Airtel Gladdens Single Mother, ‘Fills’ Hole in Child’s Heart With Joy

By Adedapo Adesanya The Lagos State Government has signed two deals bordering on waste management at the ongoing 28th session of the Conference of Parties (COP28) in Dubai, United Arab Emirates. According to Governor Babajide Sanwo-Olu, waste conversion initiatives, which the state pitched at the global climate summit, have attracted significant interest from investors. These are the Advanced Garbage Collection and Waste-to-Energy project and the building of a new sewage treatment plant. Mr Sanwo-Olu confirmed the deals on Sunday at an event held at Nigeria Pavilion, where he also presented Phase Two of the Lagos State Climate Adaptation and Resilience

By Modupe Gbadeyanka An award has been presented to Airtel Nigeria by the Women’s Technology Empowerment Centre (W.TEC) for its significant contribution towards fostering opportunities for women and girls in the tech sector. WTEC, a notable beneficiary of Airtel’s corporate social responsibility initiative, Touching Lives Season 6, honoured the leading telecommunications firm in Nigeria at its 15th anniversary dinner on Sunday, December 3, 2023, at La Chaumiere Restaurant in Lagos. The organisation said it was impressed with Airtel Nigeria’s dedication towards the advancement of technology in the country. Highlighting the positive influence of Airtel Nigeria’s intervention, the chief executive of

By Adedapo Adesanya Almost two months after Nigeria’s victory in an $11 billion suit, the Commercial Courts of England in the United Kingdom has ordered Process & Industrial Developments (P&ID) Limited to pay £20 million in damages and compensation. The court ordered that the money be given to Nigeria within the next 28 days. The award of £20 million in damages was revealed during a subsequent ruling on the subject in London to determine what happened after the October ruling. The hearing was also held to determine whether P&ID would be granted permission to appeal the decision, however, the court

By Dipo Olowookere No fewer than 33 stockbrokers, accountants, directors, compliance officers, registrar and information and technology specialists among others have been blacklisted by the Nigerian Stock Exchange (NSE). The affected persons were found guilty of going against rules governing the Nigerian capital market. Most of the affected persons committed various crimes ranging from unauthorised sale of clients’ shares, diversion of funds, professional misconduct and aiding and abetting criminal activities. A breakdown showed that stockbrokers were more than half of the blacklisted persons while compliance officers also featured prominently. The NSE, through its Disciplinary Committee and Securities and Exchange Commission

By Adedapo Adesanya  Oil futures moved in different directions on Tuesday as comments from President of the United States, Mr Donald Trump, on the ongoing trade talks with China triggered panic in the global market. The performance of crude oil at the international market also became mixed as observers anticipate the much-awaited meeting of members and allies of the Organisation of the Petroleum Exporting Countries (OPEC), which kicks off on Thursday in Austria. The group is planning to cut supply at the market so as to support prices. As at yesterday night, the Brent crude, which is the global oil

By Modupe Gbadeyanka The well-known organisations have joined forces to help victims of cancer in Nigeria with the raising of N3.6 million. Both organisations, the Sage Foundation and The Bricon Foundation, also plan to raise awareness about cancer and assists cancer patients and their families, in the ‘Keeping Hope Alive Challenge’. The challenge aims to raise $10,000 (about N3.6 million) to support cancer patients who cannot afford medical treatment. The Keeping Hope Alive $10k Challenge has three phases, the first of which was the ‘Walk the Talk’ cancer walk in Lagos, on Friday, October 27, 2017, to raise funds and

By Modupe Gbadeyanka ​As part of efforts to proactively monitor market manipulation, the Nigerian Stock Exchange (NSE) has announced going live on the new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. The platform will enable the stock market regulator monitor spoofing and layering, detect and deter manipulative tendencies, gather intelligence, carry out traders’ monitoring and analysis, conduct multi-asset and cross-market surveillance, and execute risk-based supervision of flagged participants. The Nasdaq SMARTS Surveillance solutions have been the industry benchmark for real-time, cross-market, cross-asset surveillance for 22+ years. Used by over 3,500 compliance professionals around the world, SMARTS currently

By Adedapo Adesanya After more than two years, the federal government has directed the reopening of four land borders in Katsina, Cross River, Ogun, and Kebbi States that were shut in 2019. This was revealed in a circular titled Re-opening of four additional Nigerian border posts signed by the Deputy Comptroller-General, Mr E. I. Edorhe, on behalf of the Comptroller-General of Customs. The four borders to be reopened include the Jibiya border post in Katsina State, the Ikom border post in Cross River State, the Idiroko border post in Ogun State and the Kamba border post in Kebbi State. It

If one should name an industry that has gained tremendous growth, success, and impact, it is online food delivery. With the increasing advancement in technology, significant mergers from various investors and the human need for food, the global food delivery market will most likely reach an estimated $215 billion by 2024. The success of this sector is also very evident in a country like Nigeria, with food being a crucial need for all, especially in the working-class sector in busy cities like Lagos, Abuja, Ibadan, and Port Harcourt. According to numbers by Worldometer, Nigeria’s rank as the largest populated country

By Adedapo Adesanya One of Africa’s property technology (proptech) startups, Spleet Africa, has been selected for MetaProp’s 2021 Accelerator Programme, making it the first from the continent to join the Accelerator programme. The MetaProp Accelerator is the world’s foremost proptech accelerator, founded by MetaProp; a New York-based venture capital firm focused on the real estate technology industry. As part of the accelerator’s 22-week coaching and advisory period, Spleet will also receive up to $250,000 in funding from the VC. Speaking on the development, the Chief Executive Officer (CEO) of Spleet, Mr Adetola Adesanmi, said joining the accelerator is a catalyst