Baker McKenzie Unveils Fighting Domestic Violence Comparative Law Tool

By Adedapo Adesanya A cross-border fintech company, Grey, has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design as part of moves to expand its footprint in the global market. The company’s transformation was unveiled on its social media platforms on Monday, November 27, 2023, and follows closely on the heels of Grey celebrating a milestone achievement of surpassing 500,000 users. Grey, which was founded in mid-2020 by Mr Idorenyin Obong and Mr Femi Aghedo, aims to leverage this fresh identity to reach a broader audience and solidify its international presence. The updated brand

By Precious Olisa The United Arab Emirates (UAE) has established a circular economy committee that will develop a national strategy for the efficient use of resources and reducing waste in the country. A statement disclosed that the team would focus on the circular economy principles of reducing, reusing and recycling materials to minimize environmental impact and save resources. The new circular economy committee comprises public and private sector members, who will promote investments in circularity and accelerate the adoption of circular economy practices. Last year, the UAE announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to

By Adedapo Adesanya The SBM Intelligence African Country Instability Risk Report Index (ACIRI) has ranked Nigeria as a stable African country based on select macro indicators benchmarks. The report which was published on Monday assesses the political, economic and social factors contributing to Sub-Saharan Africa’s political instability. It provides a framework for assessing the risk of coups d’état using factors such as ethnic tension, the country’s history of coups, dominant ethnic groups, economic concentration, ageing leaders and monoproduct, bi-product or multi-product economies. The 47 Sub-Saharan sub-region of Africa’s 55 countries were ranked on four benchmarks – leadership and governance, geopolitics,

By Adedapo Adesanya The African Development Bank Group (AfDB) has urged entrepreneurs in Nordic countries and Ireland to make Africa their business and investment destination. According to a statement, the call was made by the lender’s Chief Economist, Mr Kevin Chika Urama, on a spate of official visits to Denmark, Finland, Ireland, Norway, and Sweden between September 25 – 29. He said Africa’s population boom is projected to make it the world’s most populous region by the end of the century, with up to 3.4 billion people offering huge business and investment opportunities to the rest of the world. “With

By Dipo Olowookere An agric-startup based in Tanzania, FarmTime Company Limited, has become the latest beneficiary of a new revenue-linked matching fund designed to incentivize investors to back younger entrepreneurs. The firm, which was established in 2017 to recycle and repurpose plant and animal waste to produce organic fertilizers, delivering consistent and traceable nutrients at affordable prices, has secured a $50,000 funding support to expand its operations. FarmTime, a new entrant to the organic fertilizer market in Tanzania, obtained the fresh capital in a round led by Umsizi Fund, which triggered a guaranteed match from the Young Entrepreneurs Fund (YEF).

By Modupe Gbadeyanka Permanent Secretary in the Ministry of Budget and National Planning, Mrs Nana Fatima Mede, has described effective plan-budget link as critical for attaining inclusive growth. Mrs Mede stated this in her remarks during a Specialised Training Programme on Strategic Planning and Effective Linkage to Budgeting Process, organized by the Ministry of Budget and National Planning in Kano. She said it was clear that the role of strategic planning and effective linkage to budgeting process was very critical towards the realisation of the aspirations of any nation. Mrs Mede, represented at the occasion by Alhaji Aminu Yargaya, Assistant

By Ephraim Okwuosa The recent initiative of the Delta State Governor, Dr Ifeanyi Okowa, in requesting the company of immediate past President Goodluck Jonathan for a joint visit to Gbaramatu kingdom in the oil producing area of Niger Delta in pursuit of peace, is clear demonstration that a new wave of patriotic support has emerged to boost the on-going efforts of the President Buhari’s leadership to restore peace in the Niger Delta region. Governor Ifeanyi Okowa’s role as a new dove in the Niger Delta crisis despite his contrasting partisan interest with the Nigeria’s ruling government of President Buhari is

By Dipo Olowookere Abbey Mortgage Bank Plc has commenced subscription for the much-awaited N3.0 billion rights issue. The exercise started last week and would end next month. The lender is planning to sell to shareholders a total of 3,692,307,691 units of the company’s equities at a unit price of 82 kobo. The shares would be allotted to investors with the shares of the organisation as at the close of business on October 8, 2020, on the basis of four new ordinary shares for every seven ordinary shares held by them. In a notice issued by the Nigerian Stock Exchange (NSE),

By Dipo Olowookere According to a market research report titled ‘Kenya Dairy Products Market Outlook to 2020 – New Product Launches in Kenya to Dairy Product Market’ by Ken Research, Kenya is largely dependent on agriculture for its GDP, has a well-established dairy sector in the nation but being the eighth largest populated country in Africa, the demand for dairy products is also very high. Growing dairy farming in the nation has resulted in increased contribution from Kenya in overall dairy product market of Africa. Effective attractive hygiene packing supported by creative promotion, marketing and advertisement campaigns has helped Unilever

Ghana’s former professional boxer, Prof. Azumah Nelson and actress Ama K. Abebrese joined Geodrill, a leading exploration drilling company to plant trees as part of the government’s intent to plant five million trees across the country as an initial programme under the Green Ghana Initiative. Prof. Azumah Nelson emphasized that the Green Ghana Project is a laudable initiative that needs to be supported by all Ghanaians, saying that human existence hinges directly on the survival of trees. Thus, without the oxygen produced by trees, we cannot survive as human beings. He was very hopeful that the initiative, as a concerted

By Quantitative Financial Analytics The yield on FBN Money Market fund rose to 17.21 percent on March 15, the highest since 2013 when Quantitative Financial Analytics began monitoring the fund. That comes very close to the highest yield on offer by Stanbic IBTC Money market fund which stands at 17.6 percent. With inflation rate falling to 17.78 percent, investors can soon boast of real return on their investment if the trend continues. Also with the increase in yield, FBN money market fund is poised to solidify its position as the second largest mutual fund as it is expected that the

By Dipo Olowookere One of the leading electricity distribution companies in Nigeria, Ibadan Electricity Distribution Company (IBEDC), has expressed regret at the poor power supply to its customers in Mowe, Ibafo and Magboro areas of Ogun State. The firm, in a statement, stated that the reason for the abysmal service to the communities is partly because of the low allocation of energy to them by the Transmission Company of Nigeria (TCN). IBEDC, which took responsibility for the frustrating situation, explained further that the three communities get their supply from Oke-Aro 132KV/33KV transmission station, while allocation to the station from TCN