AVPA, Sterling One Foundation Announce Call for Applications for the Africa Social Impact Summit 2023 Deal Room The Sterling One Foundation and the African Venture Philanthropy Alliance have announced the upcoming ASIS 2023 Deal Room, which will take place on August 11, 2023, in Lagos, Nigeria, to connect social impact enterprises with potential investors for funding opportunities. The deal room, managed by the African Venture Philanthropy Alliance (AVPA) alongside other technical partners, presents a unique opportunity for SMEs working tow…
Investors harvest 140% return from Dangote Cement by Godfrey Obioma Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive. In response to the economic headwinds which erode working capital, many companies are ploughing back a larger portion of their profit, resulting in a slide in dividends to shareholders. But Dangote Cement maintained its divid…
At Polaris Bank, we are Positioning for Digital leadership and Market Dominance, Says CEO, Adekunle Sonola Leading digital financial institution, Polaris Bank has assured its customers, financial sector stakeholders, and regulators that the Bank passed its road to recovery years back. Chief Executive Officer (CEO), of the financial institution, Adekunle Sonola, stated this in a recent interview, with PROSHAREs team of analysts noting that the Bank is currently on the growth path leading to market dominance. According to him, careful rethinki…
NESTLE NIGERIA, LBS SUSTAINABILITY CENTRE OPEN APPLICATION FOR 2023 PROGRAMME TO EQUIP JOURNALISTS FOR NUTRITION, HEALTH AND ENVIRONMENT REPORTAGE Nestle Nigeria and Lagos Business School Sustainability Centre (LBSSC) have announced the opening of applications for the 2023 Edition of the specialised programme series for Journalists named ‘Nestlé Advancing Nutrition, Health and Environmental Awareness through the Media’. Since its inception in 2019, the initiative has equipped over 200 journalists to carry out fact-based reporting on nutrition,…
Union Bank's αlpher Partners with Chrystallis Conversations to Promote Women Empowerment From L-R: Nkiru Ozili, Corporate Citizenship Specialist, Union Bank; Kemi Ogunleye, Host & Founder Chrystallis Conversations; Jennifer Ugboh, Lead, External Communication, Union Bank; and Alvin Agorom, Head, Strategic Brand Management, Union Bank during the inaugural Chrystallis Live Event held recently in Lagos. In line with its commitment to sustainable development and enabling success for women, Union Bank of Nigeria, through its women-focused…
Stanbic IBTC Celebrates Children’s Day, Reiterates Commitment to the Wellbeing of the Nigerian Child Stanbic IBTC Holdings, a member of Standard Bank Group, has joined the rest of the nation to celebrate this year’s Children's Day and reaffirm its unwavering commitment to the upliftment and empowerment of the Nigerian child. During its Blue Kids event, held recently to commemorate the 2023 Children's Day, Stanbic IBTC strongly emphasized promoting financial literacy among children. Amidst pomp and pageantry, the Blue Kids' even…
Wema Bank Employees Donate chairs, tables to Isale Eko Grammar School Wema Bank, Nigeria’s leading financial institution known for its dedication to social responsibility, marked a momentous occasion today as it made a substantial donation of chairs and tables to Isalẹ Eko Grammar School. This heartfelt gesture, a testament to Wema Bank's unwavering commitment to community development, was made possible through its Corporate Social Investment (CSI) initiative, the "Salary for Love" campaign. During this remarkable endeavor, We…
Nestlé MILO Basketball Championship 2023: FCT, Niger Shine in Central Conference It is a dream come true for coach Emmanuel Biodun Tanko, head coach of Father O’Connell Science College, Minna, Niger State, as his team defeated their counterparts from Government Secondary School, Karu, FCT in the final of the boys’category in the just concluded Central Conference of the MILO Basketball Championship. Picture 1: Funmilola Oyewole – Category Development Manager Beverages at Nestlé Nigeria PLC delivering the welcome address during the final…
Stanbic IBTC Set To Hold 6th Edition of Youth Leadership Series Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced that the 6th edition of its annual Youth Leadership Series (YLS) will hold on 6 April 2023. The theme for this year's edition is "Winning in Career and Business. YLS is a flagship initiative of Stanbic IBTC designed to foster leadership skills and inspire young people to impact their communities positively. The programme empowers youths to learn, network, and develop the skills necessary to thriv…
Nestlé Sustainability Training for Kids enters its third season Picture: Sustainability Training 2 – Cross section of pupils from Gadonasko Science Primary School and Dobi Primary School, both in Gwagwalada Abuja, at Ecobarter - a sustainable waste management and solutions company in Abuja on an excursion for further exposure on recycling, upcycling and more practical sessions. Picture: Sustainability Training – (L to R) David Solarin, Director, Water Regulatory Enforcement and Advocacy, Ogun State Ministry of Environment ; Jokotade Agb…
N4.1bn Debt: Court Hears Ecobank’s Bankruptcy Suit Against Otudeko July 4 Debt: Court Hears Ecobank’s Bankruptcy Suit Against Otudeko July 4 The Federal High Court in Lagos has adjourned further proceedings until July 4 in the bankruptcy suit filed by Ecobank Nigeria Limited to recover an alleged debt of N4.1bn from the Chairman of Honeywell Group, Dr Oba Otudeko. The case was adjourned on Tuesday at the instance of the court based on heavy workload. However, Ecobank’s counsel, Mr Kunle Ogunba, SAN, expressed reservation on the adjournme…
ACCESS BANK GETS APPROVAL TO ACQUIRE ZAMNIA’S AFRICAN BANKING CORPORATION Access Holdings, the parent company of Access Bank Plc, says its Zambian subsidiary, Access Bank Zambia Limited, has secured approval of the country’s central bank for the acquisition of African Banking Corporation Zambia Limited. Sunday Ekwochi, the company secretary who announced the development on a statement on Friday, said the acquisition is to be completed in the third quarter of 2023. “Further to its announcement on October 25, 2021, Access Holdings Plc (Access H…
FG Sells N2.5bn NITEL Property To Lagos The National Council on Privatisation (NCP) has approved the sale of a NITEL/MTEL property located at No 3-5, Moloney Street, Tafawa Balewa Square, Onikan, Lagos, to the Lagos State Government. A statement by the Bureau of Public Enterprises (BPE) on Friday said the property was one of those listed for sale by the liquidator of NITEL/MTEL Non-Core assets at the cost of N2.5 billion. Meanwhile, the property is presently encumbered by the activities of illegal occupants and the Lagos State Government has p…
Fidelity Bank rated best bank for New Naira payment [see video attached]
Shobanjo, Ahmad, Awosika, Babaeko, Others Stimulate Conversation at AT3 Resources’ One-Week Digital Marketing Bootcamp for SMEs L-R: Dr. Biodun Shobanjo, Chairman Troyka group; Tosin Adefeko MD, AT3 Resources and Ugochukwu Obi-Chukwu, Founder, Nairametrics at the AT3 Resources Digital Marketing Bootcamp for SMEs organised by AT3 Resources to celebrate her 5th year Anniversary in Lagos, Nigeria. Lagos, Nigeria – 23th January 2023: AT3 Resources, Lagos-based communication and events consultancy on Friday 20th, January concluded its week-l…
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