NEWSTAGE BUSINESS

Umeoji Zenith Bank’s GMD Highlights Robust Financial Metrics: Says Bank Is Poised To Cross The N1trn Mark Profit In 2024.

by Olusegun Edwards
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Zenith Bank Plc, Nigeria’s leading financial institution, has disclosed to the Capital market community and the Nigerian investing public its inherent values as it embarks on the Central Bank of Nigeria (CBN) new recapitalisation exercise for the banking industry. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, […]

United Capital Asset Unveiles ‘Stable Income Fund’ for High-Value Investors

by Olusegun Edwards
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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 […]

UBA’s GMD Appointed Chairman, CIBN Body of Banks’ CEOs

by Olusegun Edwards
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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 […]

FG Commends NIPR On Historic Initiatives for Public Relations Practice

by Olusegun Edwards
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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 […]

Maida Eyes 25% Telecom Contribution To GDP

by Olusegun Edwards
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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 […]

Ssnwo-Olu Condoles With Zulum, Borno Govt Over Bomb Attacks

by Olusegun Edwards
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Lagos State Governor, Mr. Babajide Sanwo-Olu, has sympathised with the Government and people of Borno State, particularly the Governor Babagana Zulum, on the multiple bomb attacks, which resulted in the death of some people, leaving several others injured in the Gwoza Local Government Area of the State. Governor Sanwo-Olu, in a condolence message issued on […]

Halilu Underscores AMTDI’s Commitment to Advancing Technological Infrastructure, Innovation in Nigeria

by Olusegun Edwards
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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 […]

Cholera Outbreak: Lagos Assembly Seeks Improved Enlightenment Campaign

by Olusegun Edwards
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The Lagos State House of Assembly on Tuesday called on the relevant offices of the government to embark on massive enlightenment of the residents on the best ways to curtail the spread of cholera in the state. This was as the House also called for the activation of some sections of the State health law […]

MWUN President General, Adeyanju Bags Institute of Corporate Administration Award

by Olusegun Edwards
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The President General of the Maritime Workers Union of Nigeria (MWUN), Prince Adewale Adeyanju , on Monday, 10th June, 2024, honoured with the fellowship award of the Institute of Corporate Administration In a letter of award sent to the PG and signed by Dr. Godswill C. Onyekwera, Director,/Chief Learning Officer, the Institute informed him […]

Nnamdi Kanu Embraces Out-of-court Settlement in Lingering Alleged Terrorism Trial

by Olusegun Edwards
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The detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, on Wednesday hinted at exploiting the process of an out-of-court settlement in his alleged treasonable felony trial. Kanu made the disclosure at his resumed trial before Justice Binta Nyako of the Federal High Court in Abuja. The detained IPOB leader has been […]

GTCO Notifies SEC of Plans To Raise Capital Base By Additional N500bn

by Olusegun Edwards
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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 […]

Like China & Japan: NASENI is Pathway to Nigeria’s Industrial Economy

by Olusegun Edwards
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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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