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FCMB appoints Adebajo as Independent Non-Executive Director
Business
5 sources

FCMB appoints Adebajo as Independent Non-Executive Director

FCMB has appointed Mrs. Adebajo as an Independent Non-Executive Director to enhance its Board and support transformation goals. This move is seen as a strategic step towards strengthening the group's leadership.

From Gaming to Fintech: How Damilare Alabi builds where others see risk
Business
2 sources

From Gaming to Fintech: How Damilare Alabi builds where others see risk

Damilare Alabi has successfully transitioned from the gaming industry to fintech, co-founding Nigeria's first online sports gaming platform. His innovative approach has turned challenges into opportunities, marking him as a notable entrepreneur in Nigeria.

Rano Air cuts operations amid fuel cost crisis
Business
5 sources

Rano Air cuts operations amid fuel cost crisis

Rano Air has temporarily suspended some flight operations due to a significant rise in aviation fuel costs. This decision reflects the challenges faced by domestic carriers in maintaining commercial viability.

Businesses must embrace ESG for growth, NECA advises
Business
5 sources

Businesses must embrace ESG for growth, NECA advises

NECA is encouraging Nigerian businesses, particularly MSMEs, to adopt ESG principles for better competitiveness and investment attraction. This shift is seen as essential for achieving sustainable growth in the long term.

OPL 471 dispute: Court orders Chinese oil firm to pay $100m
Business
5 sources

OPL 471 dispute: Court orders Chinese oil firm to pay $100m

A Nigerian court has ruled that China National Petroleum Corp must pay $100 million to Cutra International Limited over the OPL 471 oil block dispute. This decision highlights the ongoing legal challenges in Nigeria's oil sector.

Skye Bank and the journey to the gallows, By Tunde Oyesina 
Business
5 sources

Skye Bank and the journey to the gallows, By Tunde Oyesina 

The article discusses the role of Ayeni in the Skye Bank crisis, questioning whether he is a key architect or just a casualty. It highlights the ongoing legal proceedings and the potential for new information to emerge.

Transcorp Excites Shareholders With N20.3bn Dividend at 20th AGM
Business
5 sources

Transcorp Excites Shareholders With N20.3bn Dividend at 20th AGM

Transnational Corporation Plc has announced a dividend of N20.3 billion, equating to N2.00 per share, during its 20th Annual General Meeting. This move is expected to delight shareholders and reflects the company's strong performance.

FirstHoldCo targets ₦1tn capital base in aggressive balance sheet push
Business
5 sources

FirstHoldCo targets ₦1tn capital base in aggressive balance sheet push

FirstHoldCo aims to achieve a ₦1 trillion capital base as part of its aggressive balance sheet strategy. Under the leadership of Mr. Otedola, the company is enhancing corporate governance by tightening internal standards and appointing new boards for its non-banking subsidiaries.

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