Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, or 0.09 per cent rising from N62.257 trillion at the opening to N62.310 trillion at the close. Similarly, the All-Share Index…
JMG Limited Brings Succor to Less-Privileged, Donates Food Items to Orphanages JMG Limited, a leading provider of electro-mechanical solutions in Nigeria, recently extended its act of kindness to children in orphanages in Lagos by donating food items and supplies to them as part of its corporate social responsibility (CSR) initiative. JMG staff members at the donation of food items and other essentials to officials of Compassionate Orphanage The foremost company with efficient and reliable solutions for homes and businesses demonstrated that g…
Nigeria's Telecommunications Sector Poised for Innovation and Growth From Left: Executive Vice Chairman/CEO, Federal Competition and Consumer Protection Commission, Dr. Tunji Bello and Executive Vice Chairman/CEO, Nigerian Communications Commission, Dr. Aminu Maida, during the Memorandum of Understanding (MoU) signing ceremony between the two regulatory agencies for increased telecom consumer protection in Abuja on Tuesday, January 14, 2025. A landmark partnership is set to revolutionize Nigeria's telecommunications sector, drivi…
Anambra Executive Council Re-Commits To State Development At 2025 Retreat The just-concluded retreat by the Anambra State Executive Council (ANSEC) has re-energized to consolidate the monumental achievements of Governor Charles Soludo's administration. The retreat, themed "Changing Gear—Accelerating the Execution of the Solution Agenda in 2025," brought together members of ANSEC, Mayors of the 21 Local Government Areas, and other key stakeholders on January 13, 2025, at the International Convention Centre, Awka, Anambra State. I…
Soludo Condoles Victims of Nnewi Spare Parts Market Fire In a sympathetic mood, Governor Charles Chukwuma Soludo of Anambra State on Tuesday, consoles victims of the midnight fire incident that occurred at Ahịa Mgbede, opposite the New Motor Spare Parts Market in Nnewi. The Governor was saddened about the tragic occurrence that resulted in substantial loss of property and source of income for the entrepreneurs in the market, a terrible situation in the country's present economic climate. According to the Governor's Chief Press Secretar…
Soludo Congratulates Pioneer MD, SEDC, Okoye, on Confirmation by Senate Governor Charles Soludo of Anambra State congratulates the pioneer Managing Director of the South East Development Commission (SEDC), Mr. Mark Okoye, as he gets confirmation on his appointment by the Senate. Soludo commended President Bola Tinubu for Okoye's appointment and expressed confidence that Okoye's role as MD of SEDC will significantly benefit the entire Southeast region. In a statement from the governor's Chief Press Secretary, Christian Aburime, Solu…
FIRSTBANK CLARIFIES MISLEADING REPORTS, REASSURES CUSTOMERS OF GOLD STANDARD BANKING SERVICES Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not be able to offer comments on issues which are pending for determination by the courts, as such issues are sub-judice. …
Fraud at Brila FM: Another Suspect Babafemi Raji aka Topmost Striker, Arrested. The last has not been heard about the bursted Multi-Million Naira scam involving some ex-staffers of the Brila media group. It has been reliably confirmed that Mr. Babafemi Raji aka Topmost Striker, a former staff of Brila Media group, was last week arrested by the operatives of the Federal Intelligence Department, Force Headquarters, Lagos. According to a source in the know, the arrest of Babafemi Raji is not unconnected with the over N150,000,000(One Hundred and …
DG Nigeria-China Strategic Partnership, Joseph Tegbe Visits China To Deepen Economic Cooperation and Sustainable Development. The Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr Joseph Tegbe, is currently visiting China to bolster China-Nigeria relations and foster economic and sustainable development between both countries,in line with President Bola Ahmed Tinubu's renewed Hope agenda. The Partnership DG, with the Nigerian delegation, on Monday was at the headquarters of the National Development and Reform Commissi…
Stanbic IBTC Pension Managers re-introduces self-service channels, an innovative way for customers to serve themselves Stanbic IBTC Pension Managers, a leading pension fund administration firm in Nigeria and a subsidiary of Stanbic IBTC Holdings PLC, has reaffirmed its commitment to enhancing customer experience by providing innovative solutions through the self-service channels. This is to ensure that customers get the support they need quickly. These self-service options aim to streamline processes and provide easy access to pension manageme…
NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. Theses are against 103,586.33 and 63.166 trillion posted last week. Consequently, equity investors gained a total of N1.137 trillion for the week under review. Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Bank Value, NGX AFR Div Yield, NGX MERI Value, NGX Consu…
Exclusive: Dealing with Assad’s toxic legacy, one secret chemical lab at a time People in the Jaramana suburb of Damascus always thought something strange was happening at the nearby state security facility. Walled off and heavily guarded, the government compound was off limits to anyone but the regime forces. So when Islamist rebels toppled Syria’s dictator Bashar al-Assad in December, locals rushed to see the site for themselves. Inside, they found what appears to be a secret laboratory full of potentially toxic substances that could be used…
Soludo Named Sun Man of The Year, His Achievements in Anambra lauded Governor Charles Chukwuma Soludo of Anambra State has emerged as The Sun Newspaper 'Man of the Year 2024' in recognition of his excellent performance in governance with laudable achievements in his infrastructural and transformational advancement of the state, within a short period of his administration. Soludo will receive the prestigious award on March 1, 2025, at the award ceremony in Lagos. The award underscores Governor Soludo's numerous achievements and his…
You Are A Cheap Opportunist Exploiting Anambra Security Discourse - Soludo's Man Chastise Ozigbo The fray of negative conversation about Anambra by the Labour Party gubernatorial aspirant, Mr. Valentine Ozigbo, in a bid to run down the state's government has been condemned and seen as a desperate act for him to become the governor of Anambra state. According to Christian Aburime, the Chief Press Secretary to the Anambra State Government, Ozigbo's only path to attaining his ambition is through malicious condemnations rather than art…
Soludo Calls Nigerian Church to Societal Redemption Governor Charles Soludo of Anambra State has urged leaders of the Church of Nigeria's Anglican Communion to reclaim their role as a moral compass in society. Soludo made this assertion at the annual retreat of over 170 Bishops in Awka this week, where he stressed the moral decadence in Nigerian society, a worrisome situation, especially among youths in pursuit of wealth. In a release from Soludo's Chief Press Secretary, Christian Aburime, the governor pointed out that the "get-…
EXPANDING FOOTPRINT - NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities. More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria Limited is looking to expand into several other countries, including Ethiopia, Angola and Cameroon. “There are a number of large economies with…
Fidelity Bank Supports Improved Maternal Health in Lagos Leading Financial Institution, Fidelity Bank Plc, has donated maternity kits to 30 pregnant women at Mushin Primary Health Centre (PHC), Lagos. The donation, organized by the Great Minds Inductees Class, was made possible through the Fidelity Helping Hands Program (FHHP), a Corporate Social Responsibility (CSR) initiative by Fidelity Bank Plc aimed at promoting staff involvement in community development. Through the FHHP, staff across the bank's business locations identify projects t…
GTCO PLC Announces Successful Completion of the 1st Phase of Its Equity Capital Raise Programme; Raises ₦209 Billion [Lagos, Nigeria – January 6, 2025] Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC).…
Portugal Football Club Signs on 19-Year-Old Nigerian- born Footballer, Yaqub Usman-Malah Brito Sporting Club of Portugal, a football club founded in 1956, has signed an official contract with a United Kingdom-based highly-talented, young Nigeria-born footballer, Yaqub Usman-Malah. The official unveiling of the young promising footballer was carried out on Saturday, January 4, 2025. L-R: President, Brito Sport Club, Jose de Castro Dias and Nigerian-born young footballer, Yaqub Usman-Malah during the official contact signing in Portugal recently…
Governor Soludo's Stance on Nnamdi Kanu's Release In setting the record straight, Governor Charles Soludo of Anambra State has affirmed that the misinformation on his reluctance to support the release of Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB) was wrongly orchestrated. These erroneous views about Governor Soludo on Kanu's release from detention are perceived to have been peddled by desperate opposition politicians intimidated by Soludo's impressive achievements in his infrastructural and transformation…
2025 PR Monitoring & Measurement Outlook: Local and Global Perspectives Welcome to my first LinkedIn Newsletter in 2025, where I share insights as a public relations measurement professional with more than a decade of experience shaping conversations in Nigeria and globally. As we step into 2025, the world of PR monitoring and measurement is undergoing a significant transformation. This year, we anticipate trends that will reshape how brands, PR agencies, and independent measurement consultancies collaborate, ensuring transparency, unbiase…
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