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Airtel Africa Mulls IPO for $4bn Mobile Money Subsidiary

March 14, 2024
By Adedapo Adesanya Mobile network operator, Airtel Africa Plc, is considering selling the shares of its mobile money arm, Airtel Money, to members of the public through an Initial Public Offering (IPO). This transaction is expected to raise about $4 billion. According to Bloomberg, which first reported the move, the firm has been in talks with possible advisors for a
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Dangote Cement Ibese Plant host communities

Ogun Government Calls Dangote Cement Worthy Partner

March 14, 2024
By Aduragbemi Omiyale Dangote Cement Plc has been described by the Ogun State government as a worthy partner due to its efforts to complement the state’s poverty alleviation programmes. The company received this commendation at the graduation of 305 youths from the 17 host communities of the Ibese plant of Dangote Cement recently. The beneficiaries underwent training and were empowered
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Trading of Stocks

Morgan Capital Confirms Technical Glitch

March 14, 2024
By Aduragbemi Omiyale One of the leading brokerage companies in the country, Morgan Capital Securities Limited, has confirmed that a technical glitch is responsible for the difficulty in accessing its training app for buying and selling stocks at the moment. Some users of the popular i-Trade app of Morgan Capital have not been able to access their dashboards to execute
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Flour Mills Dental Clinics

Flour Mills Rewards High-Performing Dealers, Others

March 14, 2024
By Aduragbemi Omiyale Some high-performing Business-to-Business (B2B) sales customers of Flour Mills of Nigeria Plc were recently recognised and rewarded for their pivotal role in the success of the company. At an event to end the multi-city tour on Tuesday, March 12 at the Marriott Hotel in Lagos, over 100 top customers and business partners, including dealers, direct-buying bakers, and
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axa mansard health

AXA Mansard Equips 200 Female SMEs With Financial Literacy, Digital Skills

March 14, 2024
By Modupe Gbadeyanka No fewer than 200 female Small and Medium Enterprises (SMEs) were recently empowered with financial literacy and digital business skills by AXA Mansard. This is part of the company’s continued investment in advancing the inclusion of women’s social and economic endeavours, particularly at a period when the world celebrated the 2024 International Women’s Day. The AXA member,
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Plateau Partners Firm To Build Fertilizer Plant

By Modupe Gbadeyanka A memorandum of understanding (MoU) has been signed between the Plateau State government and Oil and Chemical International, a member of the Duncan Group of companies, to set up a 40 tonnes fertiliser blending plant in Foron in Barkin
August 29, 2016

Dangote To Start Selling FX To CBN By 2020

By Modupe Gbadeyanka President of Dangote Industries, Mr Aliko Dangote, has disclosed that his business estate would start selling foreign exchange to the Central Bank of Nigeria (CBN) by 2020. Mr Dangote said this in Lagos on Monday at the Nigerian Economic
August 29, 2016

Lagos Gives 14-Day Ultimatum To Street Hawkers

By Dipo Olowookere Street hawkers in Ikoyi, Victoria Island and the Lagoon Front of Lekki in Lagos State have been given two weeks to leave or risk being arrested and prosecuted by the state government. Secretary to the State Government (SSG), Mr
August 28, 2016

Rainfall: Lagos Begins Demolition Of Illegal Structures

Residents of Lagos State have been urged to remain amidst the torrential rainfall witnessed in the State on Sunday, saying that necessary steps had been taken to avert any incidence of flood disaster in the metropolis. Commissioner for Environment in Lagos State,
August 28, 2016

Jigawa To Export Goats Soon

By Dipo Olowookere The Jigawa State government has said it is targeting 18,000 women in the state for its goat multiplication farming programme. The state government said it hopes this scheme would be a good source of foreign exchange earnings for its
August 28, 2016

Ogun Model Schools Open September

By Dipo Olowookere The newly built model schools in different part of Ogun State will be open for students in September 2016, the state governor, Mr Ibikunle Amosun, has assured. A statement issued on Sunday by Senior Special Assistant (Media) to the
August 28, 2016

PHOTOS: Fashola Inspects Oyo-Ogbomosho Road Project

By Dipo Olowookere Minister of Power, Works and Housing, Mr Babatunde Fashola, on Friday visited site of an ongoing road construction in Oyo State. Mr Fashola, Business Post learnt, inspected the level of work at the Oyo-Ogbomosho Expressway following the official flag-off
August 28, 2016

Blackout Disrupts Flights At Lagos Airport

By Dipo Olowookere The News Agency of Nigeria (NAN) is reporting that flight operations at the international terminal of the Murtala Muhammed Airport (MMA), Lagos have been disrupted for two days due to power outage. General Manager, Public Affairs, Federal Airports Authority
August 28, 2016

Landslide Threatens $6b Mambilla Hydro-Power Project

By Modupe Gbadeyanka There are strong indications that the over $3.2billion Mambilla Hydro-power project may be stalled by a landslide. Apart from the landslide, another key factor that may frustrate the project initiated in Taraba State in 1982 is bad roads. The
August 28, 2016
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