Three Nigerian Women Entrepreneurs, Others for AWIEF Awards

By Adedapo Adesanya The Nigerian government has outlined its priorities for the upcoming 28th Conference of Parties (COP) in Dubai, the United Arab Emirates (UAE). Speaking to journalists at a pre-COP workshop organised by the National Council on Climate Change (NCCC), the Director General of the council, Mr Salisu Dahiru, said the country has a number of issues dear to its economy and journey towards climate resilience that it hopes to achieve at COP28. COP 28 is the United Nations Climate Change Conference taking place from November 30 to December 12. COP takes place every year and is the world’s

By Adedapo Adesanya The management of Ikeja Electric Distribution Company (IKEDC) has cautioned customers not to load the energy tokens purchased during a recent upgrade glitch which left customers unable to buy and load much-needed electricity tokens on their prepaid meters. In a statement on Friday, the distribution company said, “We apologise for the inconvenience experienced when loading your energy token during the TID rollover upgrade. The issue has been resolved and we thank you for your patience and understanding.” The issue commenced when the company instructed customers to link their respective prepaid meters to the National Identification Number (NIN)

By Adedapo Adesanya Fils has launched a platform to help global businesses turn intent into action when integrating sustainable values into the core of digital payments. The new innovation paves the way for trust and safety in carbon markets, bringing together buyers with capital, and suppliers with high-integrity carbon credits, at the rate and scale required to rebalance the planet.  Designed as a holistic, enterprise-grade B2B2C product offering, Fils leverages the power of leading technologies for its end-to-end infrastructure to transform various industries, including financial services, hospitality, and e-commerce. This makes it easier for businesses to act on the core

By Adedapo Adesanya Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ) following the signing of a fresh arrangement. The agreement was signed in the presence of the Managing Director of Tata International Limited, Mr Anand Sen, by the Managing Director of Tata Africa Holdings Pty Ltd, Mr Len Brand. This move will help Tata International build on its existing relationship in the country since 2006 when it established operations in Nigeria. “As a brand synonymous with quality products and ethical business operations in Africa, Tata International is excited to

By Dipo Olowookere Renowned economist, Mr Bismarck Rewane, has retired from the board of First City Monument Bank (FCMB) Plc. The Nigerian financial institution announced the retirement of Mr Rewane in a statement to the Nigerian Stock Exchange (NSE) on Tuesday. In the statement signed by the Company Secretary, Mrs Olufunmilayo Adedibu, it was disclosed that the board has accepted his retirement. The board and management also expressed their gratitude to the foremost financial expert, wishing him well in his retirement. “FCMB Group Plc hereby announces the retirement of Mr Bismarck Rewane from the board of directors of the company.

By Dipo Olowookere Head of Banking and Finance Department, Nasarawa State University, Keffi, Prof. Uche Uwaleke, has advised federal government to consider reducing listed companies income tax and clauses that allow privatization through the capital market. Mr Uwaleke gave this suggestion at the third Annual Budget Seminar of Securities and Exchange Commission (SEC) held in Lagos on Monday with the theme Budgets, Elections and Capital Markets: Risks and Opportunities in 2019. The Nigeria’s first Professor of Capital Market said by taking the above step, government would have indirectly intervened in the capital market by infusing pro capital market measures into

A corporate booking tool is an online platform that allows business travelers to book their business trips. Tools like this simplify the travel booking process while maintaining policy compliance. One of the prime objectives of these tools is to allow companies to honor the duty of care toward travelers. Let’s see how the tool makes business tour booking easy and convenient. Booking Made Simple Normally, the employees would go through other websites to book their business travels. It takes them time to sort through the options to find the best booking options. It is a tedious and time-consuming process affecting

By Modupe Gbadeyanka A premier mobile phone brand under Transsion Holdings, TECNO, has launched its newest addition, the Phantom 8 in Middle East and Africa region. The regional launch took place in Jumeirah Beach Hotel, Dubai in the presence of 200 guests. The newly launched Android operated Phantom 8 features a revolutionary camera, attractive design and high-speed experience. According to Google’s Consumer Barometer, in the UAE and KSA, 73% and 70% of smart phone users access their mobiles to takes photos or videos. Phantom 8 caters to this local demand with its state-of-the-art dual camera, it has the power to

By Modupe Gbadeyanka The huge impact the Olam Direct platform has had in the lives of smallholder farmers has caught the attention of organisers of the Innovation Leader’s 2020 Impact Awards. Olam’s entry for Olam Direct emerged as a winner in the Impact Award category, having earned the recognition of an esteemed judging panel from organisations including Verizon, Philips Healthcare, Vertex Pharmaceuticals, CME Group, Dover Corporation, Duke Energy and Cambia Health Solutions. Now in its third year, Innovation Leader’s Impact Awards honour companies with corporate innovation initiatives that have run for at least a year and delivered extraordinary outcomes with

Domestic workers are integral to many of our homes, but are you making sure the person who keeps the wheels of the house turning while you’re at work is being treated fairly? Read on for five ways you can make a difference in her life. The small details count If you think about how lovely it is to have small perks at your work, the same holds true for your domestic worker. Tiny details can make a big difference, such as giving her the household’s Wi-Fi password so that she can listen to music on her phone while working, and

By Aduragbemi Omiyale The Nigerian Exchange (NGX) Limited witnessed the listing of N318.52 billion worth of securities in the first quarter of 2023, data from the X-Compliance report of the bourse has revealed. This cut across equities, fixed income, mutual funds and derivatives categories. The X-Compliance report is a transparency initiative of NGX designed to maintain market integrity and protect investors by providing compliance-related information on all listed companies. Through the report, NGX ensures that it provides timely information to investors to aid their capital allocation decisions and enable a properly functioning capital market. According to the report, NGX saw

By Modupe Gbadeyanka The board and management of FBN Holdings Plc have been tasked to make efforts within their reach to recover almost all the Non-Performing Loans (NPLs). Expressing their frustrations at the firm’s Annual General Meeting (AGM) in Lagos on Tuesday, the shareholders said the bad loans were affecting performance of the company. They said the N150.4 billion reflected in the group’s 2017 financial statements as payment for impairment charges was too high despite being lower than the N226 billion paid in 2016. As at December 31, 2017, the NPL of FBN Holdings stood at 22.8 percent, which shareholders