A Nigerian Federal High Court, sitting in Abuja has granted an application by a Nigerian, Mr Chianugo Peter, to amend his originating processes filed to seek $150 million in compensation from Google and GoDaddy.com. Justice Obiora Egwuatu granted the application after lawyer to Google LLC, Oluwaseyi Ogundiran of Aluko & Oyebode Law Firm, did not […]
Read More
Ecobank Nigeria Limited, a subsidiary of the Ecobank Group, has entered a strategic partnership with the Nigeria Chess Federation (NCF) to host the 2024 National Schools’ Team Chess Competition. Ecobank in a statement said the competition is scheduled to hold between in May 2024, is open to students from primary, Secondary and Tertiary education level […]
Read More
With an excess of N2 trillion shareholders fund, the management of Africa’s global bank, the United Bank for Africa (UBA) has stated that in due course, it plans to raise fresh capital in line with the Central Bank of Nigeria directives. The Group Managing Director & Chief Executive Officer of UBA, Oliver Alawuba, reiterated this […]
Read More
The Chairman of the Isale Eko Descendants Union, IDU, Mr Adeniji Kazeem SAN has commiserated with the Lagos State Governor, Mr Babajide Sanwo-Olu, the good people of Lagos Island and all affected by the calamity on the damage, massive loss of personal property and buildings of ordinary citizens following the devastating fire incident that struck […]
Read More
Nigeria’s major financial institution, Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time since 2019. The bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 31st Annual Best Bank […]
Read More
Access Bank Plc has entered an agreement with the Kenyan-based KCB Group Plc (“KCB”) for the acquisition of the entire issued share capital of National Bank of Kenya Limited. The move is part of the vision of the late co-founder and former Group Chief Executive Officer, Herbert Wigwe. KBC is the holding company of KCB […]
Read More
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, will announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme. The announcement will be made on March 22, 2024. The new beneficiaries will become the 10th cohort of the 10-year-long TEF Entrepreneurship Programme. The Tony Elumelu Foundation has […]
Read More
The Central Bank of Nigeria has disclosed that it has successfully cleared all valid foreign exchange backlogs, effectively eliminating a legacy burden. This accomplishment fulfils a commitment made by CBN Governor, Mr Olayemi Cardoso, who vowed to address an inherited backlog of $7bn in claims. The announcement was made by the bank’s Acting Director of […]
Read More
Heirs Holdings has launched its irst-ever television commercial. The newly released television commercial (TVC) showcases the company’s diverse portfolio, spanning the power, energy, financial services, hospitality, real estate, healthcare and technology sectors while highlighting its commitment to driving positive change and sustainable development across Africa and beyond. With its compelling narrative, the commercial is […]
Read More
Nigeria’s major financial institution, Zenith Bank Plc, on Tuesday,19th March, 2023 named Dr Adaora Umeoji as its Group Managing Director/Chief Executive Officer (CEO), effective June 1. This was disclosed in a notification sent to the Nigerian Exchange Ltd. (NGX) by the bank’s Company Secretary, Mr Michael Otu. Otu said that the appointment was subject to […]
Read More
Heirs Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its Chief Executive Officer. Idiong brings considerable experience in the technology sector and a visionary approach to this role. Prior to joining Heirs Technologies, he served as the MD/CEO at Africa Prudential Plc, where he spearheaded the digital transformation of […]
Read More
REDTV, United Bank for Africa’s Lifestyle and Entertainment channel, proudly announces the highly-anticipated launch of the second season of its hit show – ‘When are we getting married’. The captivating series, renowned for its unique blend of romance, humour, and real-life relationship dynamics, promises its teeming viewers an even more engaging and thrilling experience in […]
Read More
