Business

Abbey Mortgage Bank Cleared of Insider Trading Allegations

Abbey Mortgage Bank Plc has been cleared of allegations regarding insider trading during a closed period, as initially stated in the Nigerian Exchange’s X-Compliance Report. After a review of the circumstances surrounding the case, the Nigerian Exchange (NGX) has decided not to enforce any penalties against the bank. The initial …

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Emirates returns to Nigeria from 1 October

Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between Lagos and Dubai, and offering customers more choice and connectivity from Nigeria’s largest city to, and through, Dubai. The service will be operated using a Boeing 777-300ER. EK783 will depart Dubai at 0945hrs, arriving in …

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PenCom: Ensuring Exceptional Service Delivery Through Consumer Protection Framework (Part 2)

As reported on this page last week , the National Pension Commission (PenCom) recently issued the maiden Consumer Protection Framework for the Nigerian pension industry. Previously, we highlighted pension consumer rights and enforcement mechanisms as captured in the Framework. In this publication, we continue the discussion on the key highlights of the …

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Adeleke wants stronger ties with Glo, others

Governor of Osun State Governor, Senator Ademola Adeleke, has advised Globacom and other telecoms companies to strengthen ties with the states, which he describes as subnational entities  where the company’s market lies. The Governor  who made the remarks when he received a Globacom team in his office in Osogbo, also …

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Emirates Group announces 2023-24 results

Group reports best-ever financial performance with record profit of AED 18.7 billion (US$ 5.1 billion), up 71% from last year, record revenue, and record level of cash assets. Group revenue increased 15% to a new high of AED 137.3 billion (US$ 37.4 billion), driven by strong customer demand across its businesses. …

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SIFAX Group Chairman Identifies Blue Economy Potential at LAUTECH Lecture

LAUTECH Convocation lecture 1: Bode Ojeniyi, Group Managing Director, Sky Capital & Financial Allied Company Limited, representative of Dr. Taiwo Afolabi, Chairman, SIFAX Group delivering the 16th LAUTECH Convocation Lecture recently. LAUTECH Convocation lecture 2: L-R: Prof. Funke Olagunju, Head of Department, Agric Economics and Extension, LAUTECH; Oliver Omajuwa, Deputy Director, Strategic …

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