Soludo Urges South East Traditional Rulers to Unite to Reclaim the Region Governor Charles Soludo has extended warm felicitations to traditional rulers in the Southeast, stressing that collaboration is vital to the region's development. The governor made this submission at a recent meeting of the South East Traditional Rulers Council, where he stated that it is necessary to foster unity and dwell on each stakeholder's pivotal role in the region's advancement. In a release by the Governor's Chief Press Secretary, Christian Aburi…
JMG Limited Restates Commitment To Safety, Employee Well-being On World Day for Safety and Health. Lagos, Nigeria – JMG Limited, a leading provider of electromechanical solutions in Nigeria, joins the global observance of World Day for Safety and Health at Work, focusing on the prevention of occupational accidents and diseases. This year’s theme, “Revolutionising Health and Safety: The Role of AI and Digitalization at Work,” highlights the transformative impact of technology in reducing work-related injuries and fatalities. Through digital …
Rite Foods Goes After Mamuda Beverages After Alleged Circumvention of Consent Judgment, Files Fresh Trademark Infringement Matter Hassan Hammoud, Chairman/CEO of Mamuda Group, the company accused of trademark infringement Rite Foods Limited (“Rite Foods”), the Nigerian manufacturer behind the widely celebrated Fearless Energy Drink, has raised fresh concerns over the conduct of Mamuda Beverages Limited (“Mamuda”), following what appears to be a circumvention of a consent judgment previously agreed between both parties. In January 2025, Rite Fo…
ZENITH BANK FETES SHAREHOLDERS WITH DIVIDEND PAYOUT OF N195.67 BILLION, PROMISES QUANTUM LEAP IN FUTURE DIVIDENDS L-R: Executive Director, Mr. Adamu Lawani; Executive Director, Mr. Akin Ogunranti; Group Managing Director/Chief Executive, Dame (Dr.) Adaora Umeoji, OON ; Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR ; Executive Director, Mrs. Adobi Nwapa; Executive Director, Mr. Henry Oroh; and Executive Director, Mr. Louis Odom during the 34th Annual General Meeting of Zenith Bank Plc held at The Civic Centre, Victoria Island, Lagos…
Dangote Sugar grows turnover by 51%, to provide 75,000 jobs The chairman of Dangote Sugar Refinery Plc, Aliko Dangote has revealed that the company’s turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year. Speaking at the 19th Annual General Meeting (AGM) on Tuesday, Mss Bennedikter Molokwu, who chaired the AGM in an acting capacity, to represent the Aliko Dangote, noted that the company’s performance in 2024 was impact…
GTCO Food and Drink Festival 2025: A Shared Experience of Culture, Cuisine, and Enterprise Lagos, Nigeria—29 April 2025 – The stage is set for Africa’s most anticipated celebration of food, drink, and culture as Guaranty Trust Holding Company Plc (GTCO) announces the 8th edition of the GTCO Food and Drink Festival, scheduled to hold from Friday, May 2nd to Sunday, May 4th, 2025, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos. This year’s festival is themed “A Shared Experience”, highlighting how every meal tells a s…
Fidelity Bank's FY 2024 Performance Praised by Shareholders Shareholders of tier one lender, Fidelity Bank, have applauded the board and management of the bank for delivering an outstanding performance in FY 2024. L–R: Executive Director/Chief Operations and Information Officer, Mr. Stanley Amuchie; Managing Director/Chief Executive Officer, Dr. Nneka Onyeali-Ikpe; Chairman, Mr. Mustafa Chike-Obi; and Company Secretary, Mrs. Ezinwa Unuigboje; (all of Fidelity Bank Plc) at the bank’s 37th Annual General Meeting held in Lagos recently. Speak…
Soludo Congratulates Most Rev. Paulinus Ezeokafor on His 18th Episcopal Consecration Anniversary as Catholic Bishop of Awka Diocese Governor Charles Soludo has conveyed his most heartfelt congratulations to Most Rev. Paulinus Chukwuemeka Ezeokafor on the auspicious occasion of his 18th Episcopal Consecration Anniversary as the Catholic Bishop of Awka Diocese. In his goodwill message, Governor Soludo extols Bishop Ezeokafor for having shepherded the Catholic faithful in Awka Diocese with exceptional dedication, steadfast faith, and profound wis…
Why Analyzing Media Sentiment by Frequency is Holding You Back As someone who has spent over 15 years working directly with public relations measurement and intelligence and more than a decade helping brands make sense of their media performance, I can say with confidence (and a touch of media analysis fatigue) that not all PR metrics are doing what we think they are doing. And when it comes to sentiment analysis, many of us have been led by tradition, not truth. In my constant pursuit to help PR and comms professionals access metrics rooted i…
C-One To Acquire Bankly Microfinance Bank … ...to restore Stability and Accelerate Growth Lagos, Nigeria: C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal economy. The deal which is subject to regulatory approvals including from the Central Bank of Nigeria, reflects C‑One’s commitment to ensurin…
GTCO Shareholders Approve N8.03 Per Share Dividend Payout Shareholders of Guaranty Trust Holding Company (GTCO) Plc have approved the payment of a total dividend of N8.03 per share for the financial year ending December 31, 2024. This decision was taken at the company's fourth annual general meeting, which was held virtually yesterday. The company had previously paid an interim dividend of N1 per share, and would now make an additional N7.03 per share bringing the total dividend for the 2024 financial year to N8.03 per share. Speaking to …
Supreme Court sets aside N22trn judgement against Union Bank The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014. The judgement arose from a suit instituted by a company known as Visana Nigeria Limited which claimed that Union Bank was indebted to it in the sum of approximately $8 million at an interest rate of 2.5 per cent per month compounded from January 2000 until judgement and thereafter at 10 per cent per annum from the date of judgement un…
Sterling Bank Introduces Free Bus Rides for Nigerians... .…doubles down on its push for Free Bank Transfers Lagos, Nigeria: After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week, regular Lagosians stepping out after long workdays were met with an unexpected gift: Sterling OneBank-branded buses waiting to take them home, free of charge. Starting as a push against bank transfer fees, the initiative has no…
Aliko Dangote Foundation Donates Lifesaving Ambulance to Mainland Hospital After 10-Year Wait The Aliko Dangote Foundation (ADF) has provided an ambulance to Mainland Hospital in Yaba, Lagos, bolstering its capacity to manage infectious disease outbreaks and enhance emergency response. For over a decade, Mainland Hospital operated without a functional ambulance, which was a limitation that severely affected the speed and quality of patient referrals and emergency evacuations. IMG 8237 : From left to right: Dr Francis Aminu, Director of Health …
Dangote Shares Food To Victims Of Fire Disaster …Feeds 60,000 Families In Taraba, Jigawa Representative of the Aliko Dangote Foundation, Bello Dan Musa, supported by the Taraba State officials at the flag-off of the rice distribution exercise donated by the Foundation in Taraba State. Victims of inferno, physically challenge and poor families are some of the beneficiaries of the Aliko Dangote Foundation’s rice distribution exercise in Taraba and Jigawa State. A statement from the company’s spokesman, Anthony Chiejina, said 500 bags of ric…
ECOWAS ROGEAP and Ecobank Nigeria to Host Entrepreneurship Training for Solar SMEs in Lagos Lagos, Nigeria – April 2025 – The Regional Off-Grid Electricity Access Project (ROGEAP), implemented by the ECOWAS Commission in partnership with Ecobank Nigeria, has announced a three-day Entrepreneurship Business Training (EBT) Workshop for small and medium enterprises (SMEs) in the solar energy sector. Scheduled for April 28 – 30, 2025, this workshop builds on a similar training held in March 2025 in Abuja, where 50 SMEs were equipped with vital skil…
Dolly Children Foundation Celebrates 16 Years of Impact, Reaffirms Commitment to Transforming Grassroots Education in Nigeria This year, Dolly Children Foundation proudly commemorates 16 years of unwavering service to vulnerable children in Nigeria, celebrating a journey defined by resilience, transformation, and hope. Since its inception in 2009, the Foundation has directly touched the lives of over 23,000 children, equipping them with access to quality education and life-changing empowerment initiatives. In a recent interview with BusinessDa…
From Pollution to Restoration: How Soludo is Healing Anambra’s Environment, One Community at a Time - Christian Anytime On assumption of office in 2022, Governor Charles Soludo of Anambra inherited more than a state in need of development. He inherited an ecological emergency. According to the Governor’s Chief Press Secretary, Christian Aburime, with over 1,000 active erosion sites, flooding that displaced entire communities, a broken waste system, and air quality so poor that Onitsha was once ranked the most polluted city in the world, Anambr…
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