As Donald Trump claimed an unexpected yet sweeping victory in the U.S. presidential election over Kamala Harris, world leaders moved swiftly to extend their congratulations, signaling renewed or strengthened diplomatic ties. Financial markets also reacted positively to the election outcome, showing gains as global stability concerns eased. Here are the initial international reactions, with official…
By Ayomide Otitoju Africa’s Global Bank, United Bank for Africa (UBA) Plc, has renewed its commitment to bolstering the growth of Small and Medium-scale Enterprises (SMEs) across Nigeria and the continent. Speaking at the 38th Lagos International Trade Fair, UBA pledged increased investment in advanced technology and specialized training aimed at empowering SMEs to contribute…
By Ayomide Otitoju RMB Nigeria Issuance SPV PLC, a funding vehicle established to support RMB Nigeria’s financing initiatives in the public debt capital markets, has successfully registered its ₦40 billion Multi-Instrument Issuance Programme. This Programme aims to enhance RMB Nigeria’s asset growth and liability management by facilitating the issuance of debt instruments and structured notes….
By Ayomide Otitoju Ecobank Nigeria has been awarded “Best Web Portal” in Nigeria at the prestigious Phillips Consulting Digital Jurist Awards, outperforming 22 other commercial banks. This award underscores Ecobank’s leadership in digital banking and its dedication to delivering customer-centric, innovative solutions. The Digital Jurist Awards, organized by digital specialists at Phillips Consulting, evaluates the…
By Ayomide Otitoju MTN Nigeria Communications Plc has announced plans to issue up to N50 billion in Series 11 and 12 commercial paper notes as part of its N250 billion commercial paper program. The company disclosed this in a corporate notice filed with the Nigerian Exchange Limited on Monday, signed by Company Secretary Uto Ukpanah….
By Ayomide Otitoju Access Holdings Plc has posted impressive growth in gross earnings, reporting N3.4 trillion for the first nine months of 2024. This marks a 114.5% increase from N1.6 trillion in the same period last year, as detailed in the company’s third-quarter filing with the Nigerian Exchange Limited. The rise was primarily fueled by…
A Russian ballistic missile strike on an infrastructure facility in Zaporizhzhia, Ukraine, near the frontline, killed six people and injured 23 more, Ukrainian authorities reported on Tuesday. The industrial city, which once held a pre-war population of over 700,000, sits approximately 35 kilometers from Russian-held territory. Ivan Fedorov, head of the Zaporizhzhia region, shared the…
By Ayomide Otitoju Scores of Nigerian youths, joined by civil society organizations, gathered on Monday at the headquarters of the Nigerian National Petroleum Company Limited (NNPCL) in Abuja, demanding the resignation of Group Chief Executive Officer Mele Kyari. The demonstrators accused Kyari of failing to address Nigeria’s worsening fuel crisis, marked by rising fuel prices,…
The Chief Judge of Ekiti State, Justice John Adeyeye, has died at the age of 64. Justice Adeyeye, who was appointed Chief Judge on October 11, 2021, passed away on Monday, leaving a significant void in the state’s judiciary. Ekiti State Governor, Biodun Oyebanji, expressed profound sadness over the news, describing Justice Adeyeye’s death as…
