Uduaghan, Ogboru, Others Dedicate Delta APC Campaign to God

By Adedapo Adesanya  The International Finance Corporation (IFC) has announced a collaboration with Allied Climate Partners (ACP) that will help create a pipeline of viable climate investments in emerging markets including Southeast Asia, Africa, the Caribbean and Central America, and India. ACP’s new platform is backed by philanthropic capital and designed to mobilize investment in climate-related projects in emerging economies to create significant environmental, economic, and social impact. In a statement seen by Business Post, the parties said the collaboration with IFC will provide advisory and structuring support, technical assistance, and sustainability and impact-management support as needed to help bring

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 Adedapo Adesanya Global energy company, GE Vernova, has used a series of events during Compliance Week to emphasise the critical role of ethics and compliance in business growth and success. The week-long initiative, held across Nigeria with more than 100 attendees, involved employees, suppliers, legal experts, and customers, highlighting GE Vernova’s unwavering commitment to fostering a culture of integrity and transparency. Speaking on this, Mrs Ozim Ifeoma Ibeziako, Executive General Counsel for GE Vernova’s Gas Power business in Africa, said, “At GE Vernova, we believe that integrity is the cornerstone of any successful business. “Our Compliance Week is an

By Modupe Gbadeyanka Modex launches its first fully functional product alpha, bringing to the market the World’s First App Store for the Blockchain. Modex’s Smart Contract Marketplace aims to tackle the ‘last mile’ adoption problem that will bring blockchain technology into daily use for everyone, by facilitating access to multi-protocol smart contracts. The Modex Smart Contract Marketplace provides a forum for developers to showcase their skills and offer smart contract solutions to buyers and/or other developers. It provides a way for the real-world community to easily find smart contracts that meet real-world needs, without having to scout developers and manage

By Adedapo Adesanya A new study has revealed the most influential members of the England squad for the Qatar World Cup, with Marcus Rashford taking the top spot. The research, conducted by online casino comparison experts KingCasinoBonus.uk, and seen by Business Post. analysed marketing tools and the social media profiles of the England team to determine which England player was the most influential. Marcus Rashford took first place, earning up to a whopping £37,950 per sponsored Instagram post, thanks to his follower count of almost 13 million and an engagement rate of 3.28 per cent. The Manchester United forward has been

By Investors Hub European stocks are broadly higher on Monday despite heightened tensions between the United States and Turkey after gunshots were fired early Monday at the U.S embassy in Ankara. China and the United States will hold lower-level trade talks this week, just before new U.S. tariffs on $16 billion of Chinese goods take effect. Traders are also looking ahead to the release of the FOMC meeting minutes this week and a meeting of central bankers at the Kansas City Fed’s Jackson Hole symposium for clues on next month’s U.S. interest rate decision. While the German DAX Index has

By Adedapo Adesanya Brent crude returned to the $44 per barrel region on Tuesday following expectations of positive data on US crude inventories and fear of instability as explosions rocked Middle Eastern country, Lebanon. The international benchmark rose by 18 cents or 0.41 per cent yesterday to trade at $44.33 per barrel, while the US West Texas Intermediate (WTI) crude gained 52 cents or 1.27 per cent to trade at $41.53 per barrel. The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 8.587 million barrels for the week ending July 31. Analysts had predicted

By Dipo Olowookere Mr Babatunde Kasali has been announced as the new Chairman of Wema Bank Plc, following the resignation of Mr Adeyinka Asekun on Thursday, May 10, 2017 after his nomination as Nigeria’s Ambassador was recently confirmed by the Senate. Mr Asekun became Chairman of Wema Bank in 2012 and played a leading role in the successful turnaround and transformation of the lender, which has culminated in the introduction of Africa’s first fully digital bank called (ALAT). Other significant events that took place during Mr Asekun’s tenure included re-capitalization of the bank, the bank’s return to profitability, Wema Bank’s

By Adedapo Adesanya The iconic Organization of Petroleum Exporting Countries (OPEC) is marking its 60th anniversary today, Monday September 14, 2020. In a statement, OPEC said the diamond anniversary is a time to reflect and appreciate the efforts of all those who have worked very hard throughout its history to make OPEC the resounding success it has become. This, it said, includes generations of Heads of State and Government, Ministers, Governors and other high-level experts from outside the Secretariat and, from within the Secretariat, Secretary Generals, Management and Staff of every relevant discipline. It noted, “They have all enriched the

By Modupe Gbadeyanka Members of the Lagos State House of Assembly have expressed optimism that the price of a 50kg bag of rice should sell below N20,000 by December 2020. Chairman of the Lagos State House Committee on Agriculture, Mr Kehinde Joseph, during an inspection of the Imota Rice Mill being constructed in the state, said the facility should do the magic. He, therefore, urged the contractors handling the project to hasten work in order to meet the December 2020 completion timeline. The lawmaker explained he and his colleagues in the committee decided to embark on the inspection tour on

By Adedapo Adesanya The Naira recorded no movement against the United States Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market on Thursday. Consequently, the exchange rate closed at N416.33/$1 when trading activities for the day were brought to an end. The Naira traded flat yesterday amid a drop in FX demand at the market segment as the value of transactions went down by 16.4 per cent or $20.47 million, according to data from FMDQ Securities Exchange. The forex turnover for the trading day was $104.10 million compared with the $124.57 million reported a day