Business
Mobihealth Telehealth now live on Airtel App, bringing access to healthcare to Nigerians
March 15, 2025
Mobihealth Telehealth now live on Airtel App, bringing access to healthcare to Nigerians
Millions of Airtel subscribers across Nigeria and Africa can now access quality healthcare anytime, anywhere, as Mobihealth International’s telehealth app goes live on the Airtel network. The partnership aims to expand affordable digital healthcare by enabling users to connect with licensed doctors and healthcare professionals 24/7 through video consultations. Airtel subscribers can now seamlessly access Mobihealth’s services, including remote medical…
SEC revokes Mainland Trust Limited’s registration
March 15, 2025
SEC revokes Mainland Trust Limited’s registration
The Securities and Exchange Commission (SEC) has revoked the registration of Mainland Trust Limited as a capital market operator, citing regulatory non-compliance and unresolved complaints against the company. The decision, which takes immediate effect, was made under Section 38 (4) of the Investments and Securities Act, 2007, and Rule 34 (1) (e) of the SEC Consolidated Rules and Regulations 2013.…
Seplat Energy launches $650m senior notes due 2030
March 14, 2025
Seplat Energy launches $650m senior notes due 2030
Seplat Energy Plc has revealed the launch of $650 million in Senior Notes due 2030, intended to refinance and repurchase existing notes maturing in April 2026. This information was announced by the group on the Nigerian Exchange Limited (NGX) on March 14th, 2025, and signed by Chief Financial Officer Eleanor Adaralegbe. According to the company, it will issue 9.125% senior…
CBN raises concerns over illicit transactions, uncovers N2.3m
March 14, 2025
CBN raises concerns over illicit transactions, uncovers N2.3m
The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system. CBN Governor, Olayemi Cardoso, disclosed this on Thursday at the Bank’s Security Workshop in Abuja, where security and law enforcement agencies gathered to address the issue. He revealed that recent mystery…
GTCO withdraws cyberstalking charges against four journalists
March 13, 2025
GTCO withdraws cyberstalking charges against four journalists
After spending six months in the custody of the Nigeria Correctional Service, four journalists accused of cyberstalking Guaranty Trust Holding Company (GTCO), its CEO, Segun Agbaje and management have regained their freedom. This follows the withdrawal of criminal charges against them by the bank after reaching a settlement. With the agreement in place, the trial court struck out the case.…
BREAKING: Customs intercepts over $1.1m, SR135, 900 undeclared foreign currency at Kano International Airport
March 13, 2025
BREAKING: Customs intercepts over $1.1m, SR135, 900 undeclared foreign currency at Kano International Airport
The Nigeria Customs Service (NCS) on Thursday said it has intercepted a total of $1,154,900 and SR135,900 undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA). The Assistant Comptroller of Customs, National Public Relations Officer, NCS, Abdullahi Maiwada in a statement said the seizure was made recently during a routine baggage check on an inbound passenger, Hauwa Ibrahim…
Access Bank champions stronger alliances to propel intra-Africa trade
March 13, 2025
Access Bank champions stronger alliances to propel intra-Africa trade
Access Bank Plc has convened leading policymakers, business executives, and industry stakeholders in Cape Town for the maiden Africa Trade Conference, a platform dedicated to unlocking the continent’s vast trade potential. The conference serves as a strategic response to the shifting global trade landscape, emphasising Africa’s need to build resilient economies through deeper regional collaboration and enhanced financial and trade…
CERAWeek: NNPCL urges global investors to direct investment to Nigerian oil & gas sector
March 12, 2025
CERAWeek: NNPCL urges global investors to direct investment to Nigerian oil & gas sector
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the investment-friendly policies of the President Bola Ahmed Tinubu administration. The Executive Vice President, Upstream, Mr. Udy Ntia, made the call…
Tinubu nominates Melvin Ayogu to CBN board
March 12, 2025
Tinubu nominates Melvin Ayogu to CBN board
President Bola Tinubu has nominated Melvin Ayogu to the board of the Central Bank of Nigeria (CBN) and has requested Senate confirmation for the appointment. This announcement was made by the Special Adviser to Tinubu on Information and Strategy, Bayo Onanuga, in a statement on Wednesday. “President Bola Tinubu has written to the Senate, requesting confirmation of Prof. Melvin Ayogu’s…
TCIPC Customs hands over N8bn seized illicit drugs to NDLEA
March 12, 2025
TCIPC Customs hands over N8bn seized illicit drugs to NDLEA
The Nigeria Customs Service (NCS), Tincan Island Port Command, has handed over illicit drugs worth over N8 billion to the National Drug Law Enforcement Agency (NDLEA) following the successful interception of two containers falsely declared as used cars and auto spare parts from Canada. This was disclosed in a press statement signed by the Command’s Public Relations Officer, Superintendent of…