By Ayomide Otitoju Akwa Ibom State Governor Umo Eno has signed 14 Executive Bills into law, describing the legislative package as a major step towards strengthening governance, institutional reforms and the implementation of his administration’s ARISE Agenda. Governor Eno assented to the bills on Tuesday at the Executive Council Chambers, Government House, Uyo, saying the…
By Ayomide Otitoju Dangote Cement Plc has reaffirmed its commitment to sustainable business practices, environmental protection and responsible growth across Africa as the company continues to integrate sustainability into its operations. The company said its sustainability strategy focuses on reducing environmental impact, improving energy efficiency, promoting diversity and inclusion, supporting host communities and creating long-term…
By Ayomide Otitoju Ecobank Nigeria has launched Scaling Up, a business-focused podcast aimed at inspiring, educating and empowering entrepreneurs, founders, business leaders and emerging innovators across Africa. The bank said the podcast, which will be available on its official YouTube channel and other major digital streaming platforms, is designed to support businesses beyond financial services…
By Ayomide Otitoju Dangote Petroleum Refinery and Petrochemicals has secured $2.5 billion in fresh private equity investment to support the next phase of its expansion and strengthen its position in Africa’s downstream energy sector. The company announced on Thursday that the funds were raised through a private placement involving the issuance of approximately 3.7 trillion…
By Ayomide Otitoju MTN Nigeria has announced the commencement of entries for the eighth edition of the MTN mPulse Spelling Bee, inviting pupils and students aged between 9 and 15 years to participate in the national competition. The competition begins with the Practice Stage, followed by Round One, where participants will compete for a place…
By Ayomide Otitoju French energy giant TotalEnergies has reported a more than twofold increase in second-quarter net profit, driven by rising oil and gas prices amid renewed tensions in the Middle East. The company said in a statement on Thursday that net profit reached $5.4 billion between April and June, compared with $2.7 billion recorded…
South Korean technology giant Samsung has unveiled a new range of slimmer foldable smartphones, with higher price tags driven by rising artificial intelligence-related component costs. The new devices were launched on Wednesday in London as the company seeks to strengthen its leadership in the foldable smartphone market ahead of a possible entry by US rival…
Ayomide Otitoju The Vice Chancellor of the University of Lagos (UNILAG), Professor Folasade Ogunsola, has praised Rite Foods Limited for promoting academic excellence through its Rite Foods National Academic Excellence Awards, describing the initiative as a strategic investment in Nigeria’s future and a recognition of outstanding student achievement. Professor Ogunsola made the remarks on Monday…
By Ayomide Otitoju Lagos State Governor Babajide Sanwo-Olu has called for stronger collaboration among governments, the private sector and development institutions to bridge Africa’s development financing gap and accelerate sustainable economic growth. The governor made the call on Wednesday at the opening of the 2026 Africa Social Impact Summit (ASIS), themed “Financing for Development: Building Resilience and Transforming Emerging…
