Author: Ifetayo Adeniyi

CIO & C-Suite Awards Africa 2025 Expands Across 15 African Countries, Calling for Nominations Celebrating Icons of African Innovation CIO & C-Suite Awards Africa 2025 Expands Across 15 African Countries, Calling for Nominations The CIO & C-Suite Awards Africa is proud to announce the official Call for Nominations for its 2025 edition, now expanded to include participation from 15 African countries. This prestigious platform continues to celebrate visionary leaders driving innovation, transformation, and impact across sectors through the strategic use of technology and enterprise leadership. Now in its 6th year, the Awards have evolved into a truly pan-African initiative that…

Fidelity MD, Onyeali-Ikpe Urges Women to Embrace Lifelong Learning and Collaboration for Career Success Fidelity MD, Onyeali-Ikpe Urges Women to Embrace Lifelong Learning and Collaboration for Career Success Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, OON, has encouraged women professionals to embrace continuous learning, courage, and collaboration as key habits for achieving long-term career success and breaking through professional barriers. She gave the charge during a Women’s Roundtable hosted by the bank over the weekend at the Fidelity SME Hub in Gbagada, Lagos. Themed “Mentorship with Dr. Nneka Onyeali-Ikpe”, the event drew female professionals…

As POS agents handle N223tn, ATM usage drops As POS agents handle N223tn, ATM usage drops. Q1 As POS agents handle N223tn, ATM usage drops Point of Sale terminals handled transactions worth N223.27tn in 2024, representing a significant increase from the N110.35tn recorded in 2023. This is according to data from the Central Bank of Nigeria’s quarterly statistical bulletin, which shows a continued migration from Automated Teller Machines to Point of Sale platforms for financial transactions across the country. The total number of POS transactions rose from 9.85 billion in 2023 to 13.08 billion in 2024, indicating a 32.7 per…

FPI inflow, Naira strengthens for CBN intervention Naira notes FPI inflow, Naira strengthens for CBN intervention. The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the Central Bank of Nigeria, which injected dollars into the market to ease corporate demand pressures. Analysts also alluded the development to the resilience of the naira to foreign exchange inflows from foreign portfolio investors. Cordros Capital Limited, in an investor’s note, revealed that FPIs brought in dollars to participate in the Open Market Operation auction by the CBN. The CBN conducted an OMO auction…

BOI introduces sustainable finance framework for inclusive growth Bank of Industry BOI introduces sustainable finance framework for inclusive growth The Bank of Industry has announced the launch of its Sustainable Finance Framework to drive inclusive and climate-resilient growth in Nigeria. In a statement on Saturday, BOI described the framework as a strategic blueprint that establishes a strong foundation for aligning the bank’s financing activities with global sustainability and leading environmental, social, and governance practices. According to KPMG, sustainable finance is an overarching term referring to the investment process accounting for and promoting environmental and social factors. Sustainable finance comes predominantly…

Prudential Zenith unite with LAWMA, LASWA for waterfront cleanup Participants at the environmental cleanup campaign Prudential Zenith unite with LAWMA, LASWA for waterfront cleanup Prudential Zenith Life Insurance has joined forces with the Lagos Waste Management Authority and the Lagos State Waterways Authority to conduct an environmental cleanup campaign along the Ozumba Mbadiwe waterfront. According to the insurance firm, the clean-up exercise resulted in about three tonnes of plastic waste being removed from key locations along the waterfront. The collaborative effort, held in celebration of World Environment Day 2025, aimed to reinforce the company’s commitment to fostering a cleaner, greener…

Sierra Leone’s Bio takes charge of ECOWAS chairmanship President Tinubu officially handing over to President Julius Maada Bio of Sierra Leone Sierra Leone’s Bio takes charge of ECOWAS chairmanship. * Bio to restore constitutional order and deepen democracy. President Bola Tinubu officially handing over the chairmanship of the ECOWAS to President Julius Maada Bio of Sierra Leone. Credit: State House President Bola Tinubu, on Sunday in Abuja, handed over the chairmanship of the ECOWAS Authority of Heads of State and Government to President Julius Maada Bio of Sierra Leone. Tinubu ended his two-year tenure at the ECOWAS Authority’s 67th Ordinary…

FG throws weight behind Africa’s largest $400m earth project in Nasarawa Minister of Solid Minerals Development, Dele Alake FG throws weight behind Africa’s largest $400m earth project in Nasarawa * To give employment to more than 10,000. The Federal Government has pledged its full support behind a $400 million foreign direct investment aimed at establishing Africa’s largest rare earth and critical minerals processing plant in Nasarawa State. The project, promoted by Hasetins Commodities Limited, is expected to generate over 10,000 jobs nationwide while adding value to Nigeria’s mineral wealth through local processing. The Minister of Solid Minerals Development, Dr Dele…

GTCO Market Cap Hits N2.9 Trillion As Investors Target Unrestricted Dividend Guaranty Trust Holding Company Plc (GTCO) soared to a market capitalization of approximately N2.9 trillion on Friday, buoyed by strong investor sentiment and expectations of unrestricted dividend payments. The stock surged 21.3% during the week, closing at a new 52-week high of N84.95 per share. Investor appetite both foreign and local intensified following a directive by the Central Bank of Nigeria (CBN) barring banks with unresolved forbearance positions from paying dividends. GTCO stood out among its peers, having fully exited its forbearance obligations well ahead of the June 2025…

JAMB announces June 28 as mop-up exam date Joint Admissions and Matriculation Board logo JAMB announces June 28 as mop-up exam date The Joint Admissions and Matriculation Board has announced Saturday, 28th June 2025, as the date for the conduct of the 2025 Unified Tertiary Matriculation Examination mop-up examination. In a statement released by JAMB’s Public Communications Adviser, Dr Fabian Benjamin, on Sunday, “the Board disclosed that a total of 96,838 candidates would be participating in the mop-up exercise. “These include 5,096 spill-over candidates, those who experienced biometric verification failures during the main UTME, and 91,742 candidates who were absent…