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Companies
NOVA Merchant Bank Records $65.12m FDIs In 2023
NOVA Merchant Bank, a leading merchant bank in Nigeria, recorded $ 65.12 million in Foreign Direct Investments (FDIs) in 2023, a remarkable 76.1 per cent increase over the prior year's figure.
It recorded $36 million in FDIs in 2022.…
Obong Idiong Becomes Heirs Technologies Chief Executive Officer
Heirs Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its Chief Executive Officer.
Idiong brings considerable experience in the technology sector and a visionary approach to this…
Aigboje Aig-Imoukhuede Returns As Access Holdings Chairman
Access Holdings Plc on Wednesday announced the return of Aigboje Aig-Imoukhuede as its Non-Executive Chairman.
Aig-Imoukhuede, replaced Abubakar Jimoh, the erstwhile Chairman of the HoldCo who remains on the Board as an Independent…
UnityBank Partners SkillPaddy To Train 1,000 Female Software Engineers
Nigerian lender, Unity Bank Plc is partnering with SkillPaddy in its “Count Her In” tech Programme focused on empowering no fewer than 1000 female beneficiaries in Software Engineering Training.
The IT skill development and empowerment…
Inflation: Nigerian Breweries Increases Price Of Products For Second Time In Two Months
Nigerian Breweries Plc has announced another increase in the price of its products.
The announcement would make a second upward review of prices in two months after an earlier increase in February.
The new price review will take…
Evercore Says Apple Sell-Off Is Overdone, Sees Strong Support At Current Levels
Apple stock remains one of the very few underperformers among Big Tech companies in 2024, losing roughly 10% year-to-date.
However, Evercore ISI analysts believe the sell-off in the iPhone maker’s shares may be “overdone.”
The broker…
Union Bank Urges Inclusivity, Empowerment At 2024 International Women’s Day Celebration
Union Bank of Nigeria has re-emphasised its advocacy for an equitable and inclusive society devoid of biases, stereotypes, and discrimination.
This assertion was made at a special event hosted by the Bank to commemorate this year’s…
OpenAI’s Success Has Put A Huge Target On Its Back
OpenAI is the world’s hottest startup. It not only set the stage for the generative AI explosion thanks to the launch of its ChatGPT in November 2022, but it’s also powering Microsoft’s (MSFT) push into the space via a multiyear,…
Sterling Bank, EAS Plan Conference To Equip SMEs In Export Business
Sterling Bank Ltd has entered a pact with Export And Sell Nigeria Limited (EAS), a leading international trade consultancy to organise the "Export to Wealth" conference during which they will provide practical tools and resources for…
MTN Nigeria Declares N137bn Loss In 2023 As Naira Devaluation Bites
MTN Nigeria Communications Plc has announced a N137 billion loss in its audited result and accounts for the period ended December 31, 2023, from N348.73 billion profit declared in 2022, attributable to the naira devaluation policy of the…