Afreximbank, Anambra seal $200m MoU to develop state at summit
The African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MOU) with Nigeria’s Anambra State Government to collaborate on state development efforts through the provision of project preparation and advisory services, including a potential debt financing programme of up…
(Special Report) Tinubu, Uzoka-Anite silent on state of ease of doing business at G20
Yes, there are excitements that at the concluding G20 meeting, Nigeria had investment deals that were principally based on pledges and not on contracts. In a statement, the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite linked the pledged…
That Elumelu’s comment that RoI in Nigeria scarcely found anywhere in the World…
While speaking to the press on the sidelines of the ongoing Nigeria-India Business Round Table in Delhi, self-styled Africapitalist advocate, Mr. Tony Elumelu claimed that “We believe in Africa, but especially in Nigeria. An investment in Nigeria promises a return…
NDPC Inaugurates GAID Committee for Data Protection success
The National Commissioner of the nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, has inaugurated the National Committee for NDP Act for the General Application and Implementation Directive (GAID). NDP Act GAID is one in a continuum of vital, regulatory…
Upon renewables, African Oil and Gas Exploration still attractive to Developed World
By NJ Ayuk Despite the call heard ’round the world commanding the global business community to divest from fossil fuels and shrink their carbon footprints in the name of net zero, international oil companies (IOCs) still recognize Africa as…
Fidelity Bank’s remains committed to growth, as PBT hits N76.3bn in H1
The Chief Executive Officer (CEO) of leading financial giant, Nneka Onyeali-Ikpe has averred that Fidelity Bank Plc., will continue to remain committed to helping individuals grow, inspiring businesses to thrive in the economy. She made the cheering assertion while reviewing…
NGX ASI Surpasses 68,000 Mark with 33% Year-to-Date Return
In a remarkable turn of events, the Nigerian Exchange Limited (NGX) achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points…
Just in: Banks, other financial institutions to join in NLC warning strike tomorrow
Amidst begging by the Minister of Labour and Productivity to the NLC and TUC to suspend planned strike tomorrow, the lead umbrella body for all Nigerian banks, insurance firms and related companies under the National Union of Banks, Insurance &…
GTCO audited statement shows significant growth (+268.2% y/y) in EPS to NGN9.94
Guaranty Trust Holding Company Plc (GTCO) published its H1-23 audited financial statement at the close of business on Friday (01 September), revealing a significant growth (+268.2% y/y) in EPS to NGN9.94 (vs NGN2.70 in H1-22). The sturdy growth in the…
Ecobank turning its banking halls to smart arenas
Ecobank Nigeria has started the remodeling of its branches across the country. This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cozy experience to customers and other stakeholders of…
