Business/Finance

Nigerian Breweries Shareholders Approved N600b Fun

Firm Seeks To Use AI Financial Tools To Boost Cross-Border Transactions

Olusola Amusan (Co-founder/Chief Executive Officer, Vesti)

Vesti, a migration financial technology (fintech) company, has disclosed an artificial intelligence (AI) financial tools aimed at simplifying and streamlining cross-border payments and financial transactions for billions of immigrants worldwide. These tools, named ‘Miai and Safelock,’ are created to boost financial and planning burde ... Read more

$600m, Maersk To Invest In Nigerian Seaports

Danish shipping and logistics company, A.P Moller-Maersk, has disclosed its plans to invest $600m to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports. This was made in closed-door talks between President Bola Tinubu and the company’s Chairman, Mr Robert Maersk Uggla, on the sidelines of ... Read more

Stakeholders Calls For More Finance For Africa At Summit

 Abi Mustapha-Maduakor, (Chief Executive Officer, AVCA)

The African Private Capital Association has seeked more funding to support what they refer to as Africa’s new era of growth. This was disclosed at the 20th Annual Conference & VC Summit in Johannesburg, a gathering of institutional investors, fund managers, policymakers, local and international investors, and entrepreneurs who came togethe ... Read more

Stockbrokers Seeks An Improved PFAs Participation In Equity Market

The Chartered Institute of Stockbrokers has strongly demanded that Pension Fund Administrators improve their participation in the equities market. According to a statement from the institute, this was disclosed during a recent courtesy visit by its leadership to the Central Bank of Nigeria Governor, Mr Olayemi Cardoso, who is also a stockbroker, ... Read more

Standard Chartered Bank Nigeria Appoints Dalu Ajene New CEO

alu Ajene (New CEO, Standard Chartered Bank Nigeria)

Standard Chartered Bank has announced Dalu Ajene as the Chief Executive Officer of the bank’s operations in Nigeria. With the appointment, Ajene will take over from Lamin Manjang, the Vice Chairman Africa and Acting CEO who will be retiring from the bank after 25 years of service, having reached the mandatory retirement age. A statement ... Read more

Clean Energy Jobs Increases To 35m In Fossil Fuel Sector — Report

George Asamani (Managing Director, Sub-Saharan Africa, PMI)

A 2023 World Energy Employment Report has stated that clean energy jobs increased to 35 million in the fossil fuel sector, representing a growth of 4.7 million in the last year. The report indicated that while fossil fuel employment has lagged, the remaining 1.3 million jobs are below their pre-pandemic levels of 32 million, with new jobs in con ... Read more

Nigeria Launches New Fiscal Incenti

Today, in a move to further revitalise the oil and gas industry’s contribu ...
read more »

BDC Operators Discloses Plan To Har

The Association of Bureaux De Change Operators of Nigeria has disclosed its plan ...
read more »

CBN Releases Fresh Forex To Bureau

Dr. Olayemi Cardoso (Governor, Central Bank of Nigeria (CBN)

Indications have emerged that Naira may hit below N1000 against US dollar as the ...
read more »

Nigeria Must Focus On Human Capital

The Vice-Chancellor of the University of Calabar, Professor Florence Obi, has di ...
read more »

FG Urges Operators To Focus On Inve

The Federal Government has urged oil and gas operators to seek ways of raising c ...
read more »