The former Chief Executive of Stanbic IBTC Holdings, Sola David-Borha, has sold 615,812 units of the lender’s shares. In a notice on the director’s dealings, it was revealed that David-Borha carried out the transaction on Thursday on the platform of the Nigerian Exchange Limited. The shares sold at an average rate of N63.21 per unit,…
The Lagos Chamber of Commerce and Industry has said that the removal of fuel subsidy and unification of exchange rates in the country negatively impacted the growth of businesses in the first half of the year. The President of the LCCI, Michael Olawale-Cole, represented by his deputy, Gabriel Idahosa stated this during the half-year economic…
A non-executive director of Sterling Financial Holdings Plc, Abubakar Suleiman, has increased his stakes in the group by 7,882,228 units. Suleiman, who is also the chief executive officer of Sterling Bank, purchased the shares on Tuesday and Wednesday on the Nigerian Exchange Platform in Lagos, according to an insider trading notice filed with the Nigerian…
The Italian Consulate General in Lagos, in partnership with the United Nations Development Programme (UNDP) with the support of Solution17 for Climate Action, will host The Nigeria-Italy Youth4Climate Conference on September 15, 2023, at the Lagos Continental Hotel. It aims to drive climate action, Invest in Climate Solutions and collaborate on youth-focused initiatives across different…
WHO launched the WHO Civil Society Commission and held the inaugural meeting of its Steering Committee in Geneva today. The Commission provides, for the first time, the ability to channel advice and recommendations in a more structured and systematic manner from civil society to WHO on health priorities and related issues. The historical role of civil…
By Ayomide Otitoju the World Health Organization WHO and the G20 India presidency announced a new Global Initiative on Digital Health (GIDH) today at the Health Minister’s Meeting of the G20 Summit hosted by the Government of India. The new GIDH initiative pronounced “guide” for short will operate as a WHO-managed networking and platform to…
MTN Nigeria has revealed plans to raise funds through the issuance of N100 billion in commercial paper notes under its Commercial Paper Issuance Programme.This was disclosed in a corporate notice filed on the Nigerian Exchange Limited on Wednesday. The company said, “The issuance is part of the company’s strategy to diversify its financing options with…
Wema Bank and payment platform, enza group, have partnered to provide secure and reliable payment options at a reduced cost for businesses. In a statement announcing its strategic partnership with Wema Bank, the payment platform said the collaboration would leverage its payment solution to expand Wema’s e-commerce payment capabilities. This, it added, would improve the…
Lafarge Africa Plc, a leading Sub-Saharan Africa building Solutions Company and member of Holcim, a global leader in innovative and sustainable building solutions, has announced the graduation of its 2022/23 set of Graduate Trainees at a ceremony held in Ewekoro, after a successful 18-month intensive training programme. The Lafarge Africa Graduate Trainee Program is designed…
