Stanbic IBTC Capital leads Presco PLC’s ₦82.9 Billion Bond Issuance to drive West African market growth
Stanbic IBTC Capital leads Presco PLC’s ₦82.9 Billion Bond Issuance to drive West African market growth Presco PLC (Presco or the “Company”), has achieved a significant milestone with the successful issuance of its ₦82,896,000,000 7-year 23.75% senior unsecured fixed rate Series I Bonds under its ₦150 billion bond issuance programme (the "Transaction") with the Securities and Exchange Commission (“SEC”). Stanbic IBTC Capital Limited (“Stanbic IBTC Capital”) acted as the Lead Issuing House on the Programme. The proceeds from the Tr…
How Syndicate Bio is working to build Africa’s genomic data.
How Syndicate Bio is working to build Africa’s genomic data. Connecting Africa airs on CNN International on Tuesday 4th February 2025 at 2245 WAT Genomics, studying our genetic makeup, our DNA, to find new ways of treating diseases is becoming increasingly popular in the healthcare sector. Africa remains underrepresented when it comes to genomic research worldwide. Connecting Africa explores how Nigerian company, Syndicate Bio, are working towards finding new drug therapies tailored to the continent’s popula…
Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia
Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia … NESG says FG Must Support Domestic Industries to Achieve a $1 Trillion Economy Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil and gas company globally. 102: President/CEO, Dangote Group, Aliko Dangote; Vice President (Oil & Gas), Dangote Group, Mr Devakumar Edwin; Chairman, Nigerian Economic Summit Group (NESG),…
Anambra State Government Destroys Three Kidnappers' Den, Recording More Success With New Security Initiatives.
Anambra State Government Destroys Three Kidnappers' Den, Recording More Success With New Security Initiatives. In its ongoing move to ensure adequate security for its citizens, the Anambra State government demolished three kidnappers' dens in three different locations in the Nnewi North Local Government Area of the State on Tuesday, 4th February 2025. The locations are; Ndiezenwankwo Uruagu, Umumejiaku Uruagu and Obiofia Nnewichi, Nnewi North. According to the Commissioner for Information, Law Mefor, PhD, the operations were led by the…
Fidelity Bank set to Launch Innovative SME Hub with Creative Studios
Fidelity Bank set to Launch Innovative SME Hub with Creative Studios Fidelity Bank, a leading financial institution, has announced the imminent launch of its dedicated physical facility for Small and Medium-scale Enterprises (SME) and entrepreneurs in the creative sector. Known as the Fidelity SME Hub, the multipurpose facility features training halls, meeting rooms, networking spaces, podcast rooms as well as music, photography and content production studios. “For nearly four decades, Fidelity Bank has been at the forefront of supporting s…
natnudO Foods Partners with Edo State to Launch natnuPreneur Seller Scheme Hub & Spoke Model
natnudO Foods Partners with Edo State to Launch natnuPreneur Seller Scheme Hub & Spoke Model … Empowering Smallholder Farmers and Enhancing Protein Accessibility natnudO Foods, a division of Amo Farm Sieberer Hatchery Limited, has officially launched the natnuPreneur Seller Scheme Hub & Spoke Model in Edo State. This initiative, introduced in partnership with the Office of the Edo State First Lady and Heifer International, aims to empower agripreneurs and smallholder farmers while improving access to affordable animal protein. From le…
“I'm telling the world, Nigeria is open for business. We are digital” says Nigerian Trade Minister
“I'm telling the world, Nigeria is open for business. We are digital” says Nigerian Trade Minister CNN’s Richard Quest spoke to Jumoke Oduwole, Nigeria’s Minister of Industry, Trade, and Investment, last week at the World Economic Forum Annual Meeting in Davos. She discussed how her country is slowly but surely changing its business climate. As Nigeria’s Trade Minister, Oduwole tells Quest that “for the last nine years, I've been working on business climate reforms. Over 200 verifiable reforms implemented by or verified by the World Ba…
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