United Capital Launches New Subsidiary, UCEE Microfinance Bank …..Appoints Esther Adeola-Balogun As Managing Director/CEO

United Capital Group, a Pan-African investment management and financial services group has announced the official launch of its newest subsidiary, UCEE Microfinance Bank, at a ceremony held at the Bank House in Marina, Lagos. The event was attended by the Chairman of Heirs Holdings Group, Tony O. Elumelu, alongside other […]

NIBSS celebrates milestones, promises inclusive payment system

The Nigeria Inter-Bank Settlement System Plc (NIBSS) at its 30th Annual General Meeting (AGM) promised to leverage emerging technologies and deepen partnerships to ensure seamless and inclusive payment for all Nigerians. The AGM marked a significant milestone in the history of NIBSS, as it celebrated three decades of advancing Nigeria’s […]

Telecom Operators Call for Government Intervention Amid Rising Sector Challenges

Telecom operators have called on the Nigerian government to take urgent steps to support the telecommunications industry, which has been under increasing distress.   The operators at a stakeholders conference themed ‘Telecoms Industry 2.0: The Next Investment Frontier in Nigeria’ raised concerns about the growing challenges facing the sector.   […]

$1 trillion economy: SEC reiterates commitment to attract new listings

The new management of the Securities and Exchange Commission (SEC) has rolled out new initiatives to drive activities in Nigeria’s capital market to align with the Federal Government one trillion dollar economy target. The SEC Director-General, Dr Emomotimi Agama, said this at his first post-Capital Market Committee (CMC) press briefing […]

MTN Nigeria Becomes First African Telco in PMI Global Executive Council

MTN Nigeria has become the first African telecommunications company to join the Project Management Institute (PMI) Global Executive Council.   According to a statement by the company the achievement highlights the company’s commitment to excellence in project management and its dedication to implementing best practices.   The announcement was celebrated […]

OPEC Says Dangote Refinery’s Diesel, Jet Fuel Supplies To Disrupt Europe’s Oil & Gas Industry

The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil.   OPEC in its newly released monthly Oil Market Report for June 2024 listed Dangote Refinery […]