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Former Skye Bank chairman, Ayeni, is set to be re-arraigned over allegations of a N15.6 billion fraud. The prosecution has filed an amended charge and additional evidence in the case.
Former Skye Bank chairman Tunde Ayeni has been re-arraigned by the EFCC on 18 charges related to a N15.6 billion fraud case. This development marks a significant step in the ongoing legal proceedings against him.
The article discusses the essential factors for successful expansion into Africa, highlighting the significance of strategic planning. It references Jumia's 2019 NYSE listing as a landmark event for the continent's tech landscape.
A new platform has been launched to consolidate all betting promotions in one location, making it easier for users to find the best offers. This innovation aims to enhance the betting experience by providing comprehensive information on various betting options.
Phillips Consulting, Skillsoft, and LRMG brought together senior executives to discuss workforce preparedness for AI. The focus was on developing necessary skills and leadership roles in this evolving landscape.
The SpaceX IPO is anticipated to be the largest trading event of 2026, valued at $1.75 trillion. This offering is expected to significantly influence market dynamics.
Tony Elumelu attributes his success to luck, sparking public debate on the nature of achievement. His perspective challenges the traditional views on merit and effort in the journey to success.
Billionaire Aliko Dangote shared his thoughts on success and humility, emphasizing the importance of being remembered for more than just wealth. He discussed his priorities and the legacy he wishes to leave behind.
Golden Penny Foods celebrated its dealers at the annual conference in Lagos, focusing on themes of resilience and success. The event highlighted the brand's commitment to its dealer network and future growth.
Austin Laz and Company Plc has received shareholder approval to raise N2.1 billion in capital for expansion. This move is expected to enhance the company's growth prospects and operational capacity.
Fidelis Ayebae's Fidson Healthcare faces significant financial challenges due to complex rights issues, resulting in a substantial paper loss. This situation highlights the difficulties even successful founders encounter in managing corporate finance.
Fidson, Africa Prudential, and Access Holdings are highlighted as top stock picks this week. Investors are advised to consult financial advisors before making decisions.
The Nigerian equities market is implementing a tiered pricing system to enhance price discovery. This adjustment is seen as a significant step towards the maturity of the NGX.
ValueJet is enhancing the skills of its maintenance engineers through Boeing's Advanced Technical Training Programme. This initiative underscores the airline's commitment to safety and operational excellence.
Wale Igbintade Ojukwu Transport Limited has requested the Inspector-General of Police's help regarding the enforcement of a court judgment on a property that is under appeal. The company claims there are attempts to enforce the judgment prematurely.
TikTok and the International Chamber of Commerce have launched the Digital Commerce Labs in Lagos to support Nigerian SMEs. This initiative aims to enhance the social commerce market in Nigeria.
The Nigerian insurance sector is set for transformation as new governance standards are demanded. Incoming NIA Chairman Ebelechukwu Nwachukwu emphasizes the industry's need for adaptation.
Professor Ndi Okereke-Onyuike celebrates Dr. Fiona Ahimie's election as the first female President of the Chartered Institute of Stockbrokers. This milestone marks a significant achievement for gender representation in Nigeria's financial sector.
Industrial & Medical Gases Nigeria Plc reported a 100% increase in shareholders' equity, reaching N11.84 billion. The company also paid a cash dividend of N365.5 million, reflecting strong financial performance.
Emeka Ezekwe advocates for a women's enterprise accelerator aimed at achieving tangible results. He emphasizes the importance of sustainable development in empowering women in business.
Conoil has successfully maintained its profitability in Nigeria's challenging downstream market during 2025. The company's resilience is attributed to its adaptation to market-based fuel pricing amid significant economic changes.
Shareholders are backing Access Holdings Plc's strategy aimed at long-term value generation. The financial services group is focused on consolidating its position both in Africa and globally.
Aradel Holdings Plc has reported a significant financial growth of N699.4 billion for the fiscal year 2025. This achievement underscores the company's strong position in Nigeria's energy sector.
Access Bank has teamed up with automobile distributors to introduce AutoFest, aimed at making vehicle ownership more accessible for Nigerians. This initiative also seeks to enhance financial inclusion across the country.
The CDCFIB has warned the public against fraudulent recruitment claims and emphasized the importance of using official channels for job applications. They also announced potential legal action against those spreading false information.
Telecom share transfers in Nigeria will now require approval from the NCC and CAC. This move aims to maintain a fair and competitive market structure in the communications sector.
JMG Limited has reiterated its commitment to sustainable energy solutions on World Environment Day. The company aims to support climate-conscious development throughout Nigeria.
FBS Reinsurance Limited has been awarded an AA (NG) rating with a stable outlook by GCR Ratings. This recognition highlights the company's strong financial position and stability in the insurance sector.
RMB Nigeria Asset Management Limited's RMBN Money Market Fund has been upgraded to an 'A+' rating by Agusto & Co. This two-notch improvement reflects the fund's strong performance and stability in the market.
Renaissance Energy Africa and the Niger Delta Development Commission are collaborating to drive technological innovation in the oil region. This initiative aims to reshape the future of the area through advancements in technology.