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Business

Home Business Page 50
The emergence of Mauritania’s Tah as AfDB president
Posted inBusiness

The emergence of Mauritania’s Tah as AfDB president

After Sidi Ould Tah of Mauritania was elected as the new President of the African Development Bank Group (AfDB) during its Annual Meetings in Abidjan, Côte d’Ivoire, stakeholders and shareholders…
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Posted by Taiwo Ayomide May 30, 2025
otalEnergies divests a $500 million interest in the Bonga Field to SNEPCo
Posted inBusiness

otalEnergies divests a $500 million interest in the Bonga Field to SNEPCo

Yesterday, TotalEnergies announced that its subsidiary, TotalEnergies EP Nigeria (TEPNG), has entered into an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) to sell its non-operated 12.5% stake…
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Posted by Taiwo Ayomide May 30, 2025
Tinubu’s reforms bold, but brought pains on businesses, citizens — LCCI, Yusuf
Posted inBusiness

Tinubu’s reforms bold, but brought pains on businesses, citizens — LCCI, Yusuf

In a statement yesterday, the Lagos Chamber of Commerce and Industry (LCCI) noted that President Bola Tinubu's administration over the past two years has been marked by courageous macroeconomic reforms…
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Posted by Taiwo Ayomide May 30, 2025
Reps amend MOFI Establishment Act to strengthen mandate
Posted inBusiness

Reps amend MOFI Establishment Act to strengthen mandate

According to the House of Representatives, it was necessary to amend the Ministry of Finance Incorporated (MOFI) so that it could effectively fulfill its responsibilities. This was stated by Rep.…
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Posted by Taiwo Ayomide May 28, 2025
Ogun empowers 65,000 farmers, technicians, and women
Posted inBusiness

Ogun empowers 65,000 farmers, technicians, and women

According to the Ogun State Government, it has provided training and empowerment to technicians, farmers, women, and youths over the past five years via its Ogun State Economic Transformation Project…
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Posted by Taiwo Ayomide May 28, 2025
N10.5M available as Heirs Group launches essay championship entries
Posted inBusiness

N10.5M available as Heirs Group launches essay championship entries

Heirs Insurance Group has launched applications for the fourth annual Essay Championship aimed at Junior Secondary School students across the country. This year’s edition includes N10.5 million prizes for winning…
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Posted by Taiwo Ayomide May 28, 2025
FrieslandCampina WAMCO names Yinka Sanni, former CEO of Stanbic IBTC Holdings, as Chairman
Posted inBusiness

FrieslandCampina WAMCO names Yinka Sanni, former CEO of Stanbic IBTC Holdings, as Chairman

Yinka Sanni, former CEO of Stanbic IBTC Holdings, has been appointed as Chairman by FrieslandCampina WAMCO. This occurred after Mr. Moyo Ajekigbe's retirement, who had chaired the Board from 2010…
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Posted by Taiwo Ayomide May 28, 2025
FG welcomes investment by Silicon Valley Economic Development
Posted inBusiness

FG welcomes investment by Silicon Valley Economic Development

As it hosted a high-level delegation of investors from Vietnam in Abuja, the Federal Government expressed strong support for new international investments being directed into Nigeria through the Silicon Valley…
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Posted by Taiwo Ayomide May 28, 2025
FG: $1.5 billion Lekki Sea Port requires additional dredging
Posted inBusiness

FG: $1.5 billion Lekki Sea Port requires additional dredging

To attract more vessels of larger capacity into the nation’s ports, the Federal Government, at the weekend gave the nod for the maintenance dredging of the $1.5bn Lekki Deep seaport…
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Posted by Taiwo Ayomide May 28, 2025
Capital of AfDB under Adesina’s leadership expands from $93 billion to $318 billion in a decade
Posted inBusiness

Capital of AfDB under Adesina’s leadership expands from $93 billion to $318 billion in a decade

Over the last ten years, the African Development Bank (AfDB) experienced a 241.9% increase in capital growth. This coincides with the institution gearing up for a leadership change this week,…
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Posted by Taiwo Ayomide May 28, 2025

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