Coronation Insurance Plc celebrated a remarkable financial turnaround at its 66th Annual General Meeting (AGM) in Lagos, announcing a profit before tax of ₦2.2 billion for the financial year ending 31st December 2023. This milestone represents a significant recovery from the ₦1.8 billion loss recorded in 2022, a testament to […]
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Experts Advocate Green Building For Sustainable Financing
Industry professionals in the building and construction sectors have been called to adopt green building practices as a means to secure sustainable financing for large-scale projects. This was the key takeaway from experts who spoke at the Ecobank Design and Build Expo in Lagos last week. Green building, […]
Boeing Group Restates Commitment To Growth of Air Peace Limited
The Boeing Company, a leading global aerospace company in the US, has restated its unalloyed support to Air Peace, Nigeria’s premier airline and West Africa’s largest carrier. This is a testament to the critical role Air Peace plays in the development of aviation industry in Nigeria. Harry Magui, Senior […]
Holcim Exits Nigerian Market After 65 Years, Sells Lafarge Africa to Huaxin Cement for $1bn
Cement maker Holcim has announced the $1 billion sale of its 83.8% stake in Lafarge Africa to China’s Huaxin Cement. After roughly 65 years of operations in Nigeria, Swiss cement and other building materials’ maker, Holcim, on Sunday announced that it was set to leave the country. The […]
Alumni association offers Madonna varsity graduates lifelong support
Madonna University Alumni Association has charged the newest graduates of the university to leverage their education to drive positive change in Nigeria and beyond. The President of the association, Mr. Peter Nwachukwu, gave the charge in a statement made available to newsmen on Saturday in Lagos. Nwachukwu described the graduates […]
Fintech: No Investor Will Lose Their Funds, SEC Assures
The Securities and Exchange Commission has restated its commitment to investors’ protection, especially with the increasing use of Fintech. Speaking at the one day capacity training for financial journalists in Abuja, the Director General of the SEC, Dr. Emomotimi Agama, said the Commission will enforce regulations in the fintech ecosystem […]
Ngozi Okonjo-Iweala Reappointed As WTO Chief
The World Trade Organization (WTO) has reappointed Ngozi Okonjo-Iweala for a second term as Director-General during a special meeting held on Friday. Okonjo-Iweala, who made history in 2021 as the WTO’s first female and first African leader, will serve another term as the organization prepares to navigate an era […]
Waste managers task residents on waste-to-wealth initiative
The Association of Waste Managers of Nigeria (AWAMN) has called on Nigerians to consider earning money from the waste they generate. AWAMN President, Mr Olugbenga Adebola, made the call on Thursday in Lagos during the unveiling of the association’s upcoming conference, with the theme: `Redefining Integrated Waste Management In […]
AP Strengthens Partnership With Lubricant Distributors For Strong Performance
Ardova Plc, a leading indigenous integrated energy company in Nigeria, has set a new benchmark in the lubricants market with the unveiling of its state-of-the-art lubricant oil blending plant (LOBP). With a production capacity of 150 million litres per annum and a storage capacity of 14 million litres, the new […]
Nigerian Bags Peace Award, Advocates Bold Fiscal Reforms
A Nigerian, Peter Nwachukwu, has bagged Peace Achievers Award in financial management and an honorary doctorate in leadership and financial Management from the American Management University. Nwachukwu, also President, Madonna University Alumni Association, made this known via a statement on Tuesday in Lagos. He called for bold fiscal reforms aimed […]