By Lucy Ogalue President of the African Development Bank (AfDB), Dr Akinwumi Adesina, on Thursday, paid a courtesy visit to former President Muhammadu Buhari to express appreciation for his unwavering support during his tenure at the bank. Adesina’s second term as AfDB President concludes in September. He said that theContinue Reading
By Rukayat Moisemhe and Taiye Olayemi Nigerian Breweries Plc says it generated N1.1 trillion in revenue for the financial year ended December, 2024. The company’s Managing Director, Hans Essaadi, disclosed this at the company’s pre-annual general meeting media briefing on Thursday in Lagos. According to Essaadi, the N1.1 trillion revenueContinue Reading
By Fabian Ekeruche The ECOWAS Bank for Investment and Development (EBID) in conjunction with the European Investment Bank (EIB), has announced a €100 million financial partnership to support climate action and environmental sustainability projects in the ECOWAS region. A statement signed by Anita Somda-Dala, Head of Communications at EBID, saidContinue Reading
By Rukayat Adeyemi The European Union (EU) has launched a 300,000 euro grant for Eurocham Nigeria Institutional Development Support to strengthen its secretariat, expand advocacy, and enhance external engagement for its members. The EU Ambassador to Nigeria and ECOWAS, Gautier Mignot, announced this on Thursday during Eurocham’s 25th Annual StakeholdersContinue Reading
By Yetunde Fatungase The Nigerian National Petroleum Company (NNPC) Foundation has begun a free cataract extraction surgery programme for 1,000 individuals across states in the South-West region. The News Agency of Nigeria (NAN) reports that screening for the surgeries began on Dec. 16, 2024, while the procedures officially startedContinue Reading
By Rukayat Adeyemi Wema Bank has disbursed N145 million in cash prizes to seven startups, winners of the fifth edition of its Hackaholics initiative that showcased innovative solutions in addressing real world challenges, The Managing Director of Wema Bank, Mr Moruf Oseni, told newsmen on Thursday in Lagos that thisContinue Reading
By Aisha Cole The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has stated that the National Policy on Marine and Blue Economy will serve as a transformative framework to maximise the nation’s extensive marine resources. He said that this initiative aims to create jobs, enhance sustainability, andContinue Reading
By Grace Alegba The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of the defunct Heritage Bank that challenges delaying access to guaranteed sums above N5 million are being resolved. Mr Bello Hassan, Managing Director, NDIC, gave the reassurance on Saturday during the 2024 edition of theContinue Reading
By Busayo Onijala By involving young people in decision making processes, societies can cultivate a generation equipped to tackle tomorrow’s challenges, an official of International Organisation for Migration (IOM) has said. Ali Ibrahim, Head of IOM Office in Lagos, said that every individual, regardless of his or her background, hadContinue Reading
By Rukayat Adeyemi The total assets of Wema Bank Nigeria has grown by 38 per cent, to N3.084 trillion in third quater of 2024, from N2.24 trillion posted in the corresponding quarter of 2023. The Managing Director of the bank, Mr Moruf Oseni, said this on Wednesday in the bank’s unaudited ConsolidatedContinue Reading
