By Kadiri Abdulrahman The United Bank for Africa (UBA) has posted a gross revenue of N3.19 trillion and a profit after tax of N767 billion for the 2024 financial year. Mr Tony Elumelu, Chairman, Board of Directors of UBA, made this known at the bank’s 63rd Annual General Meeting (AGM)Continue Reading
By Okeoghene Akubuike The Nigeria Sovereign Investment Authority (NSIA) says it posted a Net return of N1.88 trillion for Financial Year 2024, up from the N1.18 trillion recorded in 2023. The Managing Director/CEO of NSIA, Aminu Umar-Sadiq, disclosed this while presenting its 2024 Earnings at a Media Engagement on WednesdayContinue Reading
By Nana Musa Dr Stephen Akintayo, Chairman of GText Holdings, has announced a major business conference aimed at empowering over one million Nigerian entrepreneurs. Speaking at a news conference in Abuja on Thursday, Akintayo said the initiative would tackle economic hardship and support government policies on entrepreneurship development. He explainedContinue Reading
By Ginika Okoye Promoters and operators of entities engaged in a prohibited scheme are liable to a penalty of not less than N20 million or imprisonment to a term of 10 years or both. The Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, said it is oneContinue Reading
By Salif Atojoko President Bola Tinubu has congratulated Mr Jim Ovia, the founder and chairman of Zenith Bank Plc, on his admission to the prestigious Freedom of the City of London. President Tinubu described the honour as a fitting recognition of Ovia’s exceptional contributions to business, innovation, and technology. HeContinue Reading
By Rukayat Moisemhe Mr Hakeem Ogunniran, a thought leader in real estate, has projected Africa’s real estate market potential to reach $17.64 trillion by 2025. Ogunniran said this at the Nigerian-British Chamber of Commerce (NBCC) Real Estate Summit on Friday in Lagos. The summit, with the theme, “The Future ofContinue Reading
By Vivian Ihechu The Managing Director of Citizens Pensions Ltd., Helen Da-Souza, has highlighted the need for in-depth education to ensure citizens understand their pension contributions and avoid misconceptions. Da-Souza said this at the unveiling of Citizens Pensions Ltd. in Lagos on Tuesday. She emphasised that the pension planContinue Reading
By Kadiri Abdulrahman The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 budding entrepreneurs from 52 African countries. TEF Founder, Mr Tony Elumelu, made this known on Sunday in Abuja during the unveiling of the 2025 cohort of the foundation’s Entrepreneurship Programme. He stated thatContinue Reading
By Vivian Emoni The Abuja Chamber of commerce and Industry (ACCI) has inaugurated a joint action committee on women economic empowerment to drive policy reforms and business growth. Chief Emeka Obegolu, President, ACCI, who inaugurated the committee on Wednesday in Abuja, said that the effort was to advanceContinue Reading
By Rukayat Moisemhe Experts have tasked companies’ secretaries, registrars and administrators on the responsible use of Artificial Intelligence (AI) while enhancing Environmental, Social, and Governance (ESG) practices and data management. They gave the advice at the 2025 Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) Company Secretaries and Registrars’Continue Reading
