United Capital Asset Management has launched the United Capital Stable Income Fund, a new mutual fund designed for high-value investors seeking stable returns with low risk. The fund invests in a diversified portfolio of money market and fixed-income securities, aiming to provide stable returns over a medium to long-term period while preserving capital. With a […]
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The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs. The CIBN announced this appointment on its website on Monday, July 8, 2024. This prestigious appointment underscores Alawuba’s extensive experience and visionary […]
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The regulatory body of Public Relations practice in Nigeria, the Nigerian Institute of Public Relations (NIPR), has received the commendation of the federal government for its various initiatives, which has contributed to the overall development of the country in the area of communication and information technology management. The Minister of Information and National Orientation, Mohammed […]
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The executive vice chairman of the Nigerian Communications Commission (NCC) Dr. Aminu Maida, has said, the commission and the ministry of Communications, Innovation, and Digital Economy are working on the appropriate policies to encourage the telecom sector’s contribution to reach 25 per cent. Maida, who disclosed this, over the weekend in Lagos, during a reception […]
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The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr Khalil Suleiman Halilu has conducted an inspection visit to the Advanced Manufacturing Technology Development Institute (AMTDI), an institute under NASENI, in Jalingo, Taraba State. The visit was to underscore NASENI’s commitment to advancing technological infrastructure and fostering innovation in Nigeria […]
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Guaranty Trust Holding Company Plc (GTCO) has filed a preliminary “red herring” prospectus with the Securities and Exchange Commission (SEC) to raise a proposed offering of N500 billion gross proceed. This was disclosed in a notice sent by the holdings to SEC on Thursday in Lagos on 13th June, 2024. The notice said the prospectus […]
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By Olusegun S. Ayeoyenikan, Director Information, National Agency for Science and Engineering Infrastructure (NASENI) Headquarters, Abuja. Nigeria cannot have real development without a sustainable industrial growth and manufacturing capacity which is the solution to poverty, unemployment and insecurity. No doubt having an industrial goods production base and or a competitive industrial economy is the only […]
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The Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has assured the House of Representatives Committee on NASENI that the Agency’s branded commercial products that have been unveiled are market ready and SON certified. Mr. Halilu disclosed this on Thursday in Abuja when the House Committee […]
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At the Africa Hospitality Investment Forum (AHIF), scheduled place in Namibia in June, Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), and Managing Director and CEO, Transcorp Hotels Plc Dupe Olusola, will both receive awards recognising their professional accomplishments. Alain will receive the Outstanding Contribution Award and Dupe the Leadership Award. […]
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Fidelity Bank Plc said it has concluded plans to raise N127.1 billion by way of rights issue to existing shareholders and a public offer, which is a combined subscription. The bank said this in a statement made available to newsmen on Wednesday 5th June, 2024 in Lagos. It said that the combined offer was part […]
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In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled by rapidly expanding internet access and steady broadband penetration, currently about 43 per cent. Our digital economy is poised for significant growth, positively impacting various sectors and benefiting the nation through enhanced connectivity and […]
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The Central Bank of Nigeria (CBN) has cited failure of the board of directors of Heritage Bank to improve its financial performance as the reason for the revocation of the bank’s operating licence. Consequently, the Nigeria Deposit Insurance Corporation, NDIC, has also commenced liquidation process of the bank, assuring that it will pay the insured […]
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