Business

Hopes may be rising for the long-sought financing of critical infrastructure in the country with the hugely pooled pension contributions, as about N1.6 trillion, representing 20 per cent of the N8 trillion contributed, would be invested for that purpose. The amount, which is the minimum investment for infrastructure, is the fallout of the framework guiding the new pension scheme, as …

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President and Chief Executive Officer of Tropical Arctic Logistics (TAL), Emperor Chris Baywood Ibe has said that the company is a game changer in the aviation industry in Nigeria. The President of the indigenous airline operating in Nigeria, made the call in Lagos during an interactive session with the press where the company unveiled its newly acquired AW139 helicopter in …

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The 11-year-old hyper realist artist, Kareem Waris Olamilekan who sketched a portrait of French President, Emmanuel Macron during his visit to the New Afrika Shrine last week has profusely thanked the Managing Director of Ecobank Mr. Charles Kie for giving him the to opportunity of  a lifetime to showcase his talent before president Macron and Nigeria’s finest audience that comprised of the political …

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…Signs 500 million Naira Investment Agreement with Katsina State to revive Songhai Project The Group President/CE, Dangote Group, Aliko Dangote has signed an agreement with Katsina State Governor for reviving and upgrading the moribund Songhai project in Dutsinma town, under a 10-year lease agreement. The initiative which will see an initial investment of half a billion Naira by Dangote Group …

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…As Tony Elumelu Foundation (Tef) Hosts Vibrant Session With Nearly 2,000 Entrepreneurs French President Emmanuel Macron offered a bold and new vision of France’s relationship with Africa, speaking to Tony Elumelu Entrepreneurs in Lagos during his visit to the state. He passionately advocated a new partnership, prioritizing the role of entrepreneurship in driving Africa’s renaissance, highlighting the importance of the …

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The Securities and Exchange Commission (SEC) has said neither MTN Nigeria Limited nor any of its advisers or representatives has filed any application with the SEC regarding an Initial Public Offering (IPO). The Commission in a Circular in Abuja weekend signed by its Management, said its attention has been drawn to a publication in pages 1 & 38 of Business …

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Nigeria’s fully integrated telecommunications company, Globacom, has lent its support to the Chartered Institute of Personnel Management (CIPM) to organise a capacity-building forum for top-level human resource professionals in the country. The forum, co-sponsored by Globacom, featured one of the world’s most renowned executive coaches, John Mattone, among other resourceful persons who addressed an august audience of Nigeria’s foremost human …

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The President of a Mapo Customary Court in Ibadan, Ademola Odunade, on Friday dissolved the 19-year marriage between one Kehinde Anthony and husband, Samuel, over threat to life and irreconcilable differences. Odunade said that the court had no other option than to dissolve the union as a result of irreconcilable differences. He ordered that the petitioner and the respondent be …

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For failing to file their accounts and results to the Nigerian Stock Exchange (NSE), Cornerstone Insurance and seven others have been suspended from trading. The seven others are Royal Exchange Insurance Plc, African Alliance Insurance Plc and R. T. Briscoe Plc, STACO Insurance Plc, Standard Alliance Insurance Plc, Universal Insurance Company Plc and Veritas Kapital Assurance Plc. The Exchange in a …

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Kwara State Governor, Dr Abdulfatah Ahmed, has hailed the Supreme Court verdict on Senate President, Dr Bukola Saraki’s assets declaration and sundry charges instituted against him before the Code of Conduct Tribunal. The Governor, in a statement by his Chief Press Secretary, Abdulwahab Oba described the apex court as a bastion of democracy in the country. According to the governor, …

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