Business

  RMB Nigeria Issuance SPV PLC (the “Issuer”), a funding vehicle incorporated to support RMB Nigeria (the “Bank”) in raising financing from the public debt capital markets, achieved a significant milestone with the successful registration of its ₦40 billion Multi-Instrument Issuance Programme (the “Programme”). Stanbic IBTC Capital Limited (“Stanbic IBTC …

Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward. This upgrade follows a recent comprehensive technology enhancement. The bank expressed its heartfelt gratitude to customers for their support …

Champion Breweries Plc has received a two-year extension from NGX Regulation Limited (NGX RegCo) to achieve the required free float threshold for companies listed on the Nigerian Exchange Limited’s (NGX) Main Board. The extension, covering 2024 to 2026, grants Champion Breweries additional time to meet NGX’s requirements, which mandate either …

Standard Chartered, an international cross-border bank, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor has announced the signing of a $350m risk participation agreement. This facility aims to bolster the trade finance needs of SMEs and corporates across Africa and South Asia and to …

NOVA Bank, one of the newest commercial banks in Nigeria may be experiencing a major crisis following the early and sudden exit of its pioneer Managing Director, Mr. Wale Adedeji.   For a bank that is barely a few months old commercial banking operations, this development is seen as one …

The Federal Government on Tuesday appealed to stakeholders from local and international communities to take advantage of the growing interest in the agricultural sector to invest in large-scale mechanised farming. The Minister of Agriculture and Food Security, Abubakar Kyari, made the plea at the maiden edition of a three-day Farm, …

Technology company, Globacom, is spreading joy again as it presented cheques of N1m each to new set of millionaires in the exciting monthly Glo Jolly Win promo. Joined by its Nigerian Communication Commission (NCC) licensed partners, Nitroswitch, an aggregator company, and Tetragrammaton, the value-added service provider for these services, Globacom presented the cheques …

Dangote Petroleum Refinery and Petrochemicals has advised Pinnacle Oil and Gas Limited that deregulation should not be used as a justification for the importation of off-spec petroleum products or the undermining of Nigeria’s national interests. The refinery made this statement in response to remarks by Robert Dickerman, CEO of Pinnacle …

Ghana has led the West African region in both the frequency and diversity of cyber threats for the first half of 2024, facing a high volume of distributed denial of service (DDoS) attacks directed at industries including computer services and telecommunications. In fact, according to NETSCOUT’s 1H2024 DDoS Threat Intelligence Report (TIR), the country …

Nestlé Nigeria is proud to reaffirm its commitment to empowering the next generation of leaders by opening entries for its annual scholarship program. Aimed at high-achieving senior secondary and tertiary students pursuing studies in Science and Technology, this scholarship empowers and supports students in communities surrounding Nestlé operations. Since launching …