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FEC Unveils N47.9trn 2025 Budget for Nigeria

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Nigeria’s highest authority making body, the Federal Executive Council (FEC) has proposed the sum of N47.9 trillion for the 2025 fiscal year for submission to the National Assembly on Monday. The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this after the Council meeting chaired by President Bola Tinubu on Thursday at the Presidential […]

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Gwandu Urges African Countries to Unite for 600MHz Mobile Spectrum Allocations

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Former Acting Executive Vice Chairman and CEO, Nigerian Communications Commission (NCC) and former EVC/CEO, National Agency for Science and Engineering Infrastructure (NASENI), Dr. Bashir Gwandu, has urged African countries to unite and work together to secure 600 megahertz (MHz) band mobile spectrum allocations. The independent telecom expert stated this at the just concluded 9th Sub-Sahara […]

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BA Announces Appointment of Henrietta Ugboh As Independent Non-ED; Owanari Duke Retires From Board

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Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director. The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria. UBA’s Group Chairman, Tony Elumelu, CFR commenting on the appointment, said, “Henrietta Ugboh brings a track record of […]

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UBA Opens N239bn Rights Issue For Existing Shareholders

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United Bank for Africa Plc has announced the issuance of 6,839,884,274 ordinary shares of 50 kobo each at N35 per share in a rights issue to raise N239.4bn in a bid to meet the fresh capital requirements of the Central Bank of Nigeria. The rights issue which opened on Friday 15th November, 2024, allows existing […]

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Awele Elumelu Advocates Increased Female Leadership in Insurance Sector

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Chairperson, Heirs Insurance Brokers (a member of Heirs Insurance Group) and Chairperson Avon HMO, Dr. Awele V. Elumelu, OFR, at the recently concluded International Conference for Women in Insurance, , joined other female business leaders in the call for gender parity and more women in leadership in Nigeria’s insurance industry. Held at the Lagos Continental […]

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Makinde: PDP Will Resist All APC’s Plan To Rig Ondo Guber Election

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Governor Seyi Makinde of Oyo State says the Peoples Democratic Party (PDP) will do everything within its power to fix the party and Nigeria. Makinde stated this on Thursday in Abuja at the inauguration of the Board of Governors and the unveiling of the Roadmap for Peoples Democratic Institute (PDI). PDI is the research arm […]