The Nigerian economy will continue to slump in 2023 due to activities leading to the general elections next year, but would likely pick in 2024, with growth rising to 3.3 per cent, a Fitch Solutions Country Risk & Industry Research report has predicted.
An affiliate of Fitch Ratings, the Fitch Solutions report estimated that economic growth in Nigeria slipped to a six-quarter low of 2.3 per…
Stanbic IBTC announced the appointment of new board members in its group companies.
January 3, 2023
Following receipt of the necessary regulatory approvals, Stanbic IBTC Holdings Plc (Stanbic IBTC), a member of Standard Bank Group, has announced the appointment of new directors throughout the Group.
These nominations were in accordance with Stanbic IBTC’s history of…
Leading identity and Know Your Customer (KYC) technology company, VerifyMe Nigeria, has been awarded two ISO certifications by the International Organization for Standardization.
The certifications are: QMS ISO 9001:2015 (Quality Management System) and ISMS ISO/IEC…
Veritasi Homes redeems its commercial paper series 1 and 2 for N5.53 billion.
January 3, 2023
Real estate development firm Veritasi Homes and Properties Limited has reported the successful maturity and redemption of its first series 1 and 2 Commercial Paper issued as part of its N10 billion issuing program.
Tobi Yusuff, partner and head of marketing communications, Veritasi Homes; Adetola Nola, chief executive officer, Veritasi Homes; Tadeni Balogun, managing director, AVA Trustees…
Ijeoma Josephina Otabor, often known as Phyna, has demonstrated her ability to achieve goals by introducing her clothing line in a distinctive manner.
It is clear that Phyna is here to stay with further success after the success she had last year and the way she is currently…
Dakore Egbuson-Akande has launched an all-natural line of beauty products for women of colour.
January 3, 2023
DakoreBeauty is a premium aromatherapy-based skincare line created in Lagos, Nigeria. Its Founder / CEO is Dakore Egbuson-Akande an A-list Nollywood Actor, Multiple Brand Ambassador, and Humanitarian.
Being in a highly visual industry spanning over 2 decades, Dakore…
The African Export-Import Bank’s (Afreximbank) Fund for Export Development in Africa (FEDA) has announced that it has received internal approvals to acquire a strategic minority stake in Geregu Power Plc.
FEDA is the development impact investment platform of Afreximbank with the mandate of providing capital towards advancing intra-African trade, export development and industrialization in…
The launch of the Radisson Blu Mosi-oa-Tunya Livingstone Resort in Zambia has been announced by the Radisson Hotel Group.
The resort, which is tucked away on the Zambezi River’s banks, is the Group’s first safari lodge in both Africa and Zambia.
The…
Propcrowdy, Nigeria’s property technology (Proptech) firm, has launched a crowdfunding intermediary (CFI) platform into the Nigerian market. This is following from the approval of the platform by the Securities and Exchange Commission (SEC).
With this approval, Propcrowdy…
Prior to implementing its intentions to stop password sharing, Netflix risks losing subscribers.
December 28, 2022
Although Netflix is putting an end to password sharing, this could present difficulties for both users and the streaming service. By requiring users who share accounts to pay, Netflix has announced that it will end password sharing as of 2023. Early in the year, according to the corporation, the adjustment will start to be implemented in the United States.
According to rumors, the streaming…