partnered with the Lagos State Ministry of Agriculture on the …
Read More »OPEC says Dangote refinery’s diesel, jet fuel supplies to disrupt Europe’s oil & gas industry
…It is a big plus to Nigeria’s economy The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil …
Read More »ZENITH BANK BOOSTS SHARE OFFERING WITH HUGE DISCOUNTS
Zenith Bank Plc is offering its ongoing hybrid rights and public offers at the bank’s lowest price range, locking in about 32 per cent gain in potential immediate return for existing shareholders and new investors. Nigeria’s largest bank by profit, Zenith Bank is offering a rights issue of 5.233 billion …
Read More »N50 million to be won at Stanbic IBTC Pension Managers’ 2024 FUZE Talent Show
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has announced the eagerly awaited third season of the FUZE Talent Show with the theme, ‘Light it Up.’ Building on the success of the second season, FUZE Talent Show 3.0 is bigger and better with a jaw-dropping N50 million prize money. …
Read More »MTN Nigeria loses N519bn in six months due to inflation, weak naira
Nigeria Communications Plc reported a loss after tax of $519.1 billion for the first half of 2024, due to record-high inflation and a weaker naira. This disclosure was made in its financial results for the period ending June 2024, according to an e-copy of the report obtained by The …
Read More »Just-In: 60% Of Our Crude Oil Supplied by NNPC Ltd—Dangote Refinery
……Expresses Gratitude For Strong Partnership With NNPC The Group Chief Strategy Officer, Dangote Refinery and Petrochemicals Company, Aliyu Suleiman, has said that 60 per cent of the crude supplied to the refinery was done by the Nigerian National Petroleum Company Ltd. He said this on Wednesday during am interactive session …
Read More »Unity in Diversity: How Fola David’s Record-Breaking Art Captivated Global Media
P+ Measurement Services, Nigeria’s leading media intelligence consultancy, recently conducted a comprehensive media performance audit on the largest drawing in the world by an individual, created by Fola David. His remarkable 1,000 square meter sketch, titled “Unity in Diversity,” surpassed the previous record of 629.8 square meters set by India’s …
Read More »Stanbic IBTC’s Bloom Weekend reiterates support for women
Stanbic IBTC Holdings, a member of Standard Bank Group and a leading end-to-end financial institution in Nigeria, has reaffirmed its commitment to supporting women by empowering and nurturing their growth. During the inaugural Bloom Weekend event held recently at Landmark Event Centre, Victoria Island, Lagos, the company demonstrated its dedication to supporting women-owned enterprises by …
Read More »Credit Direct Announces Outstanding H1 2024 Financial Performance and Key Achievements
Credit Direct Finance Company Limited (Credit Direct), the consumer finance arm of FCMB Group Plc and one of Nigeria’s leading digital-first non-bank financial services providers, has recently received an upgrade to its credit rating from Agusto & Co. to BBB+. According to Agusto & Co., “The upgrade reflects Credit Direct’s …
Read More »CBN Approves Providus Bank, Unity Bank Merger
We are pleased to announce that the Central Bank of Nigeria has approved the merger between Providus Bank Limited and Unity Bank Plc, marking a significant milestone in the evolution of our respective institutions. This merger represents a strategic and complementary union that will leverage the strengths of both banks …
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