Company Report
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Indigenous capacity, others boosting fortunes of energy sector, says Seplat Energy
Seplat Energy Plc, has reinforced its commitment to responsible leadership and sector transformation through active participation in the 13th Annual BusinessDay CEO Forum Nigeria, held in Lagos. With the theme “Nigeria: From Reform to Recovery,” the 2025 edition of the CEO Forum brought together senior government officials, investors, corporate leaders and experts to discuss Nigeria’s ongoing reforms, and share strategic…
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Dangote Foundation distributes rice to 10,000 families in Bayelsa
The Aliko Dangote Foundation has flagged off the distribution of 10,000 bags of rice, each weighing ten kilograms, to vulnerable households, people living with disabilities and the less privileged in Bayelsa State. Deputy Governor Bayelsa State, Senator Lawrence Ewhrudjakpo who represented the Governor, Senator Douye Diri at the event commended Aliko Dangote for his philanthropic gesture and lucrative partnership with…
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PHOTO NEWS: Keyamo inaugurates new FAAN board, Ganduje named chairman
The Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, on Wednesday, inaugurated the newly constituted Board of the Federal Airports Authority of Nigeria (FAAN), ushering in what he described as a new chapter for the country’s aviation sector. The inauguration, which took place in Abuja, saw the immediate past Governor of Kano State, Dr. Umar Abdullahi Ganduje, OFR, appointed…
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Access Bank highlights achievements at climate governance initiative launch in Lagos
Access Bank Plc has once again demonstrated its leadership in sustainable finance with a strong showing at the launch of the Climate Governance Initiative Nigeria (CGIN) Chapter, hosted by Lagos Business School. The executive Director, Risk Management at Access Bank, Dr. Greg Jobome was invited to speak at the event in recognition of the Bank’s pioneering role in integrating sustainability…
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Aliko Dangote Foundation’s free rice excites host communities in Ogun state
Over 30 host communities to Dangote Cement Ibese Plant as well as those in Itori in Yewa North, Ewekoro local government aeras of Ogun State respectively were thrown into excitement as the Aliko Dangote Foundation, (ADF) extended its National Food Intervention programme to the people distributing over 3000 bags of rice to the less privileged in the communities. L-R, Head…
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ETI to raise $250m in additional Tier-1 capital
Ecobank Transnational Incorporated (ETI) has received shareholder authorization to raise up to $250 million in Additional Tier 1 (AT1) capital qualifying instruments, following a resolution passed at the company’s Extraordinary General Meeting (EGM). This development comes on the heels of ETI’s successful issuance of $125 million in 10.125% Senior Notes due in 2029. The latest notes, issued on May 15,…
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CBN sanctions Sterling Financial Holdings N379m in 2024FY
The Central Bank of Nigeria (CBN) has imposed a N379 million sanction on Sterling Financial Holdings in the 2024 financial year. The lender was in 2023 sanctioned N28.75 million for falling to comply with two market rules and regulations. In the 2024FY, the CBN imposed sanction on the Holdings for failing wiith comply wiith five market infractions that comprise of…
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Alpha-Beta denies allegations of nepotism, underpayment in Sahara Reporters article
Alpha-Beta Consulting LLP has condemned a June 11 article by Sahara Reporters titled “Tinubu-Linked Alpha Beta Consulting Pays N400,000 Gratuity After 20 Years Of Service, Hands Millions, Top Contract Jobs To GMD Loyalists.” In a statement signed by the firm’s Head of Human Capital Management, Mrs. Anjolaoluwa Ige, the report was described as “malicious, unfounded, and grossly misleading.” The company…
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After 20 years, Dangote retires as Chairman of Dangote Sugar Refinery
The Chairman, Board of Dangote Sugar Refinery Plc, Aliko Dangote has retired as the chairman of the company after 20 years of running its affair. The company’s secretary, Temitope Hassan in a statement disclosed that his retirement takes effect from June 16, 2025. Dangote, who has been at the helm of leadership since 2005, is credited with steering Dangote Sugar into…
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Aliko Dangote Foundation donates 10,000 bags of rice to Enugu state
…distribution begins at Local government levels The Aliko Dangote Foundation as part of its National Food Intervention Programme has donated 10,000 bags of 10kg of rice to the economically vulnerable in Enugu State. The State Government took delivery of the bags of rice at the weekend in Enugu. The representatives of the 17 local governments areas gathered at the…
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