Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has warned the public against conducting any business with Marino FX Limited. According to the Commission, Marino FX Limited, which claims to be a SEC-licensed cryptocurrency exchange, is neither registered nor authorized to operate in the Nigerian capital market. In a notice by SEC…
The Abdul Samad Rabiu Africa Initiative (ASR Africa), the philanthropic initiative of the Chairman of BUA Group, Abdul Samad Rabiu, has kicked off the construction of the N250 million Abdul Samad Rabiu Laboratory Complex at the University of Lagos with a ground-breaking ceremony within the university’s campus. The grant is part of ASR Africa’s Tertiary…
Friday, November 15, was anything but ordinary at Ikeja City Mall, as the TECNO SPARK 30 city tour brought a spark of excitement that lit up the bustling city. From the very first moment, the atmosphere was electric—an irresistible mix of bubbly energy, music, and the unmistakable buzz of something special. The day kicked off…
Nigeria-China trade value has hit N7.38 trillion as at June, Vice-President Kashim Shettima, said Wednesday at the China-Africa Interbank Association Forum (CAIBA) 2024 in Abuja. It was organised by First Bank Plc. The vice-president, represented by the Special Adviser to the President, General Duty, Dr Aliyu Modibbo, said China remained the country’s number one trading…
About five years after it went moribund, the Nigerian National Petroleum Company (NNPC) Ltd has announced the successful re-streaming of the Port Harcourt Refining Company (PHRC). This was disclosed in a statement by the Chief Corporate Communications Officer NNPC Ltd.,Olufemi Soneye, on the company’s official X handle. Soneye explained this achievement, marked by the commencement…
Airtel Africa has announced the appointment of Dinesh Balsingh as the Managing Director and Chief Executive Officer of Airtel Nigeria, effective November 1, 2024. By this appointment, Balsingh also became a member of the Executive Council for the Airtel Africa Group. He takes over from Carl Cruz, who returned to his home country, The Philippines,…
An estimated 2.6 billion people in Nigeria and other parts of the world are currently offline accounting for 32 per cent of the world’s population. This is down from the newly revised estimate of 2.8 billion for 2023, which represents 35 per cent of the population, according to new figures from the International Telecommunication Union…
Digital solutions provider, Globacom, and global news medium, Cable News Network (CNN), have celebrated 15 years of partnership on the sponsorship of the highly acclaimed programme, African Voices, sponsored by the telecom firm. At an event held at Eko Hotel, Victoria Island, Lagos, to mark the milestone where a special edition of the weekly magazine…
The capacity of Nigeria’s manufacturing sector to create jobs has continued on the decelerating pace with only 2,606 jobs created in the first half of 2024 (H1 2024), a 29.99 per cent reduction from H2 2023,according to the Manufacturers Association of Nigeria (MAN). MAN’s ‘Executive Summary’ of finding of the manufacturing sector’s survey for H1…
