Africa needs $200bn yearly energy investment — IPPG
•Africa Energy Bank to start operations in October — Farouk By Udeme Akpan Africa needs more than $200 billion annually in energy investment by 2030 to develop oil and gas, expand electricity generation and distribution, and grow clean energy, Chairman of the Independent Petroleum Producers Group (IPPG), Adegbite Falade, has said. Falade, who spoke yesterday at […]
Industrial-led development key to $1trn economy target — Manufacturers
By Yinka Kolawole In order to achieve Nigeria’s aspiration to become a $1 trillion economy by 2030, the Manufacturers Association of Nigeria (MAN) has tasked the federal government to prioritise industrial-led development. Director General of MAN, Segun Ajayi-Kadir, who gave the charge in a chat with Vanguard, said that industrial transformation must be the anchor of Nigeria’s […]
CBN: Building resilient, strong banks in era of recapitalisation
With eight banks already meeting the recapitalisation requirements, and others making progress towards the deadline, the Central Bank of Nigeria (CBN) says it will sustain its oversight of the banking system. The move is expected to ensure continued resilience, safety and soundness of the financial system. Besides, the Monetary Policy Committee (MPC) members recently acknowledged the continued […]
MAN urges strict enforcement of initiatives to curb illegal road taxes
The Manufacturers Association of Nigeria (MAN) has urged seamless implementation of the Single Inter-State Road Tax Sticker (SIRTS) and Single Haulage Fee (SHF) initiatives to curb illegal road taxes and reduce the overall burden of multiple taxation on businesses across the country. Director-General of MAN , Segun Ajayi-Kadir, made the call at a strategic dialogue workshop […]
Chams HoldCo targets N7.65 bn in hybrid offer to drive expansion
Chams Holding Company Plc, has finalised plans to raise N7.65 billion through a combination of a Rights Issue to existing shareholders and a Private Placement Offer to strengthen the company’s financial position, support long-term growth, and deliver greater value to stakeholders.
Haldane McCall plans N250bn bond to fund affordable houses
Haldane McCall Plc, has disclosed plans to float a N250 billion bond to provide affordable houses for Nigerians, amid a growing housing deficit.
NASD to float digital securities offering, awaits SEC approvals
…To pay cash dividend, bonus By Peter Egwuatu The NASD OTC Plc is on the verge of commencing digital securities offering in the third quarter of 2025, Q3’25, as it awaits the approval of the Securities and Exchange Commission, SEC. The NASD, has also concluded plans for the first time to pay cash dividend and […]
Ekiti Reps Caucus lauds Cavista Holdings’ agriculture, tourism investments
Members of the Ekiti State Caucus in the House of Representatives have commended Cavista Holdings for its significant contributions to agriculture and tourism during a recent visit to two of the company’s flagship investments — Agbeyewa Farms and the Ikogosi Warm Springs Resort and Conference Centre.
Risk: Why data protection impact assessment is mandatory — Adeseyoju, DataPro
A data protection compliance organisation (DPCO) in Nigeria, DataPro Limited, has emphasised the importance of conducting a Data Protection Impact Assessment (DPIA) in Nigeria, highlighting the regulatory obligation and the benefits of their service, including customised risk assessment and compliance support.
International Beer Day: Local supply chain support, from seed to sip — Abiola Laseinde
From the soil of Northern Nigeria, from where grains are sourced, to the bubbling breweries in the South that bottle joy, and finally to your glass, beer is more than just a beverage.
Dangote Refinery appoints David Bird new CEO
Executives have also confirmed plans to list the refining arm on both the London and Lagos stock exchanges.
