By Olawunmi Ashafa As a response to the growing need for stable and reliable investment opportunities in the nation’s dynamic economic landscape, CFG Africa has introduced the GFG AM Naira Fixed Income Fund. The launch event, which took place in Lagos on Wednesday, gathered key stakeholders, investors,Continue Reading
By Taiye Olayemi The Nigerian Exchange Group (NGX) on Tuesday gathered capital market stakeholders to honour late financial icon, Dr Pascal Dozie, who passed on April 8, aged 85. Born on April 9, 1939, Dozie was a pioneer in Nigeria’s financialContinue Reading
By Taiye Olayemi Guinness Nigeria Plc says it is prioritising increased connection, purpose and impact, especially following the recent change in majority shareholding and as it celebrates its 75th anniversary. Its Managing Director, Mr Girish Sharma, who disclosed the focus in a statement on Tuesday in Lagos,Continue Reading
By Kadiri Abdulrahman Vice-President Kashim Shettima has described the United Bank of Africa (UBA) as a pacesetter in innovation, emerging markets and generational ambition. Shettima said this at a dinner to celebrate 75 years anniversary of UBA on Saturday night in Abuja. According to him, the celebration of an institutionContinue Reading
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
