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Business and Economy

Afreximbank’s Medical Centre of Excellence unveils construction milestones as June 2025 launch approaches

  ABUJA, Nigeria, February 12, 2025 The African Medical Centre of Excellence (AMCE), a groundbreaking tertiary medical institution spearheaded by African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in partnership with King’s College Hospital, London, hosted a high-level stakeholder and media tour to showcase major construction milestones and reaffirm its commitment to revolutionising …

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Chevron Nigeria Limited reiterates commitment to socio-economic development of Delta State

Lagos. Nigeria February 11, 2025.  Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL- NNPCL/CNL JV- has reiterated its commitment to the socio-economic development of communities neighbouring the areas of their operations and building mutually beneficial partnerships with the government and …

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Afreximbank challenges Africa’s miners to take bold steps to own the continent’s resources

CAPE TOWN, South Africa, February 5, 2025 Africa must take bold steps to own its resources, create jobs and build industries that sustain prosperity for generations, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has told African leaders, policymakers, mining industry leaders and global partners at the African Mining Indaba 2025 in Cape …

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Afreximbank challenges Africa’s miners to take bold steps to own the continent’s resources

CAPE TOWN, South Africa, February 5, 2025 Africa must take bold steps to own its resources, create jobs and build industries that sustain prosperity for generations, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has told African leaders, policymakers, mining industry leaders and global partners at the African Mining Indaba 2025 in Cape …

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NCDMB ES, SPDC officials visit Brightwaters Energy, laud firm’s capabilities for industry projects

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, in company with senior officials of Shell Petroleum Development Company (SPDC) last Tuesday undertook a tour of facilities at Brightwaters Energy Limited, Port Harcourt, Rivers State. The tour to the company’s facilities at Choba, …

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Illegal mining: Ex-NYSC DG bombs Oshiomhole; Says ‘Stop destroying our reputation’

…Demands retraction of allegation A retired military officer, and former Director General of the National Youth Service Corps (NYSC), Major-General Johnson Olawumi (Rtd), has issued a strong disapproval of comments credited to Senator Adams Oshiomhole, that retired military generals are behind illegal mining activities in Nigeria. Oshiomhole had alleged that, …

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Inclusion: Fintech startups must think outside the box – PalmPay Executive

By Funmilola Gboteku Lagos, Jan. 27, 2025 Financial technology (Fintech) is shifting into high gear in 2025, with the industry poised for unprecedented growth and transformation. Emerging technologies like Artificial Intelligence (AI), quantum computing, and Central Bank Digital Currencies (CBDCs) are set to revolutionise the sector, redefining back-office operations, security, …

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Don’t invest in Risevest, Stecs cooperative societies, SEC warns

By Rukayat Adeyemi Jan. 26, 2025 Securities and Exchange Commission (SEC) has warned the public against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Ltd. and Stecs (Alausa) Multipurpose Cooperative Society. The commission, in a circular issued on Sunday, said that neither of the entities was …

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