By Ayomide Otitoju The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has signed a facultative reinsurance agreement with Takaful Libya. The signing took place during IsDB Group Day in Libya on 23 September 2025. The agreement is designed…
By Ayomide Otitoju The Africa Finance Corporation (AFC) and the Africa Social Security Association (ASSA) have launched the Africa Saving for Growth programme, a continent-wide initiative aimed at mobilising Africa’s institutional savings into long-term infrastructure and private sector-led projects. The launch took place during the UN General Assembly under the Global Africa Business Initiative (GABI)….
By Ayomide Otitoju The African Export-Import Bank (Afreximbank) has renewed its memorandum of understanding (MoU) with the African Association of Automotive Manufacturers (AAAM), reinforcing joint efforts to expand intra-African trade and investment in the continent’s automotive industry. The MoU was signed on the sidelines of the Intra-African Trade Fair 2025 (IATF2025) in Algiers by Afreximbank’s…
By Ayomide Otitoju Invest in African Energies, scheduled for September 29 to October 3 in Cape Town. His participation will center on Africa’s growing role in the global energy landscape and OPEC’s commitment to advancing the continent’s oil and gas potential. Since taking office in 2022, Al Ghais has championed Africa’s energy sector, describing its…
By Ayomide Otitoju Guaranty Trust Holding Company Plc (GTCO) has announced a profit before tax (PBT) of ₦600.9 billion for the half year ended June 30, 2025, despite the absence of last year’s exceptional one-off fair value gains of ₦493.01 billion. The audited financial results, filed with the Nigerian Exchange Group (NGX) and the London…
By Ayomide Otitoju MTN Nigeria posted revenue of N2.38 trillion in the first half of 2025, representing a 54.5% increase from N1.54 trillion in the same period last year. The performance places the telecoms giant on course to surpass N5 trillion in annual revenue for the first time in its history. According to the company’s…
By Ayomide Otitoju Adron Homes and Properties Limited has reaffirmed its commitment to cultural preservation and community development through its official sponsorship of the 2025 Olojo Festival, themed “Tourism for Inclusive Growth with Cultural Rebirth.” Speaking at a press conference held at the Palace of His Imperial Majesty, Oba Eniitan Adeyeye Ogunwusi, CFR, Ojaja II,…
By Ayomide Otitoju Global and local leaders in the building, design, and construction industries have concluded plans for the Ecobank Build and Design Expo, a premier exhibition aimed at showcasing innovation and excellence in the sector. The five-day event, themed “How We Build, How We Live,” will run from September 24 to 28, 2025, at…
By Ayomide Otitoju Rite Foods Limited, through its flagship brand Sosa Fruit Juice, has announced a strategic partnership with the Dolphin Swimming League to host this year’s swimming competition, reinforcing the company’s commitment to youth development, education, and community empowerment. Now in its seventh season, the Dolphin Swimming League is Nigeria’s first private school swimming…
