Business

Standard Bank Group Limited and MiDA Advisors partner with Nigeria Mortgage Refinance Company (NMRC) in a $228 Million Blended Finance Deal for Mortgage refinancing in Nigeria. This marks the second, large-scale housing finance transaction in Africa led by Standard Bank Group Limited and MiDA Advisors within the past two years, …

L-R: Dr. Okon Akiba, Medical Director/CEO Rabboni Hospitals Ltd; Mr. Kayode Falomo, Chairman of Greenwich Merchant Bank Ltd.; Dr. Dorothy Bassey, CEO/MD, Fortnum Consulting Hub/HSE Specialist; Akin Osuntoki, CEO of Richardson Oil and Gas Ltd and Adeola Ojo: Team Lead-Investment Banking at the two-day 16th edition 2024 PSRG-Richardson HSSE Forum, themed “Unlocking …

All is now set for this year’s ‘Green Worship 7.0’, a benefit concert organised to raise awareness and support for indigent children, orphans, and children with special needs. The concert, organised annually by Worship for Change, a leading not-for-profit organization in Nigeria will hold on October 1st 2024, at the …

…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 …

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 …

A potentially hazardous incident occurred earlier on Monday involving an Embraer ERJ 145 aircraft operated by Air Peace Airlines. As the plane descended into Nnamdi Azikiwe International Airport in Abuja, the windshield shattered. Fortunately, despite the alarming nature of this event, the flight, which had departed from Akure in Ondo …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has commenced the 2024 edition of its annual SME training. This initiative is designed to empower small and medium-scale enterprises (SMEs), stimulate economic growth, and promote entrepreneurial innovation across the country. The event will be held in key locations across Nigeria, including …