FG announces plans to offset N4trn debt owed GenCos –Ministry
April 15, 2025
NNPC advocates for strategic balance in managing Energy transition The Chief Upstream Investment Officer, NUIMS, NNPC Ltd., Bala Wunti has emphasised the need for a balance in managing energy transition. He made the disclosure at the 46th edition of the Nigeria Annual International Conference and Exhibition (NAICE) held[Read More…]
UBA partners Medplus, Oriki, i-fitness, to enhance customer experience United Bank for Africa (UBA) Plc has entered into partnerships with three health-based organisations to create robust synergy for enhanced customer experience. UBA’s partnership with MedPlus Pharmacy Nigeria, I-Fitness Gym Nigeria, and Oriki Spa and Wellness Centre, is expected[Read More…]
GlaxoSmithKline to cease operation in Nigeria GlaxoSmithKline Plc (GSK), a British multinational drug maker and biotechnology company on Thursday announced its intention to cease operations in Nigeria. This announcement was made known in a statement filed at the Nigerian Exchange (NGX). The statement explained that GSK’s operations in Nigeria[Read More…]
NCC plans clean energy policies for $75.6 billion telecoms sector The Nigerian Communication Commission (NCC) is on the verge of introducing policies that would encourage the sector to adopt clean and sustainable energy sources. Besides, the policy is also targeted at helping to reduce carbon emission footprint in the[Read More…]
Polaris Bank receives recognition for Supporting Women Empowerment The International Women Society (IWS) Skills Acquisition Centre, Lekki, Lagos has honoured Polaris Bank with the prestigious ‘Providers & Enablers’ Award in recognition of the Bank’s remarkable commitment and significant contributions to women empowerment, particularly in the area of vocational, skills training and capacity building for women, as[Read More…]
Sterling Bank, LASHMA Expand Healthcare In Lagos With Virtual Booth One of Africa’s fastest-growing companies and Nigeria’s leading financial institution, Sterling Bank, has joined forces with the Lagos State Government to expand the reach of its health care provision with the launch of the Ilera Eko Virtual Booth, designed to[Read More…]
Chain Reaction Africa appoints Oguadinma as new Executive Director, Growth Chain Reactions Africa has announced the appointment of Nkiru Oguadinma, an accomplished Marketing and Business Growth Expert as its Executive Director, Growth. According a release, she will be part of the executive management team and responsible for driving the[Read More…]
Access Holdings receives Karlsruhe Award for Sustainability Access Holdings Plc has been honoured with the prestigious Karlsruhe Award for Outstanding Business Sustainability Achievement for the eighth consecutive time. Presented at the Global Sustainable Finance Conference (GSFC) organised by the European Organisation for Sustainable Development (EOSD) in partnership with the city[Read More…]
Fidelity Bank Stock Upgrade Excites Investors According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, Progressive Shareholders Association of Nigeria, commented, “Fidelity[Read More…]
Transcorp delivers strong performance with N82.1bn revenue in first half of 2023 Transnational Corporation Plc (Transcorp Group) has announced revenue of N82.1 billion in the first half (H1) of 2023, compared to N62.9 billion in H1 2022 and marking a substantial 31% growth year-on-year. The report was announced as[Read More…]