Idowu Sowunmi
For the third time in a row, Dangote Group has emerged as the most admired brand of African origin by consumers.
Also, GTBank has emerged as the most admired financial brand in Africa and the United Kingdom's BBC retained its media category ranking as the most admired media brand...
The Central Bank of Nigeria (CBN) for the first time last week sold the pound above N500, as naira continues to battle major headwinds.
On Wednesday, the nation’s apex bank sold a pound for N501.98 and quoted N500.659 as its buying rate.
At the parallel market, the currency is going for...
A pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as the Group Executive Director with effect from August 1.
Okeke has had a distinguished three-decade career at the United Bank for Africa Plc (UBA), where he recently served as an Executive Director in charge of leading...
African Trade Insurance Agency (ATI) has confirmed key senior-level positions that would play an important role in steering critical support to member governments.
The appointments, which were approved by the Board of Directors, included a veteran of the World Bank’s IFC, Manuel Moses, who has been appointed as the new...
By Tobiloba Kolawole
We couldn’t have forgotten so soon how Ebola, Zika, and Severe Acute Respiratory Syndrome (SARS) viruses have in recent years ravaged the world’s social-economic settings.
More than we could ever imagine, with thousands of people dead including many business and institutional deaths, the year 2020 will remain a...
One of Africa’s largest food retailers, Shoprite, has announced plans to exit the Nigerian market after posting continuous losses from its operations in the world's populous Black nation.
Shoprite, in a trading update filed at the Johannesburg Stock Exchange (JSE) on Monday morning, said it was planning to discontinue its...
After spending 16 months reviewing data from various the International Oil Companies (IOCs), Kariya Energy Monday announced its readiness to enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries.
Kariya Energy would pursue profitable small-scale Liquefied Natural Gas (LNG) projects across Africa,...
President Muhammadu Buhari Thursday explained that the recently passed Companies and Allied Matters Act, 2020 (CAMA) in Nigeria will enhance transparency and corporate accountability in the fight against corruption.
President Buhari spoke in a video message presented at the Open Government Partnership (OGP) 2020 Virtual Leaders’ Summit on the sidelines...
Idowu Sowunmi
President Muhammadu Buhari Tuesday said Nigeria would stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank (AfDB).
The President stated this at State House in Abuja, while hosting Adesina on a courtesy visit.
According to him, “In 2015, when you...
Local investors have expressed fear that economic challenge in Nigeria, said to have continued to dampen investment drive and trigger apathy in the Nigerian capital market since the 2016 recession and now fueled by the effect of COVID-19 lockdown may lead to a forceful takeover of investments by foreigners.
The...