FCMB Limited has set the stage for a significant financial move by opening its Series 1 and 2 commercial paper for public subscription. The primary objective behind this initiative is to secure a substantial funding amount of N70 billion from the capital market. This move falls under the umbrella of FCMB’s ambitious N100 billion commercial
In a bustling hall filled with industry professionals, Karl Hala, the eloquent group general manager of Continental Hotels Group, stood at the podium. His words echoed through the room, emphasizing a key point that seemed to resonate with many attendees: the untapped potential of Nigeria’s youth in the hospitality sector. “The youth are Nigeria’s untapped
Amid the ongoing conflict in the Gaza Strip, U.S. Special Envoy, Steve Witkoff, has put forth a new and detailed proposal for a 60-day ceasefire plan. The heart of this proposal revolves around the release of 10 hostages currently held captive in the region. According to reports from Israeli media outlets, the proposal outlines a
In the bustling landscape of Nigeria’s financial market, the insurance sector stands out as a vital player in safeguarding individuals and businesses against unforeseen risks. Among the notable contenders in this arena are AIICO and NEM, two major players vying for investor attention and trust. AIICO, short for American International Insurance Company, boasts a rich
Banking staff writer 30 May 2025 In a strategic move to redefine its operations, banking group Absa has unveiled significant changes in its retail and business banking segment. The restructuring includes the formation of a new leadership team and operating model set to be implemented in the coming month. The traditional structure of Absa’s everyday
In a groundbreaking move to enhance the quality of educational materials available in Nigeria, the School and Office Expo (SCOFEX) has made its debut in the country, attracting global stationery brands and industry leaders. The event, organized by Tecburg Private Limited, has been successfully held in several African nations and now sets its sights on
Transitioning from fossil fuels to renewable energy sources has not only reshaped global job markets but also opened up a world of opportunities for skilled workers, including Nigerians seeking employment in the clean energy sector. While the United States has seen significant growth in clean energy jobs, other countries are also making substantial investments in
Shafa Energy, a leading player in Nigeria’s sustainable energy sector, has made a groundbreaking move by launching its Compressed Natural Gas (CNG) division. The inauguration of the first CNG station in Sabon Lugbe, Abuja, signifies a crucial shift towards cleaner and more cost-effective energy solutions in the country. Yakubu A. Maishanu, Executive Chairman and CEO
The sun beat down on the vibrant streets of Bamako, Mali as the Treasury officials secured a significant financial boost on May 28, 2025. The General Directorate of the Treasury and Public Accounting successfully garnered a staggering amount of 38.194 billion FCFA (equivalent to around 65 million US dollars) from investors participating in the West
In a significant move to enhance its local footprint, Banque Atlantique Togo, a subsidiary of the pan-African group Banque Centrale Populaire (BCP), has announced the reopening of its branch in Dapaong. The new location is now situated in the Dapaong-Kpégui neighborhood, along the old German road. This relocation is part of Banque Atlantique’s program to