Trust Africa News

Oando Completes $783 Million Acquisition of Nigerian Agip Oil Company

By Ayomide Otitoju Oando Plc has completed the $783 million acquisition of Nigerian Agip Oil Company (NAOC), a subsidiary of Italian energy firm Eni. The announcement was made on Thursday by Ayotola Jagun, Oando’s Chief Compliance Officer and Company Secretary. With this deal, Oando, listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange,…

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Fidelity Bank Reaffirms Commitment to Corporate Governance Excellence

By Ayomide Otitoju Fidelity Bank Plc, a leading commercial bank in Nigeria, has reaffirmed its commitment to the highest corporate governance standards, consistently meeting full disclosure requirements and adhering to global best practices. The bank was recently awarded the CG+ rating, the highest under the Corporate Governance Rating System (CGRS), which evaluates listed companies against…

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Globacom Launches WiFlix, Offering Unlimited Streaming Access

By Ayomide Otitoju Globacom, Nigeria’s leading digital solutions provider, has launched WiFlix, a groundbreaking streaming service that offers subscribers unlimited access to an extensive library of content. The platform, designed to enhance the online experience for Globacom users, is available on both Android and iOS devices. WiFlix features an impressive collection of 30,000 hours of…

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Petition Against 25-Year Sentence for Killing 7-Year-Old Draws 240,000 Signatures

An online petition protesting the 25-year prison sentence given to Getnet Baye, the man convicted of raping and killing 7-year-old Heaven Awot, has garnered over 240,000 signatures. The petition, launched on Wednesday, August 21, calls for a harsher penalty, arguing that the sentence is too lenient for such a heinous crime. Getnet was sentenced last…

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