Moniepoint founder rolls out science, tech scholarship programme
Founder of Moniepoint, Tosin Eniolorunda, has launched the Future Builders Fund, a scholarship programme designed to empower high-potential but under-resourced students across Nigeria in science, technology, engineering, and mathematics. According to a statement, the pilot initiative seeks to remove financial…
Ford recalls nearly 500,000 vehicles over brake fluid leak
Automaker has not received any reports of accidents or injuries linked to issue A logo that reads, ‘Ford,’ is seen on the facade of a building. The Ford logo is seen above the entrance to the Ford Motor Company…
Becoming bank branch manager at 27 changed course of my life – Tony Elumelu
Becoming bank branch manager at 27 changed course of my life – Tony Elumelu Elumelu Chairman of Heirs Holdings and founder of the Tony Elumelu Foundation, Tony O. Elumelu, has reflected on the pivotal moment that shaped his career,…
Meet the Woman Behind One of South Africa’s Biggest Investment Firms*
Fikile Mbhokota has been serving as the CEO of Satrix since the start of 2022, leading a financial giant with R260 billion in assets under management. Satrix is the largest index-tracking business in South Africa, and mixes a range of…
T2 launches Nigeria’s first electronic KYC SIM registration web app
T2, formerly known as 9mobile, has rolled out an electronic Know Your Customer (eKYC) SIM Registration Web App, described as the first of its kind in Nigeria. The innovation is designed to overhaul the SIM registration process, offering a quicker,…
9mobile Unveils New Identity as T2, Embracing Bold Digital Future
During the relaunch event held in Lagos, CEO Obafemi Banigbe described the rebrand as more than a name change, calling it the dawn of a new era for the company. > “This marks the start of a transformative journey for…
BUA, Dangote Cement, others push NGX to N833 billion gain
BUA, Dangote Cement, First Bank Holding, and other firms’ stock pushed the Nigerian stock market to continue its upward trend, with a gain of N833 billion on Thursday. This comes as Nigerian Exchange Limited market capitalisation rose by 1.02 percent…
Ecobank Nigeria’s credit rating downgraded to CCC-, outlook negative
Ecobank Nigeria’s long-term issuer credit rating has been downgraded to ‘CCC-’ from CCC, with the outlook placed at negative by S&P Global Ratings. This is a resultant effect of the $150 million bond buyback offer on the bank’s $300 million…
Access Bank takes over Standard Chartered Bank
After operating for 130 years, Standard Chartered Bank will cease to operate in The Gambia today, 13th June and has been acquired by the Nigerian banking titan, Access Bank. This information was revealed by the governor of Central Bank of…
Tony Elumelu raises stake in UBA with N1.5bn share acquisition
Tony Elumelu, chairman of United Bank for Africa (UBA), has acquired over 45 million shares in the financial institution. Bili Odum, group company secretary, announced the transaction in a regulatory filing on the Nigerian Exchange Group (NGX) on Tuesday. …