Seplat Energy Plc has said that the gas resources in Nigeria and other African countries can drive significant developmental gains with minimal impacts on emission. According to the leading energy company, gas is the immediate solution to many immediate problems in Africa; thus, there is a compelling development case […]
Category: Corporate Stories
Corporate Stories
Air Peace’s Growth Proves Nigeria’s Potential in Global Aviation, says Festus Keyamo
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN), has said Air Peace’s strong performance in the aviation industry is a testament to Nigeria’s global aviation potential. The minister made this disclosure at the 10th-anniversary celebration of Air Peace held at the Eko Hotels and Suites in […]
FBN Holdings targets N730bn capital base by Q1, 25
The Group Managing Director, FBN Holdings Plc, Mr Nnamdi Okonkwo, has assured its shareholders that the company will attain a N730 billion capital base by the first quarter of 2025. Okonkwo gave the assurance at the the Group’s ‘Facts Behind the Rights Issue” presentation at the Nigerian Exchange in […]
SEC, NGX, JSE Strengthen Ties To Boost African Capital Markets
The Nigerian Securities and Exchange Commission (SEC), the Nigerian Exchange Group (NGX), and the Johannesburg Stock Exchange (JSE) have formed a strategic partnership focused on governance, market development, and sustainability initiatives. In a statement shared with Business Nexus, it was announced that a delegation from NGX Group Plc, led […]
Access Bank’s Contributions in Africa’s Transition to a Low Carbon Economy
Africa is facing a growing challenge of managing its waste and natural resources in a sustainable way. The current traditional linear economic model, characterized by a “take, make, dispose” pattern that is extracting, consuming, and disposing of materials, is inefficient, wasteful, and harmful to the environment and human health. According […]
SEC Grants Two Digital Exchanges ‘Approval-in-Principle’
The Securities and Exchange Commission has granted two Digital Assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated Regulatory Incubation Program, ARIP. The companies granted approval are Busha Digital Limited, Quidax Technologies Limited. Disclosing this in a statement in Abuja Thursday, the Commission said the cohort comprises of two Digital Asset Exchanges, four Digital asset Offering Platforms and […]
Heirs Holdings Reinstates Commitment to African Economic Growth
Heirs Holdings has reaffirmed its commitment to fostering economic growth in Nigeria and across Africa. Speaking at the 14th anniversary Media Parley held in Lagos, Group Chairman of Heirs Holdings, Tony Elumelu, highlighted the company’s dedication to long-term investment in Africa’s strategic sectors. “In 2010, we embarked on […]
Executive order on pharmaceutical imports to improve healthcare access-CPPE
The Centre for the Promotion of Private Enterprise [CPPE] has said that an executive order removing duties on pharmaceutical imports will improve access to healthcare and impact positively on the well-being of citizens. Director/ CEO of CPPE, Dr. Muda Yusuf who stated this in a statement made available to Nairametrics […]
Non-monetary factors undermine MPR’s impact on Nigeria’s inflation- Financial experts
Some financial experts have indicated that the heavy reliance on the Monetary Policy Rate (MPR) to control inflation appears to be ineffective, considering the significant non-monetary factors contributing to inflation in Nigeria. The expert stated this in an exclusive chat with Business Nexus while reacting CBN’s increase of interest […]